Piquier Ludovic 4

What Happened

• Ludovic Piquier, Senior VP Manufacturing Excellence & Chief Technology Officer of Constellium SE, was reported on a Form 4 as acquiring 30,350 shares on March 9, 2026. The filing lists the transaction as an award/acquisition (code A) at $0.00 per share — this reflects the conversion/vesting of performance stock units rather than a cash purchase. The Form 4 shows acquisition date 2026-03-09 and was filed on 2026-03-11.

Key Details

• Transaction date: 2026-03-09; Filing date: 2026-03-11 (timely filing).
• Shares acquired: 30,350; reported price: $0.00 per share (award/vesting treatment).
• Transaction type: A = Award/Grant (non-derivative).
• Footnote: These are earned performance stock units granted March 9, 2023 that contained performance-vesting requirements and vested on March 9, 2026.
• Shares owned following the transaction: not provided in the supplied filing details.
• No sale or immediate disposition reported in this filing; no tax-withholding or 10b5-1 plan noted in the supplied data.

Context

• These were performance stock units (PSUs) that met vesting conditions and converted to shares. That means Piquier received shares as compensation tied to performance — not a market purchase signaling personal cash investment.
• For retail investors: awards like this are common executive compensation and do not by themselves indicate insider confidence in the short-term stock direction.