Sportradar Group (NASDAQ: SRAD) director covers RSU taxes with 2,346 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sportradar Group AG director George Fleet reported a tax-related share disposition tied to RSU vesting. On the vesting of restricted share units, 2,346 Class A Ordinary Shares were withheld by the company to satisfy tax withholding obligations at a value of $12.49 per share. A footnote clarifies that no shares were sold in the market as a result of this transaction. Following the withholding, Fleet directly holds 158,527 Class A Ordinary Shares, indicating this was a routine compensation and tax event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fleet George
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 2,346 | $12.49 | $29K |
Holdings After Transaction:
Class A Ordinary Shares — 158,527 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 2,346 shares
Withholding reference price: $12.49 per share
Shares held after transaction: 158,527 shares
+1 more
4 metrics
Shares withheld for taxes
2,346 shares
Withholding to satisfy RSU tax obligations
Withholding reference price
$12.49 per share
Value applied to withheld Class A Ordinary Shares
Shares held after transaction
158,527 shares
Direct Class A Ordinary Shares owned after withholding
Tax-withholding transactions
1 transaction
Form 4 transaction code F for tax withholding
Key Terms
restricted share units, tax withholding obligations, Class A Ordinary Shares, tax-withholding disposition
4 terms
tax withholding obligations financial
"withholding of shares by the Issuer to satisfy tax withholding obligations"
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 (SRAD) director George Fleet report?
George Fleet reported a tax-withholding disposition of shares. The company withheld 2,346 Class A Ordinary Shares to cover tax obligations from vested RSUs, rather than selling them in the market, leaving him with 158,527 shares directly owned afterward.
What does transaction code F mean in the Sportradar (SRAD) Form 4?
Transaction code F indicates a tax-withholding disposition. In this case, it reflects payment of tax liability by delivering shares, where 2,346 shares were withheld by Sportradar upon RSU vesting instead of being sold on the open market.
What role do RSUs play in this Sportradar (SRAD) insider transaction?
The transaction stems from the vesting of restricted share units. When Fleet’s RSUs vested, Sportradar withheld 2,346 shares to satisfy related tax obligations, a common mechanism in equity compensation programs described in the Form 4 footnote.