Bellvis Enrique Selva 4

What Happened
Enrique Selva Bellvis, Chairman of Turbo Energy, S.A. and a reported 10% owner, made a purchase (Form 4 code P) of 9,500 American Depositary Shares (ADS) on May 29, 2026 at $1.09 per ADS, for a total reported cash outlay of $10,355. Each ADS represents five ordinary shares, so the 9,500 ADS correspond to 47,500 ordinary shares.

Key Details

• Transaction date and price: May 29, 2026 — 9,500 ADS at $1.09 each (total $10,355). Reported as a purchase (P).
• Holdings after transaction: Reported ownership equals 41,629,525 ordinary shares (this total includes the 9,500 ADS, which represent 47,500 ordinary shares), per the filing.
• Footnotes of note:
  • F1: One ADS = five ordinary shares.
  • F2: Ownership structure: the reported holdings reflect relationships with Umbrella Global Energy S.A. (a Spanish public company) and Crocodile Investment, S.L.U.; Mr. Bellvis is Chairman of Turbo Energy, personally owns 23.21% of Umbrella Global, and is the sole owner of Crocodile Investment.
• Filing timeliness: The Form 4 was filed July 6, 2026 for a May 29 transaction — this appears to be later than the typical two-business-day reporting window.

Context
This was a straightforward buy of ADS (not an option exercise or award). For retail investors, purchases by insiders can be useful signals but do not by themselves prove future performance. Note Mr. Bellvis is both an executive (Chairman) and part of a significant ownership structure through related entities, per the footnotes.