Constellium (CSTM) SVP gains shares as performance awards vest, small tax sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Constellium SE senior vice president and chief procurement officer Marcus Becker reported the vesting of performance-based stock awards and a small related share sale. On March 9, 2026, previously granted performance stock units vested, delivering 14,592 ordinary shares at no cash purchase price.
On March 10, 2026, Becker disposed of 1,113 ordinary shares solely to satisfy tax withholding obligations triggered by the vesting of restricted stock unit and performance stock unit awards. After these transactions, he directly held 33,237 ordinary shares, reflecting a net increase in his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Net Buy
2 txns
Insider
Becker Marcus
Role
SVP CPO
Bought
14,592 shs ($0.00)
Sold
1,113 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary shares | 1,113 | $25.87 | $29K |
| Purchase | Ordinary shares | 14,592 | $0.00 | -- |
Holdings After Transaction:
Ordinary shares — 33,237 shares (Direct)
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 1,113 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.
FAQ
What insider transactions did CSTM executive Marcus Becker report?
Marcus Becker reported vesting of performance stock units and a related tax sale. 14,592 ordinary shares were delivered on March 9, 2026, and 1,113 shares were sold on March 10, 2026 solely to cover tax withholding obligations from those awards.
Did the CSTM insider sale reflect a change in Marcus Becker’s outlook?
The filing states the 1,113-share sale was solely to satisfy tax withholding obligations. This indicates a mechanical disposition tied to award vesting rather than a discretionary decision to reduce exposure or signal a changed view on Constellium SE’s prospects.
What type of equity awards vested for the CSTM executive on March 9, 2026?
The filing describes earned non-derivative performance stock units granted on March 9, 2023 that contained performance-vesting requirements. These units vested on March 9, 2026, resulting in delivery of ordinary shares of Constellium SE to Marcus Becker without a cash purchase price.