Bonus grant to SCHMID (SHMD) CEO includes tax share withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
SCHMID Group N.V. Chief Executive Officer Christian Mathias Schmid reported a compensation-related share withholding. On May 23, 2026, he received 37,150 Ordinary Shares as bonus compensation for his 2023 management work. On May 28, 2026, the issuer withheld 18,975 Ordinary Shares at $5.8647 per share to cover the related tax obligation, and 18,175 Ordinary Shares were credited to his account and are held directly. This is a non-market, tax-withholding disposition rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schmid Christian Mathias
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 18,975 | $5.8647 | $111K |
Holdings After Transaction:
Ordinary Shares — 18,175 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 18,975 shares
Tax-withholding price: $5.8647 per share
Shares credited: 18,175 shares
+3 more
6 metrics
Tax-withheld shares
18,975 shares
Ordinary Shares withheld to pay tax obligation on bonus
Tax-withholding price
$5.8647 per share
Transaction price per share for withheld Ordinary Shares
Shares credited
18,175 shares
Ordinary Shares credited to CEO’s account after withholding
Bonus shares granted
37,150 shares
Ordinary Shares received as bonus compensation for fiscal 2023
Grant date
May 23, 2026
Date CEO received 37,150 Ordinary Shares as bonus
Withholding date
May 28, 2026
Date shares were withheld and net shares credited
Key Terms
Ordinary Shares, bonus compensation, tax obligation, tax-withholding disposition, +1 more
5 terms
bonus compensation financial
"received 37,150 Ordinary Shares as bonus compensation due to them for their work"
tax obligation financial
"18,975 Ordinary Shares were withheld by the Issuer to pay the tax obligation arising from the receipt"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did SCHMID Group (SHMD) report in this Form 4/A?
SCHMID Group (SHMD) reported that its CEO had shares withheld to cover taxes on a stock bonus. The issuer withheld 18,975 Ordinary Shares and credited 18,175 Ordinary Shares to his account following a 37,150-share bonus grant.