Sportradar (SRAD) COO awarded 240,192 RSUs, total holdings now 241,884 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Deen Sameer reported acquisition or exercise transactions in this Form 4 filing.
Sportradar Group AG Chief Operating Officer Sameer Deen received an equity award of 240,192 Class A Ordinary Shares in the form of restricted share units (RSUs). The RSUs were granted at no cash purchase price and will vest in equal annual installments on the third, fourth and fifth anniversaries of the grant date. Each RSU represents a contingent right to receive one Class A Ordinary Share. Following this grant, Deen directly holds 241,884 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deen Sameer
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 240,192 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 241,884 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 240,192 RSUs
Shares after transaction: 241,884 shares
Transaction price per share: 0.0000
3 metrics
RSUs granted
240,192 RSUs
Equity award to COO Sameer Deen
Shares after transaction
241,884 shares
Direct Class A Ordinary Shares held after grant
Transaction price per share
0.0000
Grant of RSUs carried no cash purchase price
Key Terms
restricted share units, RSUs, Class A Ordinary Shares, vest
4 terms
RSUs financial
"Represents an award of restricted share units ("RSUs") that will vest in equal annual installments"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vest financial
"RSUs that will vest in equal annual installments on the third, fourth and fifth anniversaries"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Sportradar (SRAD) COO Sameer Deen receive in this Form 4 filing?
Sameer Deen received an equity award of 240,192 restricted share units (RSUs), each linked to one Class A Ordinary Share. This award increases his direct holdings to 241,884 Class A Ordinary Shares, reflecting stock-based compensation rather than an open-market purchase.
How do the 240,192 RSUs granted to Sportradar (SRAD) COO vest over time?
The 240,192 RSUs vest in three equal annual installments on the third, fourth, and fifth anniversaries of the grant date. This structure encourages long-term alignment by tying the full share delivery to multi-year continued service and performance at Sportradar Group AG.
What does each RSU granted to Sportradar (SRAD) COO represent?
Each RSU represents a contingent right to receive one Class A Ordinary Share of Sportradar Group AG. Shares are only delivered as the RSUs vest on the specified anniversaries of the grant date, subject to the award’s terms and continued eligibility.