Form 4: Criteo's Chief Legal Officer Damon Ryan Sells Shares to Cover Tax Obligations

Criteo's Chief Legal Officer, Damon Ryan, sold 1,974 ordinary shares to cover tax withholding obligations arising from the settlement of a previously-reported security award.

Summary

• On March 4, 2024, Damon Ryan, the Chief Legal Officer of Criteo S.A., sold 1,974 ordinary shares of the company.
• The shares were sold at a price of $32.91 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 directly owns 176,230 ordinary shares.
• The ordinary shares may be represented by American Depository Shares (ADS), with each ADS representing one ordinary share.

Sentiment

Score: 5

Explanation: This is a neutral event related to tax obligations. It doesn't indicate positive or negative sentiment towards the company's prospects.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes associated with vesting equity awards. It does not necessarily reflect a change in the executive's confidence in the company.

Stakeholder Impact

• The sale of shares has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.

Key Dates