Sportradar (SRAD) CFO granted 39,583 shares from vested performance units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FELENSTEIN CRAIG reported acquisition or exercise transactions in this Form 4 filing.
Sportradar Group AG’s Chief Financial Officer Craig Felenstein received 39,583 Class A Ordinary Shares as a compensation award. These shares reflect performance share units granted on June 1, 2024 that vested on June 1, 2026, after shares were withheld to cover tax obligations. Following this vesting, Felenstein directly holds 243,656 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FELENSTEIN CRAIG
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 39,583 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 243,656 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired via PSU vesting: 39,583 shares
Post-transaction holdings: 243,656 shares
Per-share transaction price: $0.00 per share
+2 more
5 metrics
Shares acquired via PSU vesting
39,583 shares
Class A Ordinary Shares, transaction date June 1, 2026
Post-transaction holdings
243,656 shares
Class A Ordinary Shares held directly after vesting
Per-share transaction price
$0.00 per share
Equity award from PSU vesting, not a market purchase
Original PSU grant date
June 1, 2024
Performance share unit award date referenced in footnote
PSU vesting date
June 1, 2026
Date PSUs vested and converted into Class A shares
Key Terms
performance share units, PSUs, tax withholding obligations
3 terms
PSUs financial
"performance share units ("PSUs"), determined to have been earned based on achievement of certain performance metrics"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
tax withholding obligations financial
"net of shares withheld to satisfy tax withholding obligations of the reporting person in connection with the vesting of such PSUs"
FAQ
What insider transaction did Sportradar (SRAD) report for its CFO?
Sportradar reported that CFO Craig Felenstein acquired 39,583 Class A Ordinary Shares. These came from performance share units that vested on June 1, 2026, reflecting previously granted equity compensation rather than an open-market stock purchase.
What are the performance conditions mentioned for Sportradar (SRAD) PSUs?
The reported performance share units were determined to have been earned based on achievement of certain performance metrics. These conditions were set in the PSU award granted on June 1, 2024, which subsequently vested on June 1, 2026, triggering share delivery.