Korolenko Andrey 4

What Happened
Andrey Korolenko, Chief Infrastructure Officer of Nebius Group N.V. (NBIS), sold 33,871 shares on July 1, 2026 at $235.45 per share, generating proceeds of approximately $7,974,927. The sale occurred upon vesting of restricted share units and was executed to cover estimated withholding taxes; the filing notes the sale was automatic under the RSU agreement and not a discretionary trade.

Key Details

• Transaction date and price: July 1, 2026 — 33,871 shares sold at $235.45/share.
• Total proceeds: ~$7,974,927.
• Transaction codes: S (Sale); related footnote indicates F (tax withholding via share sale).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Sale performed automatically upon RSU vesting solely to cover estimated withholding taxes; not a discretionary trade by the reporting person.
• Filing: Report filed July 6, 2026. The issuer is a foreign private issuer and the filing notes transactions are exempt from Sections 16(b) and 16(c) under the Act.

Context
Sales to cover tax withholding on vested awards are routine and typically reflect tax obligations rather than a deliberate change in sentiment about the company. Because Nebius is a foreign private issuer, these transactions are treated differently under Sections 16 rules and may not carry the same insider-reporting implications as domestic issuers.