Form 4: Coty Inc. Executive Priya Srinivasan Reports Stock Transactions
SEC Form 4 Filing
Priya Srinivasan, Chief People & Purpose Officer at Coty Inc., reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to their beneficial ownership of Class A common stock.
Summary
- On April 4, 2024, Priya Srinivasan, Chief People & Purpose Officer of Coty Inc., engaged in transactions involving Class A common stock.
- Srinivasan acquired 2,370 shares of Class A common stock upon the vesting of restricted stock units.
- Simultaneously, 822 shares were surrendered to Coty Inc. to cover income tax obligations related to the vesting of the restricted stock units.
- Following these transactions, Srinivasan directly owns 1,548 shares of Class A common stock and 28,987 restricted stock units.
- The transactions were reported on September 25, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 04/04/2024 | Date of stock transactions (vesting of restricted stock units and tax withholding). |
| 09/25/2024 | Date of report filing. |
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