Koerl Carsten 4

What Happened Carsten Koerl, CEO of Sportradar Group AG (SRAD), reported open-market purchases (transaction code P) totaling 340,000 shares across two days. On 2026-05-04 he acquired 182,000 shares at a weighted-average price of $13.38 (≈ $2,435,160), and on 2026-05-05 he acquired 158,000 shares at a weighted-average price of $13.40 (≈ $2,117,200). Combined, the purchases cost about $4.55 million. These were outright buys (a purchase signal), not sales or derivative exercises.

Key Details

• Transaction dates: 2026-05-04 (182,000 shs @ $13.38 WA) and 2026-05-05 (158,000 shs @ $13.40 WA).
• Reported totals: 182,000 shares ≈ $2,435,160; 158,000 shares ≈ $2,117,200; combined ≈ $4,552,360.
• Footnotes: F1 notes the $13.38 WA reflects multiple trades priced between $13.01 and $13.95; F2 notes the $13.40 WA reflects multiple trades priced between $13.23 and $13.49. The filer will provide a breakdown on request.
• Shares owned after transaction: Not disclosed in the excerpt provided (check the full Form 4 for post-transaction ownership).
• Timeliness: Form 4 was filed on 2026-05-06 for trades on 05-04 and 05-05; the filing appears timely (no late filing indicated).

Context

• Code P = purchase (open-market or private purchase); these are straightforward acquisitions rather than option exercises or awards.
• Purchases by executives can be interpreted by investors as a positive signal but do not prove future performance; this summary is factual and does not speculate on motivation.