Criteo S.A.·4

Mar 3, 4:05 PM ET

Glickman Sarah JS 4

Research Summary

AI-generated summary

Updated

Criteo (CRTO) CFO Sarah Glickman Sells Shares

What Happened

  • Sarah Glickman, Chief Financial Officer of Criteo S.A., sold a total of 20,247 ordinary shares (may be represented by ADSs) in two open-market transactions to satisfy tax-withholding obligations. The sales were: 18,304 shares on 2026-03-02 at $17.99 each ($329,289) and 1,943 shares on 2026-03-03 at $18.48 each ($35,907). Total proceeds were about $365,196.

Key Details

  • Transaction dates & prices:
    • 2026-03-02: 18,304 shares @ $17.99 = $329,289
    • 2026-03-03: 1,943 shares @ $18.48 = $35,907
  • Transaction type: Sales (code S) — open market/private sale.
  • Reason: Footnote indicates these shares were automatically sold to fund tax withholding arising from settlement of a previously reported award (tax-withholding sale).
  • ADS note: Ordinary Shares may be represented by American Depositary Shares (each currently represents one Ordinary Share).
  • Shares owned after transaction: Not stated in the excerpt; see the issuer’s most recent definitive proxy statement for current holdings (per filing footnote).
  • Timeliness: Report filed 2026-03-03 for transactions through 2026-03-02/03; appears timely (Form 4s are generally due within two business days).

Context

  • These sales were automatic tax-withholding dispositions tied to equity award settlement (routine administrative action), which are generally not viewed the same as discretionary insider selling. Purchases or new grants tend to be more informative about insider sentiment.