Coty (NYSE: COTY) officer gains shares as 4,741 RSUs vest, 2,347 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,741 shares exercised/converted
Mixed
3 txns
Insider
Srinivasan Priya
Role
Chief People & Purpose Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,741 | $0.00 | -- |
| Exercise | Class A common stock | 4,741 | $0.00 | -- |
| Tax Withholding | Class A common stock | 2,347 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 176,700 shares (Direct);
Class A common stock — 51,133 shares (Direct)
Footnotes (1)
- Upon vesting, each Restricted Stock Unit settled for one share of Class A Common Stock of the Issuer. 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
RSUs exercised: 4,741 units
Shares withheld for taxes: 2,347 shares
Direct common shares after transaction: 48,786 shares
+1 more
4 metrics
RSUs exercised
4,741 units
Restricted Stock Units vesting into Class A common stock on April 4, 2026
Shares withheld for taxes
2,347 shares
Shares surrendered to issuer to satisfy income tax withholding
Direct common shares after transaction
48,786 shares
Priya Srinivasan’s direct Class A common stock holdings following Form 4 transactions
Price per share on RSU exercise
$0.00/share
Stated transaction and conversion price for RSU settlement into common shares
Key Terms
Restricted Stock Units, net settlement price, income tax withholding, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"Upon vesting, each Restricted Stock Unit settled for one share of Class A Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement price financial
"to satisfy the income tax withholding and remittance obligations ... at a net settlement price equal to the closing price"
income tax withholding financial
"Represents shares surrendered to the Issuer ... to satisfy the income tax withholding and remittance obligations"
derivative exercise/conversion financial
"transaction_action":"derivative exercise/conversion""
FAQ
What insider transaction did COTY (COTY) report for Priya Srinivasan?
Coty reported that Chief People & Purpose Officer Priya Srinivasan exercised 4,741 Restricted Stock Units, receiving the same number of Class A common shares. The transaction reflects routine equity compensation vesting rather than an open-market share purchase or sale.
What does the M transaction code mean in the COTY (COTY) insider filing?
The M transaction code indicates an exercise or conversion of a derivative security. Here, it reflects vesting of Restricted Stock Units that settled into 4,741 Class A common shares for Priya Srinivasan, rather than a market purchase.