Opera director gains 4,079 ADSs in RSU vesting

Opera Ltd (OPRA) reported that director Trond Riiber Knudsen acquired 4,079 American Depositary Shares (ADSs) on 2026-08-30 through the vesting of previously granted RSUs that had been subject to a discretionary cancellation option.

Rhea-AI Filing Summary

Opera Ltd (OPRA) reported that director Trond Riiber Knudsen acquired 4,079 American Depositary Shares (ADSs) on 2026-08-30 through the vesting of previously granted RSUs that had been subject to a discretionary cancellation option. Each ADS represents one ordinary share of Opera Ltd. Following this grant/award acquisition, the director holds 5,329 ADSs in direct ownership. Opera notes it is a foreign private issuer and states that, under applicable Exchange Act rules, the reporting person is exempt from the short-swing profit recovery provisions of Section 16(b).

Insider Trade Summary

Grant/Award: 4,079 shares

Grant/Award 1 txn

Insider Riiber Knudsen Trond

Role Director

Type	Security	Shares	Price	Value
Grant/Award	American Depositary Shares F1, F2	4,079	$0.00	$0.00

Holdings After Transaction: American Depositary Shares — 5,329 shares (Direct)

Footnotes (2)

1. F1. Each American Depositary Share ("ADS") represents one Ordinary Share of the Issuer.
2. F2. Represents ADSs acquired upon the vesting of RSUs previously subject to a discretionary cancellation option.

Key Figures

ADSs acquired: 4,079 ADSs Total ADSs following transaction: 5,329 ADSs Transaction price per ADS: $0.0000 +1 more

4 metrics

ADSs acquired 4,079 ADSs Grant, award, or other acquisition on 2026-08-30 via RSU vesting

Total ADSs following transaction 5,329 ADSs Director’s direct holdings after the 2026-08-30 acquisition

Transaction price per ADS $0.0000 RSU vesting treated as acquisition with no cash price per share

ADS-to-ordinary-share ratio 1 ADS = 1 ordinary share Each American Depositary Share represents one Ordinary Share of Opera Ltd

Key Terms

American Depositary Shares, Restricted Stock Units, foreign private issuer, short-swing profit recovery provisions, +1 more

5 terms

American Depositary Shares financial

"Each American Depositary Share ("ADS") represents one Ordinary Share"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Restricted Stock Units financial

"acquired upon the vesting of RSUs previously subject to a discretionary"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

foreign private issuer regulatory

"The Issuer is a foreign private issuer as defined under Rule 3b-4"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

short-swing profit recovery provisions regulatory

"exempt from the short-swing profit recovery provisions of Section 16(b)"

Section 16(b) regulatory

"exempt from the short-swing profit recovery provisions of Section 16(b)"

A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.

FAQ

What insider transaction did Opera Ltd (OPRA) report in this Form 4?

Opera Ltd reported that director Trond Riiber Knudsen acquired 4,079 ADSs on 2026-08-30 through the vesting of previously granted RSUs classified as a grant, award, or other acquisition.

How many Opera Ltd (OPRA) shares does the director hold after this Form 4 transaction?

After the reported RSU vesting, director Trond Riiber Knudsen holds a total of 5,329 American Depositary Shares of Opera Ltd in direct ownership.

What is the relationship between Opera Ltd (OPRA) ADSs and ordinary shares?

Each American Depositary Share (ADS) of Opera Ltd represents one ordinary share of the company, according to the Form 4 footnote.

Was the Opera Ltd (OPRA) Form 4 transaction executed under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 checkbox is not marked as being pursuant to a trading plan, and the Form 4 does not state that the 4,079 ADS acquisition occurred under a Rule 10b5-1 plan.

Why does Section 16(b) short-swing profit recovery not apply to this Opera Ltd (OPRA) insider?

Opera Ltd states it is a foreign private issuer under Exchange Act Rule 3b-4 and that, under Rule 3a12-3(b), the reporting person is exempt from Section 16(b) short-swing profit recovery provisions.

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

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Available on EDGAR 08/31/2026 - 04:04 PM Accepted by SEC EDGAR 08/31/2026 - 04:02 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Riiber Knudsen Trond

(Last) (First) (Middle)

C/O OPERA LTD

P.O. BOX 4214 NYDALEN

(Street)

OSLO 0401

(City) (State) (Zip)

NORWAY

(Country)

2. Issuer Name and Ticker or Trading Symbol
Opera Ltd [ OPRA ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/30/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
American Depositary Shares(1)	08/30/2026		A(2)		4,079	A	$0	5,329	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each American Depositary Share ("ADS") represents one Ordinary Share of the Issuer.

2. Represents ADSs acquired upon the vesting of RSUs previously subject to a discretionary cancellation option.

Remarks:

The Issuer is a foreign private issuer as defined under Rule 3b-4 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). In accordance with Rule 3a12-3(b) under the Exchange Act, the Reporting Person is exempt from the short-swing profit recovery provisions of Section 16(b) of the Exchange Act.

	/s/ Aaron McParlan, attorney-in-fact for Trond Riiber Knudsen	08/31/2026
	** 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 4 (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 4: SEC 1474 (03-26)