Performance award gives Constellium (NYSE: CSTM) executive 8,026 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corre Stephane reported open-market purchase transactions in this Form 4 filing.
Constellium SE President, AS&I Stephane Corre acquired 8,026 ordinary shares of the company. These shares represent earned non-derivative performance stock units that were granted on March 9, 2023 and vested on March 9, 2026. Following this award vesting, Corre directly holds 66,520 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Net Buy
1 txn
Insider
Corre Stephane
Role
President, AS&I
Bought
8,026 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary shares | 8,026 | $0.00 | -- |
Holdings After Transaction:
Ordinary shares — 66,520 shares (Direct)
Footnotes (1)
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FAQ
What did Constellium (CSTM) executive Stephane Corre report on this Form 4?
Stephane Corre reported acquiring 8,026 ordinary shares of Constellium SE. The shares came from performance stock units that were granted in March 2023 and vested in March 2026, increasing his direct holdings to 66,520 shares.
Was the Constellium (CSTM) Form 4 transaction an open-market buy?
The Form 4 uses a purchase code, but the footnote states the 8,026 shares represent earned performance stock units. These units were granted in March 2023 and vested in March 2026, making this a compensation-related share acquisition rather than an open-market purchase.
Does the Constellium (CSTM) Form 4 mention any remaining derivative awards?
The insider data indicates no remaining derivative positions in this filing. The disclosed transaction concerns 8,026 earned performance stock units that converted into ordinary shares, with total direct ownership reported as 66,520 shares after the vesting event.
What role does Stephane Corre hold at Constellium (CSTM)?
Stephane Corre is identified as an officer of Constellium SE with the title President, AS&I. The Form 4 shows his compensation-related acquisition of 8,026 ordinary shares through the vesting of performance stock units granted in March 2023.