COTY.NYSECoty INC

4/A: Coty Inc. Director Peter Harf Corrects Stock Vesting Information in Amended SEC Filing

Sentiment:

SEC Filing (Form 4/A)


Peter Harf, a director at Coty Inc., filed an amended SEC Form 4/A to correct the number of shares that vested on November 15, 2023.

Summary

  • Peter Harf, a director of Coty Inc., filed an amendment to a previously submitted Form 4 with the SEC.
  • The amendment corrects the number of Class A common stock shares that vested on November 15, 2023.
  • The original filing understated the vested shares as 10,000, while the corrected filing shows 22,657 shares vested.
  • Harf also holds 45,000 Restricted Stock Units (RSUs) that vest on November 15, 2028, subject to certain conditions.
  • Following the reported transactions, Harf directly owns 52,657 shares of Class A common stock and indirectly owns 12,320,509 shares through HFS Holding S.a.r.l.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.

Future Outlook

The document does not contain any specific forward-looking statements regarding Coty Inc.'s future performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It provides information about the holdings and transactions of company insiders, allowing investors to monitor potential conflicts of interest or significant changes in ownership.

Stakeholder Impact

  • The correction of the vested shares ensures accurate information is available to shareholders.
  • The filing provides transparency regarding insider ownership, which can influence investor confidence.

Key Dates

DateDescription
11/15/2023Date of earliest transaction and vesting of shares.
11/17/2023Date of original Form 4 filing.
11/15/2028Vesting date for remaining Restricted Stock Units.
09/25/2024Date of amended filing.

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