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Turbo Energy (TURB) director makes open-market buy of 1,000 ADS

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Turbo Energy, S.A. director Canavate Marti Emilio reported an open-market purchase of 1,000 American Depositary Shares (ADS) of the company. The shares were bought at a price of $1.31 per ADS and are held directly.

Following this transaction, the director owns a total of 1,000 ADS. Each ADS represents five ordinary shares of Turbo Energy, S.A., linking this purchase to an economic interest in the company’s underlying ordinary share capital.

Positive

  • None.

Negative

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Insider Canavate Marti Emilio
Role null
Bought 1,000 shs ($1K)
Type Security Shares Price Value
Purchase American Depositary Shares 1,000 $1.31 $1K
Holdings After Transaction: American Depositary Shares — 1,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
ADS purchased 1,000 ADS Open-market purchase by director on May 19, 2026
Purchase price per ADS $1.31 per ADS Price paid in reported transaction
Holdings after transaction 1,000 ADS Total direct ownership following the purchase
ADS to ordinary share ratio 1 ADS = 5 ordinary shares Structure of Turbo Energy’s American Depositary Shares
American Depositary Shares financial
"One American Depositary Share represents five Ordinary Shares, par value five cents of euro"
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
"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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code regulatory
"transaction_code": "P""
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FAQ

What insider transaction did Turbo Energy (TURB) report on this Form 4?

Turbo Energy (TURB) reported that director Canavate Marti Emilio executed an open-market purchase of 1,000 American Depositary Shares. The transaction reflects a direct acquisition of Turbo Energy equity through the public market at a disclosed price per ADS.

At what price did the Turbo Energy (TURB) director buy the ADS?

The director purchased the Turbo Energy (TURB) American Depositary Shares at $1.31 per ADS. This price represents the cost paid in the open market for each ADS acquired in the reported transaction.

How many Turbo Energy (TURB) shares does the director hold after the transaction?

After the reported transaction, the director holds 1,000 American Depositary Shares of Turbo Energy (TURB). These ADS are owned directly and represent the director’s reported position following the open-market purchase.

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

Each Turbo Energy (TURB) American Depositary Share represents five ordinary shares of the company. This ratio means ownership of ADS corresponds to a larger number of underlying ordinary shares in Turbo Energy, S.A.

Was the Turbo Energy (TURB) insider transaction a purchase or a sale?

The Turbo Energy (TURB) insider transaction was a purchase. The Form 4 shows an open-market buy of 1,000 American Depositary Shares by a company director, classified under the purchase transaction code.
SEC Form 4
FORM 4UNITED 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*
Canavate Marti Emilio

(Last)(First)(Middle)
PLAZA DE AMERICA 2, 4AB

(Street)
VALENCIA46004

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
American Depositary Shares(1)05/19/2026P1,000A$1.311,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. One American Depositary Share represents five Ordinary Shares, par value five cents of euro ((euro)0.05) per share.
/s/ Marti Emilio Canavate07/06/2026
** Signature of Reporting PersonDate
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)