Guivisdalsky Deborah Frida 4

What happened Deborah Guivisdalsky, Chief Operating Officer of Codere Online Luxembourg, S.A. (CDRO), was awarded 7,000 Restricted Stock Units (RSUs) effective May 5, 2026. On the same date the company withheld 1,154 ordinary shares to satisfy tax-withholding obligations related to the RSU vesting; the withheld shares were valued at about $8.72 each for a total of $10,063. The RSU award itself was recorded as an acquisition at $0.00.

Key details

• Transaction dates: May 5, 2026 (award effective and withholding performed). Filing date: May 7, 2026 (covers period 2026-05-05) — appears timely.
• Award: 7,000 RSUs granted (reported as acquisition @ $0.00).
• Tax withholding: 1,154 shares withheld (reported as disposed) at $8.72 avg price, total ≈ $10,063. This withholding was done by the company to cover taxes, not a market sale by the insider (per footnote).
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • F1: RSUs were originally awarded Nov 7, 2024 and became effective upon filing a Form S-8 on May 5, 2026; RSUs vest equally on Dec 31, 2024, 2025 and 2026.
  • F2: Withheld shares represent tax withholding and do not constitute a sale by the reporting person.
  • F3: $8.72 is the 20-trading-day average price used to calculate withholding.

Context RSUs are a form of compensation that vest into ordinary shares over time; here the award vests in three equal installments (end of 2024, 2025 and 2026). The withholding of shares to satisfy taxes is a routine administrative action (a cashless withholding) and should not be interpreted as the insider selling stock in the open market.