Director at Codere Online (NASDAQ: CDRO) reports sizable share and option holdings

Rhea-AI Filing Summary

Codere Online Luxembourg, S.A. director Oscar Iglesias Sanchez filed an initial Form 3 reporting his equity holdings. He directly holds 124,111 Ordinary Shares and vested options over 100,800 Ordinary Shares with a $10.0000 exercise price, expiring on December 31, 2027. The options were granted under the company’s prior long-term incentive plan, and the filing does not show any new share purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Iglesias Sanchez Oscar

(Last) (First) (Middle)

7 RUE ROBERT STUMPER

(Street)

LUXEMBOURG L-2557

(City) (State) (Zip)

LUXEMBOURG

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Codere Online Luxembourg, S.A. [ CDRO ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	124,111	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Ordinary Share Option (right to buy)	(1)	12/31/2027	Ordinary Shares	100,800	$10	D

Explanation of Responses:

1. Represents options granted under the Company's prior long-term incentive plan, all of which are vested.

Remarks:

See Exhibit 24 - Power of Attorney.

	/s/ Yaiza Maria Rodriguez Robles, attorney-in-fact	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Codere Online (CDRO) Form 3 filing by Oscar Iglesias Sanchez report?

The Form 3 shows director Oscar Iglesias Sanchez’s initial equity holdings in Codere Online. It lists his direct ownership of 124,111 Ordinary Shares and fully vested options over 100,800 Ordinary Shares under the company’s prior long-term incentive plan.

How many Codere Online (CDRO) ordinary shares does Oscar Iglesias Sanchez hold directly?

Oscar Iglesias Sanchez directly holds 124,111 Codere Online Ordinary Shares according to the Form 3. These are recorded as direct ownership, separate from his stock options, and reflect his current equity stake in the company’s common equity as reported in the filing.

What stock options in Codere Online (CDRO) does Oscar Iglesias Sanchez report on Form 3?

He reports an option over 100,800 Ordinary Shares of Codere Online. The options were granted under the company’s prior long-term incentive plan, are fully vested, carry a $10.0000 exercise price, and expire on December 31, 2027.

Does the Codere Online (CDRO) Form 3 show any recent buying or selling by Oscar Iglesias Sanchez?

No, the Form 3 lists holdings only and shows no buy or sell transactions. It records his current ownership of shares and fully vested options, rather than reporting new market trades or changes in his position.

What is the significance of the vested options reported by Oscar Iglesias Sanchez in Codere Online (CDRO)?

The filing states his options were granted under a prior long-term incentive plan and are fully vested. This means he can exercise up to 100,800 options at $10.0000 per share before they expire on December 31, 2027.