Criteo (CRTO) Director Jay Stefanie Receives 4,444 Shares, Surrenders 4,444
$CRTO · Criteo S.A.Research Summary
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Criteo (CRTO) Director Jay Stefanie Receives 4,444 Shares, Surrenders 4,444
What Happened Jay Stefanie, a director of Criteo S.A. (CRTO), had two offsetting equity entries on July 29, 2026: a disposition to the issuer of 4,444 shares (D) for $0 and an acquisition/award of 4,444 shares (A) for $0. Both transactions report $0 total value. The filings and accompanying footnotes state that these entries relate to the issuer's conversion from a French public limited liability company to a Luxembourg public limited liability company completed that day; existing ADSs and equity awards were continued or converted into equivalent ordinary shares of the new Luxembourg entity.
Key Details
- Transaction date: 2026-07-29
- Transactions: Disposition to issuer (D) — 4,444 shares @ $0.00; Grant/Acquisition (A) — 4,444 shares @ $0.00
- Reported dollar value: $0 for both disposition and acquisition (no cash changed hands in these entries)
- Shares owned after transaction: not specified in this extract — see the issuer's most recent definitive proxy statement per footnote F3
- Notable footnotes:
- F1: ADSs previously representing ordinary shares were mandatorily exchanged 1-for-1 in connection with the conversion.
- F2: On July 29, 2026 the company converted from French Criteo to Lux Criteo; outstanding awards, options and ADS rights continued as equivalent Lux Criteo instruments.
- F3: For full details on the reporting person's holdings, consult the company's most recent proxy statement.
- Filing timeliness: No late filing flag indicated in the provided data.
Context These entries appear to be administrative/equity-conversion related (the company changed corporate form and ADSs/awards were continued or converted), not a market buy or sale by the director. Because both disposition and grant are at $0 and were effected on the conversion date, the transactions do not represent a cash purchase or monetized sale and should not be read as a straightforward bullish or bearish insider trade.