---
schema_version: "secwatch.filing_event.v1"
accession: "0001024305-23-000028"
form_type: "8-K"
ticker: "COTY"
cik: "0001024305"
company_name: "COTY INC."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T15:36:41.942722+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Coty explores Paris dual listing; CEO Nabi gets long-term equity program through 2030

## Summary
- Board authorized exploring dual listing on Euronext Paris alongside NYSE, leveraging Coty's French heritage.
- CEO Sue Y. Nabi granted 10,416,667 RSUs vesting through 2028 and annual PRSU awards totaling up to 10,416,667 shares.
- Total potential CEO equity: up to 20,833,334 shares over seven years; half tied to performance objectives.
- Company entered $200M and $196M forward repurchase contracts at avg $7.99/share to offset dilution.
- Q3 FY2023 earnings to be reported May 9; projected FY23 FCF over $400M, leverage toward 3x exiting CY23.

## SEC filing metadata
- accession: 0001024305-23-000028
- form_type: 8-K
- ticker: COTY
- cik: 0001024305
- company_name: COTY INC.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024305/000102430523000028/0001024305-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024305/000102430523000028/coty-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001024305-23-000028
- JSON: https://secwatch.observer/filing/0001024305-23-000028.json
- Plain text: https://secwatch.observer/filing/0001024305-23-000028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.