Director/PDMR Shareholding

Rhea-AI Summary

Octave Intelligence (Nasdaq: OCTV) reported transactions by three persons discharging managerial responsibilities involving conversions of Swedish depository receipts (Octave SDRs) into class B ordinary shares (Octave Shares) on a 1:1 basis.

CEO and Board Member Mattias Stenberg converted 16,817 SDRs, Chief Legal Officer and Corporate Secretary Anthony Zana converted 2,277 SDRs, and Chief Operating Officer Michael Scott Moore converted 15,000 SDRs. According to Octave, the SDRs were converted outside a trading venue on 9 July 2026, with Octave Shares received the same day. The SDRs are issued by Skandinaviska Enskilda Banken and listed on Nasdaq Stockholm under ticker OCTV SDB, while Octave Shares trade on the Nasdaq Stock Market in New York under ticker OCTV.

News Market Reaction – OCTV

-1.00%

-1.00% News Effect

On the day this news was published, OCTV declined 1.00%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Viewed against Octave’s recent pattern of small positive moves after prior PDMR disclosures and a pa...

Analysis

Viewed against Octave’s recent pattern of small positive moves after prior PDMR disclosures and a partnership renewal, plus data showing relatively low short positioning, this latest PDMR share conversion notice mainly adds governance transparency, while future insider dealings remain a key watchpoint.

Key Figures

Conversion ratio: 1:1 Converted shares: 16,817 Octave shares Converted shares: 2,277 Octave shares +1 more

4 metrics

Conversion ratio 1:1 Conversion of Octave SDRs into Octave Shares

Converted shares 16,817 Octave shares SDR-to-share conversion for Mattias Stenberg

Converted shares 2,277 Octave shares SDR-to-share conversion for Anthony Zana

Converted shares 15,000 Octave shares SDR-to-share conversion for Michael Scott Moore

Historical Context

5 past events · Latest: Jul 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 09	partnership renewal	Positive	+1.8%	Five-year Veolia partnership renewal expanding global use of Octave technologies.
Jun 18	PDMR share purchase	Positive	+0.4%	Senior managers reported open-market purchases of Octave class B ordinary shares.
Jun 15	PDMR share purchase	Positive	+2.3%	CEO and COO disclosed additional open-market purchases of Octave class B shares.
Jun 09	PDMR share purchase	Positive	+0.6%	Multiple senior executives acquired sizeable blocks of Octave class B shares.
Jun 04	10-Q filing	Neutral	+1.2%	Quarterly Form 10-Q filed covering operations prior to Octave’s stock-market listing.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Octave headlines, including prior PDMR share dealings and a major partnership renewal, have typically been followed by small positive next-day moves.

Key Terms

persons discharging managerial responsibilities, market abuse regulation, lei, isin code

4 terms

persons discharging managerial responsibilities regulatory

"Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated"

Persons Discharging Managerial Responsibilities are the key people in a company who make big decisions, like top managers or executives. Knowing who they are is important because their actions can influence the company’s success or failure, and they are often required to share information about their dealings to ensure transparency for investors and the public.

market abuse regulation regulatory

"disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 ... on market abuse (Market Abuse Regulation)"

Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.

lei regulatory

"Name | Octave Intelligence plc (“Octave”) b) | LEI | 254900BNJKBGSU9LON27"

A Legal Entity Identifier (LEI) is a unique 20-character code assigned to a company or organization that participates in financial markets, like a corporate passport number. It helps investors and regulators unambiguously identify counterparties across databases and transactions, reducing confusion much like using a vehicle identification number to track a car’s history; clearer identification improves transparency, risk monitoring, and regulatory reporting.

View in glossary

isin code technical

"Octave Swedish depository receipts ("Octave SDRs") with ISIN code SE0028329433."

An ISIN code is a unique identifier for a specific financial asset, like a stock or bond, similar to a product's barcode. It helps investors, traders, and banks quickly and accurately find and track that asset across different markets worldwide. This makes buying, selling, and managing investments more organized and reliable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)] 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mattias Stenberg
2	Reason for the notification
a)	Position/status	CEO / Board Member
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Octave Intelligence plc (“Octave”)
b)	LEI	254900BNJKBGSU9LON27
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Octave Swedish depository receipts ("Octave SDRs") with ISIN code SE0028329433.  Octave class B ordinary shares (“Octave Shares”) with ISIN code IE0003YHD8K8.
b)	Nature of the transaction	Conversion of Octave SDRs into Octave Shares on a 1:1 basis.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			NOAP	16,817 Octave shares.
d)	Aggregated information — Aggregated volume — Price	N/A
e)	Date of the transaction	2026-07-09 The Octave SDRs were converted into Octave Shares, with the Octave Shares being received by the PDMR on 09 July 2026.
f)	Place of the transaction	Outside a trading venue
g)	Additional Information	Octave SDRs are issued by Skandinaviska Enskilda Banken AB (publ) and are listed on Nasdaq Stockholm under the ticker symbol "OCTV SDB" with the ISIN code SE0028329433. Octave Shares are listed on the Nasdaq Stock Market in New York under the ticker symbol "OCTV" with the ISIN code IE0003YHD8K8.

