FELENSTEIN CRAIG 4
Research Summary
AI-generated summary
Sportradar (SRAD) CFO Craig Felenstein Receives 39,583 Shares
What Happened
Craig Felenstein, Chief Financial Officer of Sportradar Group AG (SRAD), was issued 39,583 Class A ordinary shares on June 1, 2026 as the result of a performance share unit (PSU) award vesting. The shares were recorded at $0.00 per share (award conversion), so the transaction value is shown as $0. The issuance was net of shares withheld to satisfy the reporting person’s tax withholding obligations.
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-03. (Filed two days after the transaction.)
- Transaction type: Award/Grant (PSUs vested and converted to shares).
- Shares issued: 39,583; Price reported: $0.00; Total reported value: $0.
- Shares owned after transaction: Not disclosed on this Form 4.
- Footnote: The shares represent Class A shares underlying PSUs granted on June 1, 2024 and vested June 1, 2026, net of shares withheld for tax withholding (per footnote F1).
Context
This was a compensation-related vesting of performance-based equity (not an open-market purchase or sale). Such vested PSU conversions are routine executive compensation events and do not by themselves indicate a buy/sell sentiment. The filing appears timely (filed June 3 for a June 1 vesting).