What does one Turbo Energy (TURB) American Depositary Share represent?

One American Depositary Share represents five ordinary shares with a par value of €0.05 each. This means the 9,500 ADS acquired in the transaction correspond to 47,500 underlying ordinary shares of Turbo Energy, S.A., according to the filing footnote.

Turbo Energy (TURB) chair adds 9,500 ADS via indirect purchase

Q: Is the Turbo Energy (TURB) insider purchase held directly or indirectly?

The purchased 9,500 American Depositary Shares are held as indirect ownership through Turbo Energy S.L.U and Umbrella Global Energy S.A. The Form 4 classifies the ownership type as indirect, rather than being held personally in the insider’s own name.

Filing Impact

(Neutral)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Turbo Energy, S.A. director and chairman Enrique Selva Bellvis reported an indirect open-market purchase of 9,500 American Depositary Shares at $1.09 per ADS on May 29, 2026. The ADS are held indirectly through Turbo Energy S.L.U and Umbrella Global Energy S.A.

Each ADS represents five ordinary shares. Following this trade, the reported indirect position totals 41,629,525 ordinary shares, including the 9,500 ADS, which represent 47,500 ordinary shares. This filing reflects a relatively small incremental increase compared with the overall reported holdings.

Insider Trade Summary

Net Buyer: 9,500 shares ($10,355)

Net Buy 1 txn

Insider Bellvis Enrique Selva

Role Chairman of the Board

Bought 9,500 shs ($10K)

Type	Security	Shares	Price	Value
Purchase	American Depositary Shares	9,500	$1.09	$10K

Holdings After Transaction: American Depositary Shares — 41,629,525 shares (Indirect, Turbo Energy S.L.U and Umbrella Global Energy S.A.)

Footnotes (1)

One American Depositary Share represents five Ordinary Shares, par value five cents of euro ((euro)0.05) per share. Consists of 41,629,525 Ordinary Shares, including 9,500 American Depositary Shares, which represent 47,500 Ordinary Shares. Umbrella Global Energy S.A., or Umbrella Global, is a corporation formed under the laws of the Kingdom of Spain. Umbrella Global is a public company listed on BME GROWTH. Crocodile Investment, S.L.U, or Crocodile Investment, a company established under the laws of the Kingdom of Spain on November 8, 2013, and Enrique Selva Bellvis, the Chairman of the board of directors of Turbo Energy, S.A., are the majority shareholders of the issued and outstanding shares of Umbrella Global. Enrique Selva Bellvis personally owns 23.21% of Umbrella Global, while Crocodile Investment owns 54% of Umbrella Global. Mr. Bellvis is the sole owner of Crocodile Investment, holding 100% of its shares. Umbrella Global's business address is Plaza America, 2, 4B, 46004, Valencia, Spain.

Key Figures

ADS purchased: 9,500 ADS Purchase price: $1.09 per ADS ADS-to-ordinary ratio: 1 ADS = 5 ordinary shares +2 more

5 metrics

ADS purchased 9,500 ADS Open-market buy on May 29, 2026

Purchase price $1.09 per ADS Open-market transaction

ADS-to-ordinary ratio 1 ADS = 5 ordinary shares Share structure per footnote

Ordinary shares after trade 41,629,525 ordinary shares Indirect holdings including ADS

Ordinary shares from ADS bought 47,500 ordinary shares Underlying shares for 9,500 ADS

Key Terms

American Depositary Shares, open-market purchase, indirect ownership, BME GROWTH

4 terms

American Depositary Shares financial

"The insider purchased 9,500 American Depositary Shares at $1.09 each."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

open-market purchase financial

"The filing describes the transaction as an open-market purchase."

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.

indirect ownership financial

"The ADS are reported as indirect ownership via related entities."

BME GROWTH financial

"Umbrella Global Energy S.A. is listed on BME GROWTH."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:39 PM Accepted by SEC EDGAR 07/06/2026 - 04:38 PM

FAQ

What insider transaction did Turbo Energy (TURB) report for Enrique Selva Bellvis?

Turbo Energy reported that chairman Enrique Selva Bellvis indirectly bought 9,500 American Depositary Shares at $1.09 each on May 29, 2026. The purchase was an open-market transaction and modest relative to his overall reported indirect holdings.

How many Turbo Energy (TURB) ADS did the insider purchase and at what price?

The insider reported buying 9,500 American Depositary Shares at a price of $1.09 per ADS. This open-market purchase increases indirect ownership and represents an additional 47,500 ordinary shares because each ADS corresponds to five ordinary shares.

Is the Turbo Energy (TURB) insider purchase held directly or indirectly?

The purchased 9,500 American Depositary Shares are held as indirect ownership through Turbo Energy S.L.U and Umbrella Global Energy S.A. The Form 4 classifies the ownership type as indirect, rather than being held personally in the insider’s own name.

What is the total Turbo Energy (TURB) stake reported after this Form 4 transaction?

After the reported trade, the filing shows 41,629,525 ordinary shares held indirectly, including 9,500 American Depositary Shares. Those ADS represent 47,500 ordinary shares, so the transaction modestly increases an already large reported indirect position in the company.

Who are the entities linked to the Turbo Energy (TURB) indirect holdings?

The indirect holdings are associated with Turbo Energy S.L.U and Umbrella Global Energy S.A. The filing notes Umbrella Global is a Spanish public company on BME GROWTH, with majority ownership held by Crocodile Investment, S.L.U and Enrique Selva Bellvis.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bellvis Enrique Selva

(Last)

(First)

(Middle)

PLAZA DE AMERICA 2, 4AB

(Street)

VALENCIA

46004

(City)

(State)

(Zip)

SPAIN

(Country)

2. Issuer Name and Ticker or Trading Symbol
Turbo Energy, S.A. [ TURB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
American Depositary Shares⁽¹⁾	05/29/2026		P		9,500	A	$1.09	41,629,525⁽²⁾	I	Turbo Energy S.L.U and Umbrella Global Energy S.A.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. One American Depositary Share represents five Ordinary Shares, par value five cents of euro ((euro)0.05) per share.

2. Consists of 41,629,525 Ordinary Shares, including 9,500 American Depositary Shares, which represent 47,500 Ordinary Shares. Umbrella Global Energy S.A., or Umbrella Global, is a corporation formed under the laws of the Kingdom of Spain. Umbrella Global is a public company listed on BME GROWTH. Crocodile Investment, S.L.U, or Crocodile Investment, a company established under the laws of the Kingdom of Spain on November 8, 2013, and Enrique Selva Bellvis, the Chairman of the board of directors of Turbo Energy, S.A., are the majority shareholders of the issued and outstanding shares of Umbrella Global. Enrique Selva Bellvis personally owns 23.21% of Umbrella Global, while Crocodile Investment owns 54% of Umbrella Global. Mr. Bellvis is the sole owner of Crocodile Investment, holding 100% of its shares. Umbrella Global's business address is Plaza America, 2, 4B, 46004, Valencia, Spain.

	/s/ Enrique Selva Bellvis	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR