Form 4: Criteo Executive Brian Gleason Reports Stock Sales to Cover Tax Obligations

Brian Gleason, CRO & President of Retail Media at Criteo S.A., reported the sale of ordinary shares to cover tax withholding obligations.

Summary

• Brian Gleason, CRO & President, Retail Media at Criteo S.A., filed a Form 4 with the SEC.
• The report details the sale of Criteo ordinary shares on July 29, 2024, and October 29, 2024.
• These sales were executed to cover tax withholding obligations arising from the settlement of a previously reported security award.
• On July 29, 2024, 2,926 shares were sold at a price of $44.14 per share.
• On October 29, 2024, 2,841 shares were sold at a price of $41.1 per share.
• Following these transactions, Gleason directly owns 146,470 ordinary shares of Criteo S.A.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding stock sales for tax purposes, which is neutral in sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. The impact on the company's stock price is usually minimal unless the sales are substantial or indicative of a larger trend.

Stakeholder Impact

• The stock sales are unlikely to have a significant impact on stakeholders as they are related to tax obligations and involve a relatively small number of shares.

Key Dates