COTY Insider Purchase: 29,400 Shares Added by Chief Legal Officer
Rhea-AI Filing Summary
Kristin Blazewicz, Chief Legal Officer of Coty Inc. (COTY), reported a purchase of 29,400 shares of Class A common stock on 09/03/2025 at a weighted-average price of $4.3038 per share. After the purchase her direct beneficial ownership is reported as 829,142 shares. The filing notes the reported price is a weighted average from multiple transactions executed between $4.30 and $4.31 and was signed by an attorney-in-fact.
Positive
- Non-derivative purchase: 29,400 Class A shares were acquired, indicating an increase in direct holdings.
- Post-transaction ownership disclosed: Direct beneficial ownership reported as 829,142 shares.
- Clear pricing disclosure: Weighted-average price provided and trades occurred in a narrow $4.30–$4.31 range.
- No derivative activity: Table II reports no derivative securities transactions.
Negative
- None.
Insights
TL;DR: Insider purchase of 29,400 COTY shares at ~$4.30 increases direct holdings to 829,142 shares; transaction is non-derivative and routine.
This Form 4 documents a straightforward open-market acquisition by an officer rather than a derivative exercise or disposition. The weighted-average price disclosure indicates multiple executions in a narrow price range. The filing provides clear post-transaction ownership and contains the customary footnote about per-trade pricing details; there are no disclosed sales, option exercises, or other complex instruments.
TL;DR: Officer-level insider reported a small direct buy; filing is procedural and does not show governance changes.
The report identifies the reporting person as an officer and director-level individual (Chief Legal Officer) and shows a direct increase in holdings. The transaction was executed via multiple trades and documented with an attorney-in-fact signature. There is no indication of any change in role, planned trading program, or joint filing that would alter governance or control structures.