Form 4: Criteo CEO Megan Clarken Sells Shares to Cover Tax Obligations

Criteo's CEO, Megan Clarken, sold 5,490 ordinary shares to cover tax withholding obligations arising from the settlement of a previously-reported security award.

Summary

• On May 28, 2024, Megan Clarken, CEO of Criteo S.A., sold 5,490 ordinary shares of the company.
• The shares were sold at a price of $38.94 per share.
• The sale was executed to cover tax withholding obligations related to the settlement of a previously reported security award.
• Following the transaction, Clarken directly owns 527,712 ordinary shares.
• The ordinary shares may be represented by American Depositary Shares (ADS), with each ADS representing one ordinary share.
• Further details about Clarken's equity holdings in Criteo can be found in the company's most recent definitive proxy statement filed with the Securities and Exchange Commission.

Sentiment

Score: 6

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it reflects a common practice of executives selling shares for tax purposes.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. The sale itself doesn't necessarily indicate a negative outlook on the company's future.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.

Key Dates