Brandjes Michiel 4

What Happened
Michiel Brandjes, a director of Constellium SE (CSTM), sold 10,400 shares in open-market transactions on May 5, 2026. The Form 4 reports a weighted average price of $31.25, for aggregate proceeds of approximately $325,000. The Form 4 was filed on May 7, 2026.

Key Details

• Transaction date: May 5, 2026 (reported on Form 4 filed May 7, 2026).
• Transaction type/code: Sale (S) — open market or private sale.
• Shares sold: 10,400.
• Reported weighted average price: $31.25; total proceeds ≈ $325,000.
• Footnote: Price is a weighted average; individual trade prices ranged from $31.00 to $33.00. The reporting person will provide a breakdown of the number of shares sold at each price on request (per F1).
• Shares owned after the transaction: Not disclosed in the provided filing excerpt.
• Timeliness: Filed within the standard 2-business-day window (not reported as late).

Context
This was a sale by a board director. Insider sales are often routine (e.g., diversification or liquidity) and do not necessarily indicate a change in company outlook; purchases are generally more informative about insider sentiment. If you need the per-trade price breakdown, the footnote indicates that detailed information is available from Constellium SE, a security holder, or the SEC staff upon request.