SCHMID Group (SHMD) director details 4.6M shares and warrant rights
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
SCHMID Group N.V. director and more-than-10% owner Anette Schmid has amended her initial ownership report. The filing updates how jointly held shares were allocated in a prior Form 3, particularly the number of ordinary shares listed.
The amendment states she holds 4,596,000 ordinary shares as an heir in the Community of Heirs of Dieter C. Schmid, representing 30.8% of that community’s total 14,937,000 ordinary shares, which she beneficially owns. She also directly holds 1,000,000 Private Warrants exercisable at $11.50 per share, and is contractually entitled to receive an additional 1,000,000 Private Warrants. Separately, she has a contractual right to 2,500,000 restricted earn-out shares that vest only if share-price thresholds of $15 and $18 are met for specified trading periods by April 30, 2027, and she currently has no voting, distribution, or disposal rights over these unvested earn-out shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Schmid Anette
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Private Warrants | -- | -- | -- |
| holding | Private Warrants | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Private Warrants — 1,000,000 shares (Direct, null);
Ordinary Shares — 6,894,000 shares (Direct, null)
Footnotes (1)
- The Reporting Person also has a contractual right to 2,500,000 earn-out shares, which are not included in this total. The earn-out shares were issued in the Reporting Persons name but remain restricted and will not vest until and if the earn-out thresholds stipulated under the Earn-Out Agreement are reached by April 30, 2027. These thresholds are set at a share price of $15 and $18 reached for 20 days out of 30 respectively. The Reporting Person cannot dispose of, cannot exercise any voting rights and is not entitled to any distributions related to unvested earn-out shares. This amendment to the Form 3 filed on March 18, 2026 is being made to make certain corrections to that Form 3, particularly with regard to the number of shares listed in box 2 above, where the apportionment of jointly held shares was previously misstated. The Reporting Person holds 4,596,000 shares as an heir to the Community of Heirs of Dieter C. Schmid ("Erbengemeinschaft nach Dieter C. Schmid") under German law. They represent 30.8% of the Community's shareholding in the issuer (totaling14,937,000 ordinary shares), which she owns beneficially. The remaining ordinary shares of the Community of Heirs are beneficially owned by her brother, Christian Schmid. The Reporting Person is contractually entitled to receive an additional 1,000,000 Private Warrants.
Key Figures
Beneficially owned ordinary shares: 4,596,000 shares
Community of Heirs total holding: 14,937,000 shares
Community ownership percentage: 30.8%
+5 more
8 metrics
Beneficially owned ordinary shares
4,596,000 shares
Held as heir in Community of Heirs of Dieter C. Schmid
Community of Heirs total holding
14,937,000 shares
Ordinary shares in SCHMID Group N.V. held by Community of Heirs
Community ownership percentage
30.8%
Portion of Community of Heirs’ shares beneficially owned by Anette Schmid
Private Warrants held
1,000,000 warrants
Directly held, exercisable into ordinary shares
Warrant exercise price
$11.50 per share
Exercise price for Private Warrants expiring April 30, 2029
Additional Private Warrants entitlement
1,000,000 warrants
Contractual right to receive extra Private Warrants
Earn-out shares entitlement
2,500,000 shares
Restricted earn-out shares vesting only if price thresholds met by April 30, 2027
Earn-out price thresholds
$15 and $18 per share
Share prices required for vesting over specified 20-of-30-day trading periods
Key Terms
earn-out shares, Community of Heirs, Private Warrants, beneficially owned, +1 more
5 terms
Community of Heirs financial
"The Reporting Person holds 4,596,000 shares as an heir to the Community of Heirs of Dieter C. Schmid ("Erbengemeinschaft nach Dieter C. Schmid") under German law."
Private Warrants financial
"The Reporting Person is contractually entitled to receive an additional 1,000,000 Private Warrants."
beneficially owned financial
"They represent 30.8% of the Community's shareholding in the issuer (totaling14,937,000 ordinary shares), which she owns beneficially."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
exercise price financial
"The Reporting Person also has a contractual right to 2,500,000 earn-out shares, which are not included in this total."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What ownership stake does Anette Schmid report in SCHMID Group (SHMD)?
Anette Schmid reports beneficial ownership of 4,596,000 ordinary shares as an heir in the Community of Heirs of Dieter C. Schmid. This represents 30.8% of that community’s 14,937,000 ordinary shares in SCHMID Group N.V., according to the amended Form 3 filing.
Why did Anette Schmid file an amended Form 3/A for SCHMID Group (SHMD)?
The amendment corrects the initial Form 3 filed on March 18, 2026, focusing on the number of shares listed and the apportionment of jointly held shares. It clarifies her 4,596,000-share beneficial stake within the 14,937,000 ordinary shares held by the Community of Heirs of Dieter C. Schmid.
What are the key warrant holdings disclosed by Anette Schmid in SCHMID Group (SHMD)?
She directly holds 1,000,000 Private Warrants with an exercise price of $11.50 per share, expiring April 30, 2029. The filing also states she is contractually entitled to receive an additional 1,000,000 Private Warrants linked to SCHMID Group N.V. ordinary shares.
Does Anette Schmid currently control voting rights over SCHMID Group (SHMD) earn-out shares?
No. The filing states she cannot dispose of, vote, or receive distributions on the 2,500,000 unvested earn-out shares. These restrictions remain until and if vesting thresholds under the Earn-Out Agreement are achieved by April 30, 2027.