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Sportradar (SRAD) legal chief granted RSUs as shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sportradar Group AG Chief Legal Officer Michael Connolly Miller reported routine equity compensation activity involving Class A Ordinary Shares. The company withheld 1,813 shares at a price of $16.74 per share to cover tax withholding obligations tied to vesting restricted share units, and no shares were sold in the market. He also received a grant of 17,889 restricted share units that vest in equal annual installments over four years, each RSU representing one Class A Ordinary Share. Following these transactions, he holds 73,914 Class A Ordinary Shares directly.

Positive

  • None.

Negative

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Insider MILLER MICHAEL CONNOLLY
Role Chief Legal Officer
Type Security Shares Price Value
Tax Withholding Class A Ordinary Shares 1,813 $16.74 $30K
Grant/Award Class A Ordinary Shares 17,889 $0.00 --
Holdings After Transaction: Class A Ordinary Shares — 56,025 shares (Direct)
Footnotes (1)
  1. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with vesting of restricted share units ("RSUs"). No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations. Represents an award of RSUs that will vest in equal annual installments on the first, second, third and fourth anniversaries of the grant date. Each RSU represents a contingent right to receive one Class A Ordinary Share.
Tax withholding shares 1,813 shares Withheld to satisfy tax withholding obligations on RSU vesting
Tax withholding price $16.74 per share Value used for 1,813 withheld Class A Ordinary Shares
RSU award size 17,889 RSUs Grant vesting in four equal annual installments
Shares held after transactions 73,914 Class A Ordinary Shares Direct ownership after reported Form 4 transactions
restricted share units ("RSUs") financial
"vesting of restricted share units ("RSUs"). No shares were sold"
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with vesting"
Class A Ordinary Share financial
"Each RSU represents a contingent right to receive one Class A Ordinary Share."
A Class A ordinary share is a type of common stock a company issues that carries a specific set of rights—most often particular voting power, dividend terms, or transfer rules—distinct from other share classes. For investors it matters because those rights affect control over company decisions, how income is paid out, and how easy shares are to buy or sell; think of it like a tiered ticket that gives different access and influence at the same event.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MILLER MICHAEL CONNOLLY

(Last)(First)(Middle)
FELDLISTRASSE 2

(Street)
ST. GALLENCH-9000

(City)(State)(Zip)

SWITZERLAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sportradar Group AG [ SRAD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Ordinary Shares03/31/2026F1,813(1)D$16.7456,025D
Class A Ordinary Shares03/31/2026A17,889(2)A$073,914D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with vesting of restricted share units ("RSUs"). No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.
2. Represents an award of RSUs that will vest in equal annual installments on the first, second, third and fourth anniversaries of the grant date. Each RSU represents a contingent right to receive one Class A Ordinary Share.
/s/ Jason Barr, as Attorney-in-Fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Sportradar (SRAD) report for Michael Connolly Miller?

Sportradar reported that Chief Legal Officer Michael Connolly Miller had 1,813 Class A Ordinary Shares withheld to cover tax obligations and received 17,889 restricted share units as an equity award. These are routine compensation-related transactions rather than open-market share purchases or sales.

Were any Sportradar (SRAD) shares sold in the market in this Form 4?

No market sales occurred. The 1,813 shares shown as a disposition were withheld by Sportradar to satisfy tax withholding obligations related to vesting restricted share units. The filing explicitly states that no shares were sold in the market as a result.

How many Sportradar (SRAD) shares does Michael Connolly Miller hold after these transactions?

After the reported transactions, Michael Connolly Miller directly holds 73,914 Class A Ordinary Shares. This figure reflects his updated ownership following the tax-withholding share reduction and the new equity award disclosed in the Form 4 filing.

What does the tax withholding transaction in Sportradar’s (SRAD) Form 4 mean?

The tax withholding transaction reflects 1,813 shares retained by Sportradar to cover Miller’s tax obligations when his restricted share units vested. This is recorded as a disposition in the Form 4 but does not represent an open-market sale of shares to third-party investors.