KURTZ WILLIAM 4

What Happened

• William Kurtz, a director of Sportradar Group AG (SRAD), had 1,868 shares withheld by the company on May 15, 2026 to satisfy tax withholding obligations related to vested restricted share units (RSUs). The withholding is reported as a disposition (code F) at $12.49 per share, totaling approximately $23,331. This was an administrative tax-withholding event, not an open-market sale.

Key Details

• Transaction date: 2026-05-15
• Report filed: 2026-05-19 (filed 4 days after the transaction; Form 4s are typically required within 2 business days, so this filing was late)
• Shares withheld/disposed: 1,868 at $12.49 each; total value ≈ $23,331
• Footnote: F1 — issuer withheld shares to satisfy tax withholding on RSU vesting; no shares were sold in the market
• Shares owned after the transaction: Not specified in the provided filing excerpt

Context

• This was a tax-withholding (cashless) disposition tied to RSU vesting, not a voluntary sale in the open market—common for executives and directors when equity awards vest. Such withholdings are routine administrative actions and do not necessarily indicate a change in insider sentiment about the company.