Brera Holdings (SLMT) director details major RSU and share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Brera Holdings PLC director Sade Ron has filed an initial ownership report, outlining equity and award holdings in the company. The filing shows direct ownership of 1,899,792 Class B Ordinary Shares and 44,444 Restricted Stock Units, each RSU convertible into one Class B Ordinary Share at an exercise price of $0.00.
The RSUs vest in eight equal quarterly installments starting on October 21, 2025 and ending on July 21, 2027, with all unvested units accelerating upon events such as a Change in Control, death, Disability, retirement, or termination without Cause. Of the RSUs, 11,112 have already vested as of January 21, 2026 but have not yet been settled into shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sade Ron
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units ("RSUs") | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units ("RSUs") — 44,444 shares (Direct);
Class B Ordinary Shares — 1,899,792 shares (Direct)
Footnotes (1)
- Each RSU represents a contingent right to receive one Class B Ordinary Share nominal value $0.05 per share (the "Class B Ordinary Shares") at an exercise price of $0.00 per share. The RSUs vest in eight equal quarterly installments, commencing on October 21, 2025, subject to the Reporting Person's continued service to the Issuer through each such vesting date. All unvested RSUs will fully accelerate and become immediately vested upon a Change in Control (as defined in the Restricted Stock Award Agreement), death, Disability (as defined in the Restricted Stock Award Agreement), retirement, or termination by the Issuer without Cause (as defined in the Restricted Stock Award Agreement). The expiration date of the RSUs is July 21, 2027, which is the date of the final vesting installment. Includes 11,112 RSUs that have fully vested as of January 21, 2026 but have not yet been settled. Each RSU represents a contingent right to receive one Class B Ordinary Share at an exercise price of $0.00. The Class B Ordinary Shares underlying these vested RSUs will be delivered to the Reporting Person as soon as practicable.
Key Figures
Class B Ordinary Shares held: 1,899,792 shares
Restricted Stock Units: 44,444 RSUs
RSU exercise price: $0.00 per share
+3 more
6 metrics
Class B Ordinary Shares held
1,899,792 shares
Direct ownership reported on Form 3
Restricted Stock Units
44,444 RSUs
Each RSU convertible into one Class B Ordinary Share
RSU exercise price
$0.00 per share
Exercise price for RSUs into Class B Ordinary Shares
Vested but unsettled RSUs
11,112 RSUs
Fully vested as of January 21, 2026, not yet settled
RSU vesting start date
October 21, 2025
First of eight equal quarterly vesting installments
RSU expiration/final vesting date
July 21, 2027
Date of the final vesting installment for RSUs
Key Terms
Restricted Stock Units ("RSUs"), Class B Ordinary Shares, Change in Control, Disability, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Each RSU represents a contingent right to receive one Class B Ordinary Share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Change in Control financial
"All unvested RSUs will fully accelerate and become immediately vested upon a Change in Control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Disability financial
"will fully accelerate and become immediately vested upon a Change in Control, death, Disability, retirement"
termination by the Issuer without Cause financial
"or termination by the Issuer without Cause (as defined in the Restricted Stock Award Agreement)"
FAQ
What does the Form 3 filing by Sade Ron at Brera Holdings (SLMT) show?
The Form 3 filing shows director Sade Ron’s initial ownership in Brera Holdings, including 1,899,792 Class B Ordinary Shares and 44,444 RSUs, each convertible into one share at an exercise price of $0.00 per share under the company’s equity arrangements.
What Restricted Stock Units did Sade Ron report in Brera Holdings (SLMT)?
The filing reports 44,444 RSUs, each representing a contingent right to receive one Class B Ordinary Share at an exercise price of $0.00. These RSUs vest in eight equal quarterly installments, providing additional potential share ownership over the vesting schedule.
When do Sade Ron’s RSUs in Brera Holdings (SLMT) vest and expire?
The RSUs vest in eight equal quarterly installments beginning on October 21, 2025. The final vesting date, and expiration date for the RSUs, is July 21, 2027, setting the overall duration of this equity award’s vesting period as disclosed.
How many of Sade Ron’s RSUs at Brera Holdings (SLMT) have already vested?
The disclosure notes that 11,112 RSUs have fully vested as of January 21, 2026 but have not yet been settled into Class B Ordinary Shares. These vested units remain a contingent right to receive shares, to be delivered as soon as practicable.
Under what conditions do Sade Ron’s RSUs at Brera Holdings (SLMT) accelerate?
All unvested RSUs will fully accelerate and vest upon a Change in Control, death, Disability, retirement, or termination by the issuer without Cause. These conditions, defined in the Restricted Stock Award Agreement, provide protection for the director’s unvested equity.