Sono Group (SSM) 10% Owner Sells 20,091 Shares

What Happened

• Bambino 255 V V UG haftungsbeschraenkt, reported as a 10% owner of Sono Group N.V. (SSM), sold a total of 20,091 shares on Aug 10, 2026 in multiple open-market/private-sale transactions. The sales consisted of 5,501 shares at $3.02 ($16,613), 5,000 at $3.25 ($16,250), 2,624 at $3.30 ($8,659), 5,000 at $3.35 ($16,750), and 1,966 at $3.45 ($6,783), for combined proceeds of approximately $65,055. These were outright sales (S), which are generally routine disposals rather than bullish purchases.

Key Details

• Transaction date: Aug 10, 2026 (all trades executed same day)
• Prices and volumes: 5,501 @ $3.02; 5,000 @ $3.25; 2,624 @ $3.30; 5,000 @ $3.35; 1,966 @ $3.45
• Total shares sold: 20,091; total proceeds: ~$65,055
• Transaction code: S = Sale (open market or private sale per filing)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes disclosed in the supplied data
• Filing timeliness: Form filed Aug 12, 2026 (two days after the trades), which is within the standard two-business-day Form 4 reporting window

Context

• As a reported 10% owner, Bambino 255 is an institutional/large-holder entity rather than a company executive; such holders may sell for portfolio or liquidity reasons rather than reflecting management's view of the company. This filing documents sales only — purchases tend to be more informative about insider confidence. The multiple trades and price range indicate the shares were sold in several blocks throughout the same day.