Constellium (NYSE: CSTM) SVP Jurkovic gets 59,276 shares, sells 29,900 for taxes
Rhea-AI Filing Summary
Constellium SE senior executive Philip Ryan Jurkovic reported compensation-related share activity. On March 9, 2026, he acquired 59,276 ordinary shares of Constellium through earned performance stock units granted on March 9, 2023 that vested on that date.
On March 10, 2026, he sold 29,900 ordinary shares at $25.87 per share solely to satisfy tax withholding obligations triggered by the vesting of restricted stock unit and performance stock unit awards. After these transactions, he directly owned 210,723 ordinary shares, indicating a largely retained equity position.
Positive
- None.
Negative
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Insights
Routine equity grant vesting with tax-driven share sale; net position remains large.
The transactions reflect standard executive equity compensation mechanics at Constellium SE. Jurkovic received 59,276 ordinary shares from performance stock units that vested on March 9, 2026, with no cash paid per share, consistent with stock-based awards.
The subsequent sale of 29,900 shares at $25.87 on March 10, 2026 is explicitly described as solely to cover tax withholding obligations upon vesting. This is economically different from a discretionary open-market sale and carries limited signaling value about his outlook.
Following these moves, he directly holds 210,723 ordinary shares, suggesting he retained the majority of the vested shares. With no remaining derivative positions listed, future disclosures in company filings may provide additional context on any new awards or changes to his equity stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares | 29,900 | $25.87 | $774K |
| Grant/Award | Ordinary shares | 59,276 | $0.00 | -- |
Footnotes (1)
- Represents earned non-derivative performance stock units of Constellium SE (the "Issuer") granted on March 9, 2023 that contained performance-vesting requirements, which vested on March 9, 2026. The Reporting Person sold 29,900 ordinary shares of the Issuer upon the vesting of restricted stock unit and performance stock unit awards previously granted on March 9, 2023, solely to satisfy tax withholding obligations incurred upon vesting.