Fischer Viktor 4

What Happened

• Viktor Fischer, listed as a director of Brera Holdings PLC, exercised pre-funded warrants/other in‑the‑money derivative instruments on April 3, 2026 to acquire 1,878,988 Class B ordinary shares at $0.05 per share, for a total cash outlay of $93,949. The filing also reports the corresponding disposition of the derivative instrument (i.e., the warrants were exercised/cancelled).

Key Details

• Transaction date: April 3, 2026; Form 4 filed April 7, 2026.
• Shares acquired: 1,878,988 at $0.05 per share; total = $93,949.
• Disposition: Same number (1,878,988) of the derivative instrument was reported disposed (reflecting exercise).
• Post-transaction direct ownership: The reported securities are directly owned by RBCH Ltd (see footnote); the Form 4 does not state Viktor Fischer’s individual share count after the transaction. Fischer disclaims beneficial ownership except to the extent of his pecuniary interest (see F2).
• Footnotes of interest:
  • F1: Settlement of the warrant exercise occurred after the date provided for in the pre-funded warrants.
  • F2: The shares are held through a chain of entities (RBCH Ltd → Rockaway Blockchain Fund I, L.P. → etc.); Viktor Fischer is the ultimate sole shareholder of one entity in the chain but disclaims beneficial ownership except for pecuniary interest.
  • F3: The pre-funded warrants reported are immediately exercisable at $0.05 per share and cover up to 4,611,111 Class B shares.
• Filing timeliness: Form 4 filed Apr 7 reporting an Apr 3 transaction (within typical Form 4 reporting window; filing does not indicate lateness code).

Context

• This was an exercise of pre-funded warrants (a conversion of a derivative into shares at a set exercise price), not an open‑market purchase or sale of the newly issued shares. The derivative disposal entry reflects the cancellation/transfer of the warrant upon exercise.
• No sale of the acquired shares was reported on this Form 4. The filing also notes Fischer resigned as a director effective April 5, 2026.