Form 4: Coty Inc. Executive Ayesha Zafar Reports Stock Transactions
SEC Form 4 Filing
Ayesha Zafar, SVP Group Controller at Coty Inc., reports the acquisition and disposal of Class A common stock related to the vesting of Restricted Stock Units.
Summary
- On March 15, 2024, Ayesha Zafar, SVP Group Controller of Coty Inc., reported transactions involving Class A common stock.
- Zafar acquired 3,428 shares of Class A common stock upon the vesting of Restricted Stock Units.
- Simultaneously, 1,236 shares were disposed of to cover income tax withholding obligations related to the vesting of the Restricted Stock Units.
- Following these transactions, Zafar directly owns 131,117 shares of Class A common stock.
- Zafar also owns 65,000 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Acquisition of shares through vesting of Restricted Stock Units and disposal of shares for tax obligations. |
| 09/25/2024 | Date of signature for the report. |
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