Coty officer exercises 4,741 restricted stock units
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Rhea-AI Filing Summary
COTY INC. Chief People & Purpose Officer Priya Srinivasan exercised 4,741 Restricted Stock Units, which converted into the same number of Class A common shares at a stated price of $0.00 per share. To cover income tax obligations on this vesting, 2,347 shares were surrendered back to the company, a tax-withholding step that did not involve any market sale. After these transactions, Srinivasan directly holds 48,786 Class A common shares, reflecting a modest, routine increase in equity ownership through compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,741 | $0.00 | $0.00 |
| Exercise | Class A common stock | 4,741 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A common stock | 2,347 | $0.00 | $0.00 |
Footnotes (2)
- F1. Upon vesting, each Restricted Stock Unit settled for one share of Class A Common Stock of the Issuer.
- F2. Represents shares surrendered to the Issuer in connection with the vesting of restricted stock units to satisfy the income tax withholding and remittance obligations of the Reporting Person at a net settlement price equal to the closing price of Class A Common Stock on the New York Stock Exchange on the trading day prior to the vesting date and does not represent a sale by the Reporting Person.
Key Figures
Key Terms
Restricted Stock Units financial
net settlement price financial
income tax withholding financial
derivative exercise/conversion financial
FAQ
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What insider transaction did COTY (COTY) report for Priya Srinivasan?
What does the M transaction code mean in the COTY (COTY) insider filing?
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