Ramanathan Rajani 4
Research Summary
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Sportradar (SRAD) Director Rajani Withholds 1,868 Shares for Taxes
What Happened Ramanathan Rajani, a director of Sportradar Group AG (SRAD), had 1,868 restricted shares withheld on May 15, 2026 to satisfy tax withholding in connection with the vesting of RSUs. The withholding was at $12.49 per share, totaling $23,331. This was an issuer withholding to cover taxes (transaction code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-05-15 at $12.49 per share.
- Shares withheld / disposed: 1,868 shares; proceeds/value associated with the withholding = $23,331.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnote: Issuer withheld shares to satisfy tax withholding obligations for RSU vesting; no shares were sold in the market (F1).
- Filing: Form 4 filed with the SEC on 2026-05-19 (Accession: 0001104659-26-063839).
Context This filing reflects routine tax withholding tied to RSU vesting, not a market sale. Withholdings to cover taxes are common and generally don’t signal a director’s buying or selling sentiment. Purchases or open-market sales tend to be more informative about insider conviction than tax-related withholdings.