Sportradar (SRAD) director discloses RSU-related tax share withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sportradar Group AG director William Kurtz reported a tax-related share disposition tied to vested restricted share units. On the transaction date, 1,868 Class A Ordinary Shares were withheld at $12.49 per share to cover tax obligations from RSU vesting, with no shares sold in the market. After this withholding, Kurtz directly holds 28,311 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KURTZ WILLIAM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 1,868 | $12.49 | $23K |
Holdings After Transaction:
Class A Ordinary Shares — 28,311 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,868 shares
Reference price per share: $12.49 per share
Shares held after transaction: 28,311 shares
3 metrics
Shares withheld for taxes
1,868 shares
Withholding to satisfy RSU tax obligations
Reference price per share
$12.49 per share
Value used for tax-withholding disposition
Shares held after transaction
28,311 shares
Class A Ordinary Shares directly held after withholding
Key Terms
restricted share units ("RSUs"), tax withholding obligations, Class A Ordinary Shares, Form 4
4 terms
tax withholding obligations financial
"withholding of shares by the Issuer to satisfy tax withholding obligations"
Form 4 regulatory
"INSIDER FILING DATA (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 (SRAD) director William Kurtz report?
William Kurtz reported a tax-withholding disposition of 1,868 Class A Ordinary Shares. The shares were withheld by Sportradar to satisfy tax obligations from restricted share unit vesting, rather than sold in the open market, and are disclosed in a Form 4 filing.
What does the F transaction code mean in the Sportradar (SRAD) Form 4?
The F code indicates a tax-withholding disposition. For Sportradar, it shows 1,868 Class A Ordinary Shares were withheld by the issuer to satisfy tax liabilities from RSU vesting, rather than representing an open-market purchase or sale by director William Kurtz.