Constellium (CSTM) SVP granted 5,469 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONSTELLIUM SE senior vice president Ludovic Piquier reported an acquisition of 5,469 ordinary shares through a grant of restricted stock units. The units were granted at no cash cost and will vest in full on March 12, 2029, conditioned on his continued employment.
Following this equity award, Piquier directly holds 242,713 ordinary shares. This filing reflects a compensation-related stock grant rather than an open-market purchase or sale, increasing his long-term ownership stake in the company.
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 | 5,469 | $0.00 | -- |
Holdings After Transaction:
Ordinary shares — 242,713 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CONSTELLIUM (CSTM) report for Ludovic Piquier?
CONSTELLIUM reported that SVP Ludovic Piquier received 5,469 ordinary shares through a grant of restricted stock units. The award was made at no cash cost and reflects compensation, not an open-market trade, increasing his equity stake in the company.
Was the CONSTELLIUM (CSTM) insider transaction a market purchase or sale?
The transaction was not a market purchase or sale. Ludovic Piquier received 5,469 shares as a grant of restricted stock units, awarded at a price of $0.00 per share, as part of his compensation rather than through exchange trading.
When do Ludovic Piquier’s CONSTELLIUM (CSTM) restricted stock units vest?
The restricted stock units granted to Ludovic Piquier vest in full on March 12, 2029. Vesting is subject to his continued employment with CONSTELLIUM SE through that date, aligning the equity award with long-term service at the company.
What does transaction code A mean in this CONSTELLIUM (CSTM) Form 4?
Transaction code A on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it represents the award of 5,469 restricted stock units to Ludovic Piquier as compensation, rather than a purchase on the open market.
Is the CONSTELLIUM (CSTM) insider grant contingent on any conditions?
Yes. The restricted stock units granted to Ludovic Piquier vest only if he remains employed by CONSTELLIUM SE through March 12, 2029. This employment condition ties the equity award to his ongoing service at the company over the vesting period.