Soria Herandez Mariano 4
Research Summary
AI-generated summary
Turbo Energy (TURB) CEO Soria Herandez Mariano Buys & Sells Shares
What Happened Soria Herandez Mariano — listed as CEO, Interim CFO, General Manager and Director of Turbo Energy, S.A. (TURB) — made an open-market purchase of 4,300 American Depositary Shares (ADS) on 2026-05-28 at $1.16 per ADS for a total cost of $4,988. He then disposed of the same total amount (4,300 ADS) in two open-market sales: 2,877.7 ADS on 2026-06-01 at $1.61 ($4,633) and 1,422.3 ADS on 2026-06-08 at $1.64 ($2,333), bringing total sale proceeds to $6,966. The purchase was a direct acquisition (a more informative signal than routine selling); the subsequent transactions were sales.
Key Details
- Transactions:
- 2026-05-28: Purchase (P) — 4,300 ADS @ $1.16 each = $4,988
- 2026-06-01: Sale (S) — 2,877.7 ADS @ $1.61 each = $4,633
- 2026-06-08: Sale (S) — 1,422.3 ADS @ $1.64 each = $2,333
- Net for the period: total bought = 4,300 ADS; total sold = 4,300 ADS; proceeds minus purchase cost ≈ $1,978.
- Filing info: Form 4 filed 2026-07-06 (Accession 0001213900-26-075531) reporting period 2026-06-01. The filing appears later than the standard 2-business-day reporting window for Form 4s (i.e., filed late).
- Shares owned after the transactions: not provided in the details you supplied.
- Footnote: F1 — One American Depositary Share (ADS) represents five ordinary shares (par value €0.05 each).
Context
- These were straightforward open-market trades (P = purchase, S = sale). There is no indication here of option exercises, awards, gifts, or a 10b5-1 plan in the supplied data.
- Purchases by insiders can be of particular interest to retail investors because they represent a direct acquisition of stock; sales are common and can reflect many reasons unrelated to company prospects. The reported purchase was followed by sales that together matched the purchased amount during the reported period.