Sportradar Group AG·4

May 7, 4:10 PM ET

Koerl Carsten 4

Research Summary

AI-generated summary

Updated

Sportradar (SRAD) CEO Carsten Koerl Buys 157,801 Shares

What Happened

  • Carsten Koerl, CEO of Sportradar Group AG (SRAD), purchased 157,801 shares in open-market transactions on 2026-05-06. The reported weighted-average price was $13.49 per share, for a total transaction value of approximately $2,128,735. This was a purchase (buy), which is generally considered a more informative signal than a routine sale.

Key Details

  • Transaction date: 2026-05-06; Form 4 filed: 2026-05-07 (timely; filed within one business day).
  • Transaction type: P = Purchase (open market/private purchase).
  • Shares purchased: 157,801 at a weighted-average price of $13.49; total ~ $2,128,735.
  • Price range: purchases were made in multiple trades at prices from $13.36 to $13.59 (footnote F1).
  • Shares owned after transaction: not disclosed in the details you provided (not reported here).
  • Notable footnote (F1): the $13.49 is a weighted average; the reporting person will provide per-trade price breakdown on request to the issuer, shareholders, or SEC staff.

Context

  • This filing reports straightforward open-market purchases by the CEO. Purchases can be viewed by investors as management putting personal capital into the company, but filings do not explain motivation. No option exercises, gifts, or tax-related withholdings are indicated in the provided information.