Corre Stephane 4
Research Summary
AI-generated summary
Constellium (CSTM) President Stephane Corre Receives RSU Award
What Happened
- Stephane Corre, President, AS&I of Constellium SE, was granted 7,293 restricted stock units (RSUs) on March 12, 2026. The grant was reported as an award/acquisition at $0.00 per share (no cash paid at grant). The Form 4 shows the award but does not report a cash transaction value at grant.
Key Details
- Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-16).
- Transaction type/code: Award/Grant (A).
- Shares granted: 7,293 RSUs; acquisition price shown as $0.00 (typical for equity awards).
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: The RSUs vest in full on March 12, 2029, subject to the reporting person’s continued employment.
- Filing timeliness: Form 4 filed four days after the transaction date (appears late relative to standard Form 4 timing), which delays public disclosure.
Context
- This was a compensation award (RSUs) rather than an open-market purchase or sale. RSU grants are common executive compensation and do not represent an immediate cash investment or divestment by the insider.
- The economic benefit (and tax event) generally occurs at vesting; the award does not by itself indicate a buy/sell signal.
- Because the filing was submitted after the transaction date, the market received the disclosure later than ideal, reducing timeliness for investors.
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