MILLER MICHAEL CONNOLLY 4

What Happened

• Michael Connolly Miller, Chief Legal Officer of Sportradar Group AG (SRAD), was awarded 17,889 restricted share units (RSUs) on 2026-03-31 and simultaneously had 1,813 shares withheld to satisfy tax-withholding obligations. The withheld shares were reported as a disposition at $16.74 per share (total $30,350). The RSUs were granted at $0.00 reported value and represent contingent rights to receive Class A ordinary shares upon vesting.

Key Details

• Transaction date: 2026-03-31. Form 4 filed: 2026-04-02 (covering the 3/31 transactions).
• Withholding: 1,813 shares disposed at $16.74 each, proceeds reported as $30,350; per the filing no shares were sold on the market to cover taxes (shares were withheld by the issuer).
• Grant: 17,889 RSUs granted (reported as acquired, value $0 in the filing).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — shares were withheld by the issuer to satisfy tax withholding; F2 — RSUs vest in equal annual installments over the next four anniversaries and each RSU equals one Class A share.
• No late filing flag noted in the report.

Context

• This is an RSU award (future compensation) rather than an open-market purchase or sale. The withholding is a routine, administrative action to cover taxes at vesting and does not indicate a market sale by the insider. RSU grants are commonly used for retention and align long-term interests; they do not by themselves signal the insider’s short-term view of the stock.