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Sportradar Group AG·4

May 19, 4:18 PM ET

Walder Marc 4

Research Summary

AI-generated summary

Updated

Sportradar SRAD Director Marc Walder Receives Award; 479 Shares Withheld

What Happened
Marc Walder, a director of Sportradar Group AG (SRAD), had 479 restricted share units (RSUs) withheld by the issuer to satisfy tax withholding obligations upon vesting. The withholding was recorded at $12.49 per share, for a total value of $5,983. This was not an open-market sale — shares were retained by the company to cover taxes.

Key Details

  • Transaction date: 2026-05-15. Filing date: 2026-05-19 (timely).
  • Withheld shares: 479 at $12.49 per share; total value ≈ $5,983.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: The issuer withheld shares to satisfy tax withholding on RSU vesting; no shares were sold in the market. (Footnote F1)
  • Transaction type code: F (tax withholding on vested equity), not a purchase or market sale.

Context
Withholding shares to cover taxes on vested RSUs is a common, administrative action and does not necessarily indicate insider sentiment about the company. This was a cashless tax-withholding event (issuer-retained shares), not a cash sale or new purchase.