Constellium (CSTM) AS&I president receives 7,293-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corre Stephane reported acquisition or exercise transactions in this Form 4 filing.
Constellium SE reported that executive Stephane Corre, President of Automotive Structures & Industry, received a grant of 7,293 ordinary shares in the form of restricted stock units at no cash cost. These units vest in full on March 12, 2029, contingent on his continued employment. Following this equity award, Corre directly holds 72,313 ordinary shares of Constellium, aligning a portion of his compensation with the company’s long-term share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Corre Stephane
Role
President, AS&I
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary shares | 7,293 | $0.00 | -- |
Holdings After Transaction:
Ordinary shares — 72,313 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Constellium (CSTM) report for Stephane Corre?
Constellium reported that executive Stephane Corre received 7,293 ordinary shares through a restricted stock unit grant. The award was recorded at a price of $0.00 per share, reflecting compensation rather than a market purchase.
What are the vesting terms of Stephane Corre’s Constellium (CSTM) restricted stock units?
The 7,293 restricted stock units granted to Stephane Corre vest in full on March 12, 2029. Vesting is expressly conditioned on his continued employment with Constellium through that date, reinforcing long-term retention incentives.
What role does Stephane Corre hold at Constellium (CSTM) in this Form 4?
Stephane Corre is identified as an officer of Constellium, serving as President, Automotive Structures & Industry (AS&I). The reported equity grant further links his compensation to the company’s long-term ordinary share performance.