Form 4: Criteo CFO Sarah Glickman Sells Shares to Cover Tax Obligations

Criteo's Chief Financial Officer, Sarah Glickman, sold 1,535 ordinary shares to cover tax withholding obligations.

Summary

• On May 24, 2024, Sarah Glickman, the Chief Financial Officer of Criteo S.A., sold 1,535 ordinary shares of the company.
• The sale was executed at a price of $38.99 per share.
• The transaction was conducted to cover tax withholding obligations arising from the settlement of a previously reported security award.
• Following the transaction, Glickman directly owns 325,697 ordinary shares.
• The ordinary shares may be represented by American Depositary Shares (ADS), with each ADS currently representing one ordinary share.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) by a company executive, which is neither particularly positive nor negative.

Industry Context

Sales of shares by company executives are a common occurrence, often related to compensation and tax obligations. It's important to consider the size of the sale relative to the executive's total holdings and the overall trading volume of the stock.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect given the reason for the sale.

Key Dates