Schild Niklaus 4
Research Summary
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Constellium (CSTM) SVP Niklaus Schild Receives 5,106-Share Award
What Happened
- Niklaus Schild, Senior Vice President, Chief Information Officer & Chief Digital Officer of Constellium SE, received 5,106 shares on March 9, 2026. The Form 4 reports the acquisition price as $0.00 (total $0) because these shares were issued upon vesting of previously granted performance stock units rather than bought on the open market.
Key Details
- Transaction date: March 9, 2026 (reported on Form 4 filed March 11, 2026).
- Transaction type: Award/vesting of performance stock units (coded "A" on the filing).
- Shares reported acquired: 5,106 at $0.00 per share (total reported value $0).
- Footnote: These are earned non-derivative performance stock units granted March 9, 2023 that contained performance-vesting requirements and vested on March 9, 2026.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Reported within the typical Form 4 window (transaction 3/9/2026; filing 3/11/2026) — not indicated as late.
Context
- This was a vesting of performance-based equity, not an open-market purchase or sale. The Form 4 records the acquisition price as $0 because the shares were issued on vesting — it does not state the market value received. Such awards reflect compensation or incentive plan payouts and are not direct buy/sell signals.