Director Marc Walder adds 66,000 Sportradar (SRAD) shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sportradar Group AG director Marc Walder reported an open-market purchase of 66,000 Class A Ordinary Shares of Sportradar Group AG at a price of $12.77 per share. Following this transaction, he directly holds 342,563 Class A Ordinary Shares, indicating a larger continuing ownership stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 66,000 shares ($842,820)
Net Buy
1 txn
Insider
Walder Marc
Role
null
Bought
66,000 shs ($843K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 66,000 | $12.77 | $843K |
Holdings After Transaction:
Class A Ordinary Shares — 342,563 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 66,000 shares
Purchase price: $12.77 per share
Shares held after transaction: 342,563 shares
3 metrics
Shares purchased
66,000 shares
Open-market purchase of Class A Ordinary Shares
Purchase price
$12.77 per share
Price paid for Class A Ordinary Shares
Shares held after transaction
342,563 shares
Direct Class A Ordinary Share holdings post-transaction
Key Terms
open-market purchase, Class A Ordinary Shares, Form 4
3 terms
open-market purchase financial
"reported an open-market purchase of 66,000 Class A Ordinary Shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"indicating a net increase in his directly held Sportradar shares in this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Sportradar Group AG (SRAD) disclose for Marc Walder?
Sportradar Group AG disclosed that director Marc Walder completed an open-market purchase of 66,000 Class A Ordinary Shares. The transaction reflects a direct acquisition of additional equity, increasing his reported stake in the company’s Class A Ordinary Shares.
Is the Marc Walder Sportradar Group AG (SRAD) trade an open-market purchase?
Yes. The filing classifies Marc Walder’s transaction as an open-market purchase of Class A Ordinary Shares. It is coded as a “P” transaction, which corresponds to a purchase in an open market or private transaction under SEC Form 4 rules.