Breon Corcoran of Sportradar (SRAD) has 817 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sportradar Group AG director Breon Corcoran reported a routine equity compensation event. On the vesting of restricted share units, the company withheld 817 Class A Ordinary Shares, valued at $12.49 per share, to cover tax withholding obligations.
The footnote states that no shares were sold in the market in connection with this vesting and tax payment. Following this non-market tax-withholding disposition, Corcoran directly holds 2,450 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Corcoran Breon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 817 | $12.49 | $10K |
Holdings After Transaction:
Class A Ordinary Shares — 2,450 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 817 shares
Withholding share value: $12.49 per share
Shares owned after transaction: 2,450 shares
3 metrics
Shares withheld for taxes
817 shares
Tax withholding on RSU vesting
Withholding share value
$12.49 per share
Valuation used for tax-withholding shares
Shares owned after transaction
2,450 shares
Post-transaction direct holdings
Key Terms
restricted share units ("RSUs"), tax withholding obligations, Class A Ordinary Shares, tax-withholding disposition
4 terms
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with vesting of restricted share units"
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.
FAQ
What insider transaction did Sportradar Group AG (SRAD) report for Breon Corcoran?
Sportradar Group AG reported that director Breon Corcoran had 817 Class A Ordinary Shares withheld to satisfy tax obligations on vested RSUs. This was a non-market tax-withholding disposition, not an open-market sale, and reflects routine equity compensation treatment.
What does transaction code F mean in the Sportradar (SRAD) Form 4?
Transaction code F indicates a disposition of shares to pay an exercise price or tax liability. In this filing, it reflects shares withheld by Sportradar to cover tax withholding on RSU vesting, rather than an open-market purchase or sale transaction.