COTY (COTY) director Gogi Aalia Nighat receives 7,142 RSU equity award
Rhea-AI Filing Summary
Gogi Aalia Nighat reported acquisition or exercise transactions in this Form 4 filing.
COTY INC. director Gogi Aalia Nighat received a grant of 7,142 Restricted Stock Units as equity compensation. These RSUs represent a right to receive 7,142 shares of Class A common stock in the future.
According to the footnote, each unit will settle into one share of Class A common stock upon vesting. All 7,142 units are scheduled to vest on March 18, 2031, subject to specified vesting conditions and exceptions. Following this award, the filing shows Nighat directly holding 7,142 RSUs, with no additional derivative positions disclosed in this report.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant with long-dated vesting, no open-market buying or selling.
The filing shows Gogi Aalia Nighat, a director of COTY INC., receiving 7,142 Restricted Stock Units at a price of $0.00 per unit. This is a non-cash equity award, typical for board compensation, and not an open-market transaction.
Each RSU converts into one share of Class A common stock, vesting on March 18, 2031, subject to vesting conditions and exceptions. The long vesting horizon is designed to align the director’s interests with longer-term company performance.
After this grant, the report shows 7,142 RSUs held directly and no remaining derivative positions listed. As a standard compensation grant without share purchases or sales, this event is generally viewed as administratively neutral rather than a trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,142 | $0.00 | -- |
Footnotes (1)
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