Sportradar CAO reports equity awards and tax withholding
Sportradar Group AG Chief Accounting Officer James Scott Ritter reported equity compensation-related transactions in Class A Ordinary Shares.
Rhea-AI Filing Summary
Sportradar Group AG Chief Accounting Officer James Scott Ritter reported equity compensation-related transactions in Class A Ordinary Shares. He acquired 2,849 shares underlying performance share units that vested based on performance metrics, with some shares withheld to cover taxes. The company also withheld 1,698 shares at $16.74 per share to satisfy tax obligations from vesting restricted share units, and no shares were sold in the market as part of this tax withholding. In addition, he received a new award of 21,117 restricted share units that will vest in four equal annual installments, each unit representing one Class A Ordinary Share. Following these transactions, he directly holds 40,613 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 2,849 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Ordinary Shares | 1,698 | $16.74 | $28K |
| Grant/Award | Class A Ordinary Shares | 21,117 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents Class A Ordinary Shares underlying performance share units ("PSUs"), determined to have been earned based on achievement of certain performance metrics pursuant to the terms and conditions of a PSU award that was granted on March 31, 2024 and vested on March 31, 2026, net of shares withheld to satisfy tax withholding obligations of the reporting person in connection with the vesting of such PSUs.
- F2. 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.
- F3. 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
FAQ
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What insider transactions did Sportradar (SRAD) report for James Scott Ritter?
What new equity award did the Sportradar (SRAD) CAO receive?
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