Form 4: Criteo Executive Brian Gleason Sells Shares Under 10b5-1 Trading Plan

Criteo's Chief Revenue Officer and President of Retail Media, Brian Gleason, sold 1,924 ordinary shares at $38.08 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Brian Gleason, the Chief Revenue Officer and President of Retail Media at Criteo, sold 1,924 ordinary shares of the company.
• The sale occurred on January 31, 2025, at a price of $38.08 per share.
• The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
• Following the transaction, Gleason directly owns 137,161 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 reflects a routine transaction under a pre-arranged trading plan, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine filing related to an executive's pre-planned stock sale, which is a common practice among publicly traded companies. It does not indicate any specific trend or change in the company's performance or outlook.

Comparison to Industry Standards

• Rule 10b5-1 trading plans are a common practice for executives at publicly traded companies to avoid accusations of insider trading.
• The sale of shares by an executive is a normal occurrence and does not necessarily indicate a negative outlook on the company's future.
• Many companies have similar policies and procedures in place for executive stock transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale under a pre-arranged plan.

Key Dates

Keywords

Criteo, Brian Gleason, share sale, 10b5-1 trading plan, insider trading, executive transaction, ordinary shares, CRTO