Paul DUBRULE

Paul DUBRULE (chief executive) discloses dealings in Accor to AMF. We count 32 filings; the first trade dates from 26 November 2021 and the latest from 29 June 2026.

In open-market terms, that means 9 purchases worth €3.4M on one side and 23 sales worth €10.6M on the other. Sales outweigh purchases by €7.1M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. In 2026 alone, the filings show 1 purchase and 2 sales.

In size, the median ticket on the buying side is €406k. Of 9 purchases, 2 formed part of a group of insiders buying within 30 days of each other. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. For 9 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 89% of cases, with a median move of +6.4%. Past outcomes like these are no guarantee of what comes next.

The latest filing, published on 1 July 2026, reports an open-market sale of €500k in Accor. The latest purchase dates back some time: it was published 208 days ago, on 23 March 2026. Filings reach the AMF feed a median of 3 days after the trade. For comparison, MAR article 19 gives managers three business days to notify a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. This summary is built from AMF disclosures alone and does not predict where the share price will go.