Sportradar CLO gets RSU award, shares withheld for tax
Sportradar Group AG Chief Legal Officer Michael Connolly Miller reported routine equity compensation activity involving Class A Ordinary Shares.
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
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Ordinary Shares | 1,813 | $16.74 | $30K |
| Grant/Award | Class A Ordinary Shares | 17,889 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
Key Terms
tax withholding obligations financial
grant, award, or other acquisition financial
FAQ
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What insider transactions did Sportradar (SRAD) report for Michael Connolly Miller?
What equity award did the Sportradar (SRAD) Chief Legal Officer receive?
What does the tax withholding transaction in Sportradar’s (SRAD) Form 4 mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.