Constellium (CSTM) president sells 80,000 ordinary shares in open market
Rhea-AI Filing Summary
Constellium SE executive Philippe Hoffmann, President A&T, reported selling a total of 80,000 ordinary shares in two open-market transactions on March 4, 2026. One sale covered 50,000 shares at a weighted average price of $26.03, and another covered 30,000 shares at a weighted average price of $27.14. After these sales, he directly owned 55,425 ordinary shares.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Constellium (CSTM) report for Philippe Hoffmann?
Constellium reported that Philippe Hoffmann, President A&T, sold a total of 80,000 ordinary shares in open-market transactions. These sales occurred on March 4, 2026, and were disclosed on a Form 4 insider trading report.
How many Constellium (CSTM) shares did Philippe Hoffmann sell and at what prices?
Philippe Hoffmann sold 50,000 ordinary shares at a weighted average price of $26.03 and 30,000 ordinary shares at a weighted average price of $27.14. Both transactions were reported as open-market sales of Constellium SE ordinary shares.
What is Philippe Hoffmann’s remaining Constellium (CSTM) share ownership after the reported sales?
After the reported transactions, Philippe Hoffmann directly owned 55,425 ordinary shares of Constellium SE. This figure reflects his direct holdings following the combined sale of 80,000 ordinary shares on March 4, 2026, as shown in the Form 4 filing.
Were the Constellium (CSTM) insider sales by Philippe Hoffmann single trades or price ranges?
The sales were reported using weighted average prices, indicating multiple trades within price ranges. One set ranged from $25.95 to $26.25, and the other from $27.10 to $27.23, with full trade details available upon request as stated.
What type of transaction code was used in Philippe Hoffmann’s Constellium (CSTM) Form 4?
The Form 4 lists transaction code “S” for both trades, described as a sale in open market or private transaction. The normalized data identify these as open-market sales of Constellium SE ordinary shares by the reporting person.
Does the Constellium (CSTM) Form 4 mention indirect ownership or special entities for these shares?
The transactions are reported as direct ownership of ordinary shares, with no nature-of-ownership footnote describing trusts, LLCs, or other entities. Footnotes instead clarify that the reported prices are weighted averages across multiple trades within specified ranges.