Koerl Carsten 4
Research Summary
AI-generated summary
Sportradar (SRAD) CEO Carsten Koerl Buys Stock
What Happened
Carsten Koerl, CEO of Sportradar Group AG, made two open-market purchases (Form 4) totaling 254,100 ordinary shares for about $3,342,856. On 2026-04-30 he acquired 111,100 shares at a reported weighted-average price of $13.06 (total $1,450,966). On 2026-05-01 he acquired 143,000 shares at a reported weighted-average price of $13.23 (total $1,891,890). These were purchases (a buy), which investors often view as a more positive signal than sales.
Key Details
- Transaction dates: 2026-04-30 (111,100 shares) and 2026-05-01 (143,000 shares).
- Reported prices/values: $13.06 (WA) for the 4/30 purchase = $1,450,966; $13.23 (WA) for the 5/1 purchase = $1,891,890; combined ≈ $3.34M.
- Footnotes: Price columns are weighted averages. 4/30 trades were executed across prices from $12.445 to $13.18 (F1). 5/1 trades ranged $13.11 to $13.40 (F2). The filer will provide per-trade pricing on request.
- Filing: Form 4 filed with the SEC on 2026-05-04 (Accession 0001104659-26-054872). The filing does not state total shares beneficially owned after these transactions.
Context
These were straightforward open-market purchases (transaction code P), not option exercises, awards, or gifts. The filing is factual—no motive is stated. Purchases by a CEO can be interpreted by some investors as a sign of confidence, but they do not guarantee future stock performance.