Form 4: Criteo S.A. Director and 10% Owner, Till Hufnagel, Reports Transactions in Ordinary Shares
SEC Form 4
Till Hufnagel, a director and 10% owner of Criteo S.A., reported multiple transactions involving the acquisition and disposition of ordinary shares between May 13 and May 17, 2024.
Summary
- Till Hufnagel, a director and 10% owner of Criteo S.A., along with Klaus Umek, filed a Form 4 detailing changes in beneficial ownership.
- The reported transactions include the sale of ordinary shares on May 13, 2024, for $37.8134 per share.
- An additional 6,000 shares were purchased on May 14, 2024, at an average price of $37.6674.
- Further sales of ordinary shares occurred on May 14, 15, 16 and 17, 2024, at varying prices.
- The reporting persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest.
- The purchases of an aggregate 6,000 shares on May 14, 2024 reported herein were matchable under Section 16(b) of the Exchange Act with the sales of an aggregate 6,000 shares reported herein.
- The Reporting Persons have notified the Issuer regarding prompt payment of short swing profits resulting from the reported transactions calculated in accordance with Section 16(b) of the Exchange Act.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the corporate world. It provides transparency to the market regarding the actions of key individuals within the company.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into their perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Sale of Criteo S.A. Ordinary Shares |
| 05/14/2024 | Purchase of Criteo S.A. Ordinary Shares |
| 05/14/2024 | Sale of Criteo S.A. Ordinary Shares |
| 05/15/2024 | Sale of Criteo S.A. Ordinary Shares |
| 05/16/2024 | Sale of Criteo S.A. Ordinary Shares |
| 05/16/2024 | Sale of Call Options |
| 05/17/2024 | Sale of Criteo S.A. Ordinary Shares |
| 05/23/2024 | Date of Form 4 Filing |
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