Sportradar (NASDAQ: SRAD) CEO adds 340,000 shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sportradar Group AG Chief Executive Officer Carsten Koerl made open-market purchases of the company’s Class A Ordinary Shares. On May 4, 2026, he bought 182,000 shares at a weighted average price of $13.38 per share. On May 5, 2026, he bought an additional 158,000 shares at a weighted average price of $13.40 per share.
According to the filing, Koerl now directly owns 2,618,272 Class A Ordinary Shares following these transactions. The purchases on each day were executed in multiple trades, with prices ranging from $13.01 to $13.95 on May 4 and from $13.23 to $13.49 on May 5.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 340,000 shares ($4,552,360)
Net Buy
2 txns
Insider
Koerl Carsten
Role
Chief Executive Officer
Bought
340,000 shs ($4.55M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 158,000 | $13.40 | $2.12M |
| Purchase | Class A Ordinary Shares | 182,000 | $13.38 | $2.44M |
Holdings After Transaction:
Class A Ordinary Shares — 2,618,272 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.01 to $13.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.23 to $13.49, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares purchased May 4, 2026: 182,000 shares
Shares purchased May 5, 2026: 158,000 shares
Total shares purchased: 340,000 shares
+3 more
6 metrics
Shares purchased May 4, 2026
182,000 shares
Open-market purchase of Class A Ordinary Shares at $13.38 weighted average
Shares purchased May 5, 2026
158,000 shares
Open-market purchase of Class A Ordinary Shares at $13.40 weighted average
Total shares purchased
340,000 shares
Sum of open-market purchases on May 4 and May 5, 2026
Holdings after transactions
2,618,272 shares
Direct Class A Ordinary Share ownership following May 5, 2026 trade
Price range May 4, 2026
$13.01–$13.95
Weighted-average purchase price $13.38 across multiple trades
Price range May 5, 2026
$13.23–$13.49
Weighted-average purchase price $13.40 across multiple trades
Key Terms
open-market purchase, weighted average price, Class A Ordinary Shares
3 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transactions did Sportradar (SRAD) report for CEO Carsten Koerl?
Sportradar reported that CEO Carsten Koerl purchased 340,000 Class A Ordinary Shares in open-market transactions. These occurred on May 4 and May 5, 2026, and increased his direct ownership to 2,618,272 shares according to the Form 4 filing.
What type of transaction is reported for Sportradar (SRAD) CEO in this Form 4?
The Form 4 reports that CEO Carsten Koerl executed open-market purchases of Sportradar Class A Ordinary Shares. Each transaction is coded “P,” described as a purchase in open market or private transaction, and is categorized as a non-derivative equity transaction.