Criteo (NASDAQ: CRTO) CFO lines up share sale to cover taxes
Criteo CFO Connor McGogney filed a Rule 144 notice for a 758-share sale to cover tax withholding from restricted stock unit vesting on March 1, 2024, at an indicative price of $17.5004 per share. The filing also lists prior share sales by McGogney over the past three months.
How this was made
The 30-second read
Why it matters
The disclosed sale is routine and unlikely to move the stock significantly.
Market read
Provides transparency on insider activity; limited trading relevance.
What to watch
Potential future insider sales if more RSUs vest.
Background
Rule 144 filings disclose planned insider sales to comply with tax obligations.
Ticker impact
Criteo CFO filed a Rule 144 notice to sell 758 shares at $17.5004 to cover tax withholding.
minimal downward pressure
Small number of shares relative to float; sale is routine tax withholding.
Market effects
None
None
None
Counterpoint
The sale may signal CFO confidence in the stock.
Key entities
- CompanyCriteo S.A.
Ad tech firm listed on NASDAQ (CRTO).
- ExecutiveConnor McGogney
Chief Financial Officer of Criteo.