Form 4: Criteo S.A. Chief Legal Officer Damon Ryan Reports Sale of Shares to Cover Tax Obligations

Criteo's Chief Legal Officer, Damon Ryan, sold 946 ordinary shares to cover tax withholding obligations arising from a previously reported security award.

Summary

• On May 24, 2024, Damon Ryan, Chief Legal Officer of Criteo S.A., reported the sale of 946 ordinary shares.
• The shares were sold at a price of $38.99 per share.
• The sale was executed to cover tax withholding obligations related to the settlement of a previously reported security award.
• Following the transaction, Damon Ryan beneficially owns 153,623 ordinary shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing relates to a routine transaction for tax purposes and doesn't reflect a significant change in the executive's holdings or the company's prospects.

Industry Context

Sales of shares by company executives to cover tax obligations are a common occurrence and generally don't indicate a change in the company's outlook.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates