MADAR JEAN 4

What Happened Jean Madar, a reported 10% owner of Inter Parfums (IPAR), sold 20,000 shares on April 2, 2026. The Form 4 lists the transaction as an open‑market or private sale (code S) at $91.02 per share for a reported total value of $1,820,360. This was a sale (a disposition of shares), which is routine insider activity and generally less informative about company prospects than purchases.

Key Details

• Transaction date: 2026-04-02; reported on Form 4 filed 2026-04-03 (timely filing).
• Price and quantity: 20,000 shares at $91.02 per share; reported total $1,820,360.
• Transaction type: Sale (S) — listed as "open market or private sale" on the filing.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/plan info: No 10b5‑1 plan, tax withholding, or other footnotes were provided in the extract.

Context As a 10% owner, Jean Madar is a substantial shareholder rather than a routine rank‑and‑file employee; such sales can reflect personal liquidity needs or portfolio management rather than company‑specific insight. Retail investors should note sales are common and do not by themselves indicate a change in company fundamentals; purchases typically carry more weight when assessing insider sentiment.