Turbo Energy (NASDAQ: TURB) CEO buys then sells 4,300 ADS
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Turbo Energy, S.A. director and CEO, Interim CFO, GM & Director Mariano Soria Herandez reported a sequence of trades in American Depositary Shares (ADS). On May 28, 2026, he made an open-market purchase of 4,300 ADS at $1.16 per ADS.
He then executed open-market sales of 2,877.7 ADS at $1.61 on June 1, 2026, followed by 1,422.3 ADS at $1.64 on June 8, 2026. After these transactions, his directly held ADS position reported in this filing was 0 ADS. One ADS represents five ordinary shares with €0.05 par value each.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Soria Herandez Mariano
Role
CEO, Interim CFO, GM & Dir.
Bought
4,300 shs ($5K)
Sold
4,300 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares | 1,422.3 | $1.64 | $2K |
| Sale | American Depositary Shares | 2,877.7 | $1.61 | $5K |
| Purchase | American Depositary Shares | 4,300 | $1.16 | $5K |
Holdings After Transaction:
American Depositary Shares — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
ADS purchased: 4,300 ADS
ADS sold June 1, 2026: 2,877.7 ADS
ADS sold June 8, 2026: 1,422.3 ADS
+3 more
6 metrics
ADS purchased
4,300 ADS
Open-market purchase on May 28, 2026 at $1.16 per ADS
ADS sold June 1, 2026
2,877.7 ADS
Open-market sale at $1.61 per ADS
ADS sold June 8, 2026
1,422.3 ADS
Open-market sale at $1.64 per ADS
Net ADS change
0 ADS
4,300 ADS bought and 4,300 ADS sold over period
ADS-to-ordinary share ratio
1 ADS = 5 ordinary shares
Footnote on American Depositary Shares structure
Par value per ordinary share
€0.05 per share
Ordinary shares underlying the ADS
Key Terms
American Depositary Shares, open-market sale, open-market purchase, par value
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
open-market purchase financial
"transaction_action": "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.
par value financial
"Ordinary Shares, par value five cents of euro (€0.05) per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transactions did Turbo Energy (TURB) report in this Form 4?
The Form 4 shows CEO Mariano Soria Herandez bought 4,300 ADS at $1.16 on May 28, 2026, then sold 2,877.7 ADS at $1.61 and 1,422.3 ADS at $1.64 in early June 2026.
Did Turbo Energy (TURB) CEO end the period holding any ADS?
According to the Form 4, after the June 8, 2026 open-market sale of 1,422.3 ADS, CEO Mariano Soria Herandez’s directly reported holdings of American Depositary Shares were 0 ADS following the transactions disclosed.
At what prices did Turbo Energy (TURB) insider trades occur?
The purchase occurred at $1.16 per ADS on May 28, 2026. Subsequent open-market sales were reported at $1.61 per ADS on June 1, 2026 and $1.64 per ADS on June 8, 2026, all involving American Depositary Shares.
How many Turbo Energy (TURB) ADS were bought and sold by the CEO?
The Form 4 reports a purchase of 4,300 ADS and total sales of 4,300 ADS (2,877.7 ADS and 1,422.3 ADS) in separate open-market transactions, resulting in a net change of zero ADS over the disclosed period.