Maimon Keren Kalima 4

What Happened
Maimon Keren Kalima, a reported 10% owner of Brera Holdings PLC (SLMT), purchased 1,149,000 Class B ordinary shares at $4.97 per share on May 21, 2026, for a total of $5,710,530. The acquisition was a purchase (transaction code P) and therefore represents an insider buy rather than a sale.

Key Details

• Transaction date and price: May 21, 2026 — 1,149,000 shares at $4.97 each.
• Total value: $5,710,530.
• Method: Registered direct offering via a subscription agreement with the issuer (see footnote).
• Footnote: The Issuer and Reporting Person entered a subscription agreement for the registered direct offering to issue and sell the shares to the Reporting Person.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Reported on May 29, 2026 — 8 days after the transaction date (file appears to have been filed later than the 2-business-day Form 4 deadline).

Context
This was a direct subscription to newly issued shares in a registered offering rather than an open-market trade. As a 10% owner, Kalima is a significant shareholder; purchases by significant holders can be informative to retail investors, but filings simply report transactions and do not explain the purchaser’s motives.