Sono Group holder sells 11,410 shares, drops below 10%
A former more-than-10% holder of Sono Group N.V. sold shares and reports it now owns under the 10% Section 16 threshold.
Rhea-AI Filing Summary
Sono Group N.V. (SSM) reported that Bambino 255 V V UG haftungsbeschrankt sold a total of 11,410 shares of Common Stock on September 1, 2026, in open-market or private transactions at prices ranging from $3.67 to $3.75 per share. The reporting person states that, after these sales, it is no longer a beneficial owner of more than 10% of the outstanding Common Stock and is therefore no longer subject to Section 16 solely due to that ownership. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,410 shares
Net Sell
7 txns
Insider
Bambino 255 V V UG haftungsbeschrankt
Role
10% Owner
Sold
11,410 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,568 | $3.67 | $13K |
| Sale | Common Stock | 100 | $3.6764 | $367.64 |
| Sale | Common Stock | 400 | $3.6765 | $1K |
| Sale | Common Stock | 1,200 | $3.679 | $4K |
| Sale | Common Stock | 100 | $3.68 | $368.00 |
| Sale | Common Stock | 42 | $3.69 | $154.98 |
| Sale | Common Stock | 6,000 | $3.75 | $23K |
Holdings After Transaction:
Common Stock — 141,916 shares (Direct)
Key Figures
Total shares sold: 11,410 shares
Largest single trade size: 6,000 shares
Lowest sale price: $3.67 per share
+3 more
6 metrics
Total shares sold
11,410 shares
Aggregate Common Stock sales on September 1, 2026
Largest single trade size
6,000 shares
Single sale of Common Stock on September 1, 2026
Lowest sale price
$3.67 per share
Common Stock sale price on September 1, 2026
Highest sale price
$3.75 per share
Common Stock sale price on September 1, 2026
Beneficial ownership threshold referenced
10%
Reporting person states it is no longer over this level after the sales
Number of sale transactions
7 transactions
Non-derivative Common Stock sales on September 1, 2026
Key Terms
beneficial owner, Section 16, ten percent owner, Common Stock
4 terms
beneficial owner regulatory
"no longer the beneficial owner of more than 10% of the Issuer's"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Section 16 regulatory
"therefore is no longer subject to Section 16 solely on account"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ten percent owner regulatory
"Reporting Person is no longer the beneficial owner of more than 10%"
Common Stock financial
"Issuer's outstanding Common Stock and therefore is no longer subject"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider activity did SSM disclose in this Form 4?
The filing reports that Bambino 255 V V UG haftungsbeschrankt sold 11,410 shares of Sono Group N.V. Common Stock on September 1, 2026 in a series of open-market or private transactions at prices between $3.67 and $3.75 per share.
Is the SSM reporting person still a more-than-10% beneficial owner after these transactions?
The reporting person states that, following these transactions, it is no longer the beneficial owner of more than 10% of Sono Group N.V.’s outstanding Common Stock and therefore is no longer subject to Section 16 solely on that basis.
Were the SSM insider sales made under a Rule 10b5-1 trading plan?
The filing indicates that the Rule 10b5-1 checkbox is not marked, so these Sono Group N.V. transactions are not reported as being made under a Rule 10b5-1 trading plan.
What type of security was involved in the SSM Form 4 transactions?
All reported transactions involve Common Stock of Sono Group N.V., sold directly by Bambino 255 V V UG haftungsbeschrankt in open-market or private transactions on September 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
