Hoffmann Philippe 4

What Happened

• Philippe Hoffmann, President, A&T of Constellium SE, had 71,132 performance-based shares vest on March 9, 2026 (recorded as an acquisition at $0.00). On March 10, 2026 he sold 4,728 ordinary shares at $25.87 each for proceeds of $122,313 to satisfy tax withholding obligations.
• The March 9 acquisition reflects vested performance stock units granted March 9, 2023; the subsequent sale was solely to cover taxes, not an investment decision to trim holdings.

Key Details

• Transaction dates and prices:
  • 2026-03-09: Acquired 71,132 shares (performance stock units) at $0.00 (vesting).
  • 2026-03-10: Sold 4,728 shares at $25.87 each for $122,313 (tax withholding).
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnotes:
  • F1: These were performance stock units granted 3/9/2023 that vested 3/9/2026.
  • F2: The 4,728-share sale was made solely to satisfy tax withholding on vesting.
• Timeliness: Filing dated 2026-03-11; transactions occurred 2026-03-09/10 — filing appears timely.

Context

• This was not a cash open-market purchase but the settlement of previously granted performance units (common executive compensation event). The small sale was a routine tax-withholding sale and does not by itself indicate a change in the insider’s view of the company.
• For retail investors: vesting awards increase outstanding shares; tax-withholding sales are common and typically not a signal about company prospects.