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)] 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Anthony Zana
2	Reason for the notification
a)	Position/status	Chief Legal Officer and Corporate Secretary
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Octave Intelligence plc (“Octave”)
b)	LEI	254900BNJKBGSU9LON27
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Octave Swedish depository receipts ("Octave SDRs") with ISIN code SE0028329433.  Octave class B ordinary shares (“Octave Shares”) with ISIN code IE0003YHD8K8.
b)	Nature of the transaction	Conversion of Octave SDRs into Octave Shares on a 1:1 basis.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			NOAP	2,277 Octave shares.
d)	Aggregated information — Aggregated volume — Price	N/A
e)	Date of the transaction	2026-07-09 The Octave SDRs were converted into Octave Shares, with the Octave Shares being received by the PDMR on 09 July 2026.
f)	Place of the transaction	Outside a trading venue
g)	Additional Information	Octave SDRs are issued by Skandinaviska Enskilda Banken AB (publ) and are listed on Nasdaq Stockholm under the ticker symbol "OCTV SDB" with the ISIN code SE0028329433. Octave Shares are listed on the Nasdaq Stock Market in New York under the ticker symbol "OCTV" with the ISIN code IE0003YHD8K8.

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)] 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Scott Moore
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Octave Intelligence plc (“Octave”)
b)	LEI	254900BNJKBGSU9LON27
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Octave Swedish depository receipts ("Octave SDRs") with ISIN code SE0028329433.  Octave class B ordinary shares (“Octave Shares”) with ISIN code IE0003YHD8K8.
b)	Nature of the transaction	Conversion of Octave SDRs into Octave Shares on a 1:1 basis.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			NOAP	15,000 Octave shares.
d)	Aggregated information — Aggregated volume — Price	N/A
e)	Date of the transaction	2026-07-09 The Octave SDRs were converted into Octave Shares, with the Octave Shares being received by the PDMR on 09 July 2026.
f)	Place of the transaction	Outside a trading venue
g)	Additional Information	Octave SDRs are issued by Skandinaviska Enskilda Banken AB (publ) and are listed on Nasdaq Stockholm under the ticker symbol "OCTV SDB" with the ISIN code SE0028329433. Octave Shares are listed on the Nasdaq Stock Market in New York under the ticker symbol "OCTV" with the ISIN code IE0003YHD8K8.

FAQ

What insider transactions did Octave Intelligence (OCTV) report on 9 July 2026?

Octave reported conversions of Swedish depository receipts into class B shares by three senior executives on 9 July 2026. According to Octave, these were 1:1 SDR-to-share conversions conducted outside a trading venue, with new Octave Shares received the same day.

How many Octave Intelligence (OCTV) shares did CEO Mattias Stenberg acquire in the July 2026 conversion?

CEO and Board Member Mattias Stenberg received 16,817 Octave Shares through conversion of Swedish depository receipts. According to Octave, the SDRs were exchanged on a 1:1 basis for class B ordinary shares on 9 July 2026 outside a trading venue.

Which Octave (OCTV) executives converted Swedish depository receipts to shares in July 2026?

Three executives converted Octave SDRs: CEO and Board Member Mattias Stenberg, Chief Legal Officer and Corporate Secretary Anthony Zana, and Chief Operating Officer Michael Scott Moore. According to Octave, all conversions occurred on 9 July 2026 on a 1:1 SDR-to-share basis.

How many Octave (OCTV) shares did Anthony Zana and Michael Scott Moore receive in the SDR conversions?

Anthony Zana received 2,277 Octave Shares and Michael Scott Moore received 15,000 Octave Shares via SDR conversions. According to Octave, each Swedish depository receipt converted into one class B share on 9 July 2026 outside a trading venue.

On which exchanges are Octave (OCTV) shares and Swedish depository receipts listed?

Octave class B shares are listed on the Nasdaq Stock Market in New York under ticker OCTV. According to Octave, its Swedish depository receipts are issued by Skandinaviska Enskilda Banken and listed on Nasdaq Stockholm under ticker OCTV SDB.

Was a price disclosed for the Octave (OCTV) insider SDR-to-share conversions on 9 July 2026?

No transaction price was disclosed; the filings show “NOAP” for price and only report share volumes. According to Octave, the transactions were pure conversions of Swedish depository receipts into class B shares on a 1:1 basis outside a trading venue.