Codere Online (CDRO) CEO details share and option holdings
Rhea-AI Filing Summary
Codere Online Luxembourg, S.A. Chief Executive Officer Sher Aviv filed an initial ownership report showing a mix of ordinary shares, restricted share units and stock options. Aviv holds 44,732 Ordinary Shares, including 8,948 shares underlying restricted share units that will vest on December 31, 2026.
Aviv also holds options over 87,333 Ordinary Shares at an exercise price of $10.0000 expiring on December 31, 2027, and additional option grants over 100,000, 85,000 and 85,000 Ordinary Shares at exercise prices of $8.4900 and $8.0300, expiring between 2034 and 2036. Footnotes explain that portions of these options have already vested, with the remaining awards vesting in annual installments from December 31, 2026 through December 31, 2030.
Positive
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Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Sher Aviv
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Share Option (right to buy) — 357,333 shares (Direct);
Ordinary Shares — 44,732 shares (Direct)
Footnotes (5)
- F1. Includes 8,948 ordinary shares underlying restricted share units that will vest on December 31, 2026.
- F2. Represents options granted under the Company's prior long-term incentive plan, of which 69,864 have vested. The remaining 17,469 unvested options vest on December 31, 2026.
- F3. Represents options granted under the Company's long-term incentive plan ("LTIP"), of which 50,000 have vested. The remaining 50,000 unvested options vest in two equal annual installments on December 31, 2027 and December 31, 2028.
- F4. Represents options granted under the LTIP, of which 21,250 have vested. The remaining 63,750 unvested options vest in three equal annual installments on December 31, 2027, December 31, 2028 and December 31, 2029.
- F5. Represents options granted under the LTIP. These options vest in four equal annual installments on December 31, 2027, December 31, 2028, December 31, 2029 and December 31, 2030.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Sher Aviv’s Form 3 filing for Codere Online (CDRO) show?
The Form 3 shows Sher Aviv’s initial ownership in Codere Online, including 44,732 Ordinary Shares, restricted share units vesting in 2026, and several stock option grants with exercise prices between $8.03 and $10 expiring from 2027 to 2036.
What stock options does Sher Aviv hold in Codere Online (CDRO)?
Sher Aviv holds multiple option grants over Ordinary Shares. These include 87,333 shares at a $10.00 exercise price expiring December 31, 2027, plus additional grants at $8.49 and $8.03 per share with expirations stretching from January 1, 2034 through January 1, 2036.
How are Sher Aviv’s Codere Online (CDRO) options scheduled to vest?
The options vest over several years. One grant has 17,469 unvested options vesting on December 31, 2026, while others vest in equal annual installments on December 31 of 2027, 2028, 2029 and 2030, spreading Aviv’s potential share acquisition over time.
What are the exercise prices on Sher Aviv’s Codere Online (CDRO) options?
Sher Aviv’s options carry exercise prices of $10.0000, $8.4900 and $8.0300 per Ordinary Share. These fixed prices define the cost to convert options into shares before their respective expirations in 2027, 2034, 2035 and 2036, subject to each grant’s vesting schedule.
Does Sher Aviv hold unvested equity awards in Codere Online (CDRO)?
Yes. Footnotes show unvested restricted share units and unvested options. For example, 8,948 RSU-based shares vest on December 31, 2026, while several option grants have remaining unvested portions vesting annually between December 31, 2026 and December 31, 2030 under Codere Online’s long-term incentive plans.