Fleet George 4
Research Summary
AI-generated summary
Sportradar (SRAD) Director George Fleet Withholds 2,346 Shares for Taxes
What Happened
George Fleet, a director of Sportradar Group AG (SRAD), had 2,346 restricted share units (RSUs) withheld to satisfy tax withholding obligations related to RSU vesting. The withholding was recorded at $12.49 per share for a total value of $29,302. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-05-15; Filing date: 2026-05-19 (filed within the 2-business-day Form 4 window).
- Shares withheld/disposed: 2,346 shares at $12.49 each; total value $29,302.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: The filing notes (F1) that shares were withheld by the issuer to satisfy tax withholding on RSU vesting and that no shares were sold in the market as a result.
- Transaction code: F (payment of exercise price or tax liability via share withholding).
Context
This was a routine tax-withholding action associated with RSU vesting—effectively the company retained a portion of vested shares to cover taxes. Because no shares were sold on the open market, this does not reflect an active market sale and is generally considered administrative rather than a signal about the director’s view of the stock.