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SCHEDULE 13D/A Filed 2026-05-28 Event 2026-05-26 SEC 0001104659-26-067466 →

Bpifrance Participations SA Constellium SE CSTM

Stake: 6.20% Shares: 8,403,903 CUSIP: F21107101 Class: Ordinary Shares, nominal value EUR0.02 per share

Item 4 — Purpose of Transaction

Item 4 is hereby amended and supplemented as follows: On May 26, 2026, Bpifrance Participations sold 4,190,000 Ordinary Shares by two block trades each at $33.89 per share. All of the Ordinary Shares that are held of record by the Reporting Persons as reported herein were acquired for investment purposes. The Reporting Persons retain the right to change their investment intent, from time to time to acquire additional Ordinary Shares or other securities of the Issuer, or to sell or otherwise dispose of all or part of the Ordinary Shares or other securities of the Issuer, if any, beneficially owned by them, in any manner permitted by law. The Reporting Persons may engage from time to time in ordinary course transactions with financial institutions with respect to the securities described herein. Except as set forth above, none of the Reporting Persons currently has any plans or proposals which would be related to or would result in any of the matters described in Items 4(a)-(j) of the Instructions to Schedule 13D. However, as part of the ongoing evaluation of investment and investment alternatives, the Reporting Persons may consider such matters and, subject to applicable law, may formulate a plan with respect to such matters, and, from time to time, may hold discussions with or make formal proposals to management or the board of directors of the Issuer or other third parties regarding such matters.

Cross-References

Insider Activity (last 365d)
1 transaction
0 buys · 0 sales · 0 awards/exercises
Issuer Cluster
1 13D/G filings on this issuer
0 other filings besides this one
Filer Track Record
24 filings by this filer
23 other filings in the data moat
Short Interest · settle 2026-07-15
DTC 4.09
6,534,145 shares short · +13.9% vs prior

Institutional Consensus · 2025-12-31

Held by elite portfolio managers
1 holder · $6.00M
Point72 Asset Mgmt

Post-Filing Returns · since 2026-05-26 on CSTM

+1 day
-3.7%
+5 days
-1.7%
+30 days
-4.4%
+60 days
-16.4%
+90 days
+180 days

Anchor price 35.28 on closest trading day on/after 2026-05-26. Source: Yahoo Finance daily adj_close (split + dividend adjusted).

Form 4 Insider Transactions · last 365d

DateInsiderRoleTypeSharesPriceValue
2026-07-10 Joerg Ingrid director, officer F 2,984 $29.28 $87K

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Showing 20 of 23

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