Sportradar Group AG (SRAD) CFO reports PSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sportradar Group AG Chief Financial Officer Craig Felenstein reported equity compensation activity involving Class A Ordinary Shares. He received a grant or award of 7,899 shares at no cost in connection with performance-based equity that vested on June 30, 2026.
To cover tax withholding obligations tied to restricted share unit vesting, 3,564 shares were withheld by the company at a reference price of $14.97 per share, and no shares were sold in the market. Following these transactions, he directly holds 240,092 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FELENSTEIN CRAIG
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 3,564 | $14.97 | $53K |
| Grant/Award | Class A Ordinary Shares | 7,899 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 240,092 shares (Direct, null)
Footnotes (1)
- 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. 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 June 30, 2024 and vested on June 30, 2026, net of shares withheld to satisfy tax withholding obligations of the reporting person in connection with the vesting of such PSUs.
Key Figures
Equity award shares: 7,899 shares
Tax withholding shares: 3,564 shares
Post-transaction holdings: 240,092 shares
+1 more
4 metrics
Equity award shares
7,899 shares
Class A Ordinary Shares granted/awarded on June 30, 2026
Tax withholding shares
3,564 shares
Withheld to satisfy tax obligations at $14.97 per share
Post-transaction holdings
240,092 shares
Class A Ordinary Shares held directly after transactions
Tax reference price
$14.97 per share
Price used for shares withheld for tax obligations
Key Terms
restricted share units ("RSUs"), performance share units ("PSUs"), tax withholding obligations, vesting
4 terms
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with vesting of restricted share units ("RSUs")."
vesting financial
"a PSU award that was granted on June 30, 2024 and vested on June 30, 2026, net of shares withheld..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Sportradar (SRAD) CFO Craig Felenstein report?
Craig Felenstein reported a grant of 7,899 Class A Ordinary Shares from vested performance-based equity and a separate withholding of 3,564 shares to satisfy tax obligations. These actions are compensation-related, not open-market purchases or sales.
What equity awards vested for Sportradar (SRAD) CFO Craig Felenstein?
The filing notes Class A shares underlying performance share units were determined earned based on performance metrics from a June 30, 2024 award that vested on June 30, 2026. The 7,899 reported shares are net of shares withheld for related tax obligations.