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

Criteo's Chief Financial Officer, Sarah Glickman, sold 5,504 ordinary shares to cover tax withholding obligations arising from a previous security award settlement.

Summary

• Sarah Glickman, the Chief Financial Officer of Criteo S.A., sold 5,504 ordinary shares on April 23, 2024.
• The sale was executed at a price of $35.399 per share.
• The transaction was conducted to fund tax withholding obligations related to the settlement of a previously reported security award.
• Following the transaction, Glickman directly owns 327,232 ordinary shares.
• The ordinary shares may be represented by American Depository 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 or tax obligations. It's important to consider the size of the sale relative to the executive's total holdings and the overall context of the company's performance.

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 context.

Key Dates