FELENSTEIN CRAIG 4
4 · Sportradar Group AG · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Sportradar (SRAD) CFO Craig Felenstein Receives PSUs; 3,564 Shares Withheld
What Happened
Craig Felenstein, Chief Financial Officer of Sportradar Group AG (SRAD), had performance share units (PSUs) vest on June 30, 2026, resulting in the acquisition of 7,899 Class A shares (award code A). To satisfy tax withholding obligations related to the vesting, the issuer withheld/retained 3,564 shares (disposition code F) at an indicated per‑share value of $14.97, totaling $53,353. The withholding was done by the issuer and did not involve a market sale of shares.
Key Details
- Transaction dates and amounts:
- 2026-06-30 — Award/Acquisition (A): 7,899 shares @ $0.00 (PSUs vested; acquisition value reported as $0 for award line).
- 2026-06-30 — Withholding/Disposition (F): 3,564 shares @ $14.97 = $53,353 (shares withheld to cover taxes).
- Filing date: Form 4 filed 2026-07-02 (reports the June 30 transactions).
- Shares owned after the transactions: Not specified in the filing.
- Footnotes:
- F1: Withholding of shares by the issuer to satisfy tax obligations; no shares were sold in the open market.
- F2: The 7,899 shares reflect Class A shares underlying PSUs granted 6/30/2024 and deemed earned on 6/30/2026, net of withholding for taxes.
- No indication of a 10b5-1 plan or other trading plan in the provided details.
Context
This report reflects routine equity compensation vesting (PSUs) rather than an open‑market purchase or sale. The net effect is that Felenstein received vested shares but had a portion retained by the company to cover taxes — a common practice that does not necessarily signal insider sentiment about the stock.
Insider Transaction Report
- Tax Payment
Class A Ordinary Shares
[F1]2026-06-30$14.97/sh−3,564$53,353→ 240,092 total - Award
Class A Ordinary Shares
[F2]2026-06-30+7,899→ 247,991 total
Footnotes (2)
- [F1]Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with vesting of restricted share units ("RSUs"). No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.
- [F2]Represents Class A Ordinary Shares underlying performance share units ("PSUs"), determined to have been earned based on achievement of certain performance metrics pursuant to the terms and conditions of a PSU award that was granted on June 30, 2024 and vested on June 30, 2026, net of shares withheld to satisfy tax withholding obligations of the reporting person in connection with the vesting of such PSUs.