Form 4: Criteo CLO Sells Shares for Tax Obligations

Criteo's Chief Legal Officer, Ryan Damon, sold a portion of his ordinary shares to cover tax withholding obligations related to a security award settlement.

Summary

• Ryan Damon, Chief Legal Officer of Criteo S.A. (CRTO), reported two transactions involving the sale of ordinary shares.
• On February 23, 2026, Damon sold 1,736 ordinary shares at a price of $16.81 per share.
• On February 24, 2026, an additional 1,019 ordinary shares were sold at a price of $16.71 per share.
• These sales were automatically executed on Damon's behalf to fund tax withholding obligations arising from the settlement of a previously reported security award.
• Following these transactions, Ryan Damon directly beneficially owns 111,531 ordinary shares of Criteo S.A.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sales were non-discretionary and for tax purposes, not indicative of a change in the reporting person's confidence in the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Criteo S.A.'s future performance.

Industry Context

StockSavvy.ai notes that insider sales for tax withholding purposes, such as those reported by Criteo's Chief Legal Officer, are common and typically do not reflect a change in management's sentiment regarding the company's prospects. These are often pre-scheduled or automatic transactions tied to equity compensation vesting.

Stakeholder Impact

• Shareholders: Minimal impact, as these are routine, non-discretionary sales for tax purposes and do not signal a change in company fundamentals or insider sentiment.

Key Dates

Recommendation

The reported insider sales are non-discretionary, executed solely to cover tax withholding obligations from a security award. This type of transaction is routine and does not reflect a change in the executive's outlook on the company's future performance or fundamental value. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation.

Keywords

Criteo, CRTO, Form 4, Insider Transaction, Share Sale, Tax Withholding, Ryan Damon, Chief Legal Officer