Walder Marc 4
Research Summary
AI-generated summary
Sportradar (SRAD) Director Marc Walder Receives Award
What Happened
- Marc Walder, a director of Sportradar Group AG (SRAD), received an award of 13,167 restricted share units (RSUs) on May 20, 2026. The filing reports the acquisition at $0.00 per unit (code A — award/grant), so no cash changed hands at grant.
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 21, 2026 (timely filing).
- Security: RSUs representing a contingent right to one Class A Ordinary Share each; 13,167 RSUs granted.
- Reported price/value: $0.00 per unit in the Form 4 (typical for RSU grants).
- Vesting: Per footnote, the RSUs will vest on May 20, 2027, at which point each RSU converts to one Class A Ordinary Share if vesting conditions are met.
- Shares owned after transaction: Not specified in the filing.
- Transaction code: A (award/grant); not a purchase or sale.
Context
- RSU grants are a common form of compensation and do not convey immediate marketable shares until vesting; they are contingent on remaining service or other vesting conditions. This award should be viewed as part of compensation rather than an immediate insider buy/sell signal.