Form 4: Criteo CFO Sarah Glickman Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Criteo's Chief Financial Officer, Sarah Glickman, sold 1,519 ordinary shares to cover tax withholding obligations arising from the settlement of a previously-reported security award.
Summary
- On August 26, 2024, Sarah Glickman, the Chief Financial Officer of Criteo S.A., sold 1,519 ordinary shares of the company.
- The sale was executed at a price of $49.17 per share.
- The transaction was conducted to cover tax withholding obligations related to the settlement of a previously reported security award.
- Following the transaction, Glickman directly owns 318,682 ordinary shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The transaction is a routine sale of shares to cover tax obligations and doesn't indicate any fundamental change in the company's prospects.
Industry Context
Executive share sales are a common occurrence, often related to compensation and tax planning. The sale itself is unlikely to have a significant impact on Criteo's stock price, as it represents a small fraction of the total outstanding shares. Investors often monitor these transactions for insights into management's perspective on the company's value, but in this case, the stated reason is for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of the transaction: Sarah Glickman sold 1,519 ordinary shares. |
| 08/27/2024 | Date of signature on the SEC filing. |
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