Criteo director logs offsetting share transfer and award
Criteo S.A. director Ernst Teunissen reported a same-day disposition to the issuer and compensatory acquisition of 12,471 Ordinary Shares on July 29, 2026, both at a stated price of 0.0000 per share.
Rhea-AI Filing Summary
Criteo S.A. director Ernst Teunissen reported a same-day disposition to the issuer and compensatory acquisition of 12,471 Ordinary Shares on July 29, 2026, both at a stated price of 0.0000 per share. These entries relate to Criteo’s conversion from a French to a Luxembourg public limited liability company, in which each Ordinary Share and ADS continued as one Ordinary Share and existing equity awards continued on equivalent terms. A footnote also corrects his previously reported beneficial holdings upward by 3 shares due to a rounding error. The Rule 10b5-1 trading-plan checkbox was not marked.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Ordinary Shares F1, F2 | 12,471 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares F2, F3, F4 | 12,471 | $0.00 | $0.00 |
Footnotes (4)
- F1. Prior to the completion of the Conversion (as defined below), the Ordinary Shares may have been represented by American Depositary Shares ("ADSs"), each of which represents one Ordinary Share and were mandatorily exchanged for one Ordinary Share per each ADS in connection with the Conversion.
- F2. On July 29, 2026, as previously approved by the Issuer's shareholders, the Issuer completed its conversion (the "Conversion") from a French public limited liability company ("French Criteo") to a Luxembourg public limited liability company ("Lux Criteo"). Upon the Conversion, (i) each Ordinary Share of French Criteo, including shares represented by ADSs, continued as one Ordinary Share of Lux Criteo, (ii) each time-based restricted stock unit and performance-based restricted stock unit of French Criteo continued as a time-based restricted stock unit and performance-based restricted stock unit, respectively, of Lux Criteo and (iii) each option or warrant to obtain shares of French Criteo continued as an option or warrant to obtain an equal number of shares of Lux Criteo, respectively. All rights attached to such awards remain unchanged after the Conversion, except the right to receive shares of French Criteo under these instruments became the right to receive shares of Lux Criteo.
- F3. For more information about the equity of the Issuer held by the Reporting Person, please see the Issuer's most recent definitive proxy statement filed with the Securities and Exchange Commission.
- F4. The number of securities beneficially owned following the previously reported transaction was inadvertently understated by three shares due to a rounding error. This filing corrects the beneficial ownership amount to reflect the Reporting Person's actual holdings.
Key Figures
Key Terms
Disposition to issuer financial
time-based restricted stock unit financial
performance-based restricted stock unit financial
beneficially owned financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What corporate conversion involving Criteo S.A. (CRTO) is referenced in the insider report?
How were Criteo (CRTO) ADSs and equity awards treated in the French-to-Luxembourg conversion?
What rounding correction to beneficial ownership was disclosed for Criteo S.A. (CRTO)?
Were Criteo (CRTO) director Ernst Teunissen’s reported transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.