Form 4: Criteo CFO Sells Shares to Cover Tax Obligations from Equity Awards

Criteo S.A.'s Chief Financial Officer, Sarah Glickman, reported the sale of 3,985 ordinary shares across two transactions in late May 2025, solely to satisfy tax withholding obligations arising from a previously reported security award.

Summary

• Sarah Glickman, Chief Financial Officer of Criteo S.A. (CRTO), reported two transactions involving the sale of ordinary shares.
• On May 23, 2025, 2,465 ordinary shares were sold at a price of $25.81 per share.
• On May 27, 2025, an additional 1,520 ordinary shares were sold at a price of $26.12 per share.
• The total number of shares sold across both transactions was 3,985.
• These sales were automatic and conducted on Ms. Glickman's behalf to fund tax withholding obligations related to the settlement of a previously reported security award.
• Following these transactions, Sarah Glickman beneficially owns 361,190 ordinary shares of Criteo S.A.

Sentiment

Score: 5

Explanation: The transactions are routine sales to cover tax obligations on vested equity awards, not indicative of discretionary selling or a change in management's outlook, thus maintaining a neutral sentiment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• "These securities were automatically sold on the Reporting Person's behalf to fund tax withholding obligations arising from the settlement of a previously-reported security award."

Industry Context

This Form 4 filing reports a routine insider transaction, specifically a sale of shares by a corporate officer to cover tax obligations related to equity compensation. Such transactions are common and do not typically reflect a change in the company's operational performance or broader industry trends, but rather a standard part of executive compensation and tax compliance.

Stakeholder Impact

• Shareholders: The sale is a routine tax-related transaction and is unlikely to have a significant direct impact on shareholder value or perception, as it does not signal a lack of confidence from management.

Key Dates

Keywords

Criteo, CRTO, Form 4, Insider Transaction, Share Sale, Tax Withholding, Sarah Glickman, Chief Financial Officer, Beneficial Ownership