Constellium (CSTM) SVP Piquier gains 30,350 shares from vested performance units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONSTELLIUM SE reported that senior vice president for Manufacturing Excellence and CTO Ludovic Piquier acquired 30,350 ordinary shares on March 9, 2026 through an equity award. These shares reflect earned performance stock units granted on March 9, 2023 that vested based on performance conditions. Following this grant, Piquier directly owns 237,244 ordinary shares, highlighting ongoing equity-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Piquier Ludovic
Role
SVP Manuf Excellence & CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary shares | 30,350 | $0.00 | -- |
Holdings After Transaction:
Ordinary shares — 237,244 shares (Direct)
Footnotes (1)
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FAQ
What did Constelium (CSTM) disclose in this Form 4 for Ludovic Piquier?
Constelium disclosed that SVP Manufacturing Excellence and CTO Ludovic Piquier received 30,350 ordinary shares as an equity award. These shares came from performance stock units granted in March 2023 that vested on March 9, 2026 based on performance conditions.
What is Ludovic Piquier’s total Constelium (CSTM) ownership after this Form 4?
After the reported award, Ludovic Piquier directly owns 237,244 Constelium ordinary shares. This total reflects the addition of 30,350 shares from vested performance stock units on March 9, 2026 and represents his direct equity stake reported in this filing.
Was the Constelium (CSTM) Form 4 transaction an open-market purchase or a grant?
The transaction was a grant-related acquisition, not an open-market purchase. Piquier received 30,350 ordinary shares at a stated price of $0.00 per share, reflecting vested performance stock units originally granted on March 9, 2023 under equity compensation.
What are the performance stock units mentioned in the Constelium (CSTM) Form 4?
The performance stock units were an equity award granted on March 9, 2023 that included performance-vesting requirements. Once those conditions were met, the units vested on March 9, 2026 and converted into 30,350 Constelium ordinary shares credited to Ludovic Piquier.