Turbo Energy (TURB) director makes open-market buy of 1,000 ADS
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($1,310)
Net Buy
1 txn
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)
- [object Object]
Key Figures
ADS purchased: 1,000 ADS
Purchase price per ADS: $1.31 per ADS
Holdings after transaction: 1,000 ADS
+1 more
4 metrics
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
Key Terms
American Depositary Shares, open-market purchase, Form 4, transaction code
4 terms
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""
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.
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.