Iglesias Sanchez Oscar 4

What Happened
Oscar Iglesias (Director) reported an open-market/private sale of 432 shares of Codere Online Luxembourg, S.A. (CDRO) on 2026-06-02. The weighted-average price was $10.01, for total gross proceeds of approximately $4,325. This was a sale (not a purchase or option exercise) and sales are often routine transactions rather than a clear signal of company outlook.

Key Details

• Transaction date: 2026-06-02; Filing date: 2026-06-04 (filed within the typical 2‑business-day Form 4 window).
• Transaction type: Sale (S) — described as open market or private sale.
• Shares sold: 432; Weighted-average price reported: $10.01; Approximate proceeds: $4,325.
• Price range: The filing notes the reported price is a weighted average; shares were sold at prices ranging from $10.00 to $10.13 (footnote F1). Full breakdown by price is available on request to the issuer or SEC staff.
• Shares owned after transaction: Not disclosed in this filing.
• No 10b5-1 plan, option exercise, gift, or tax-withholding event is identified in the filing.

Context

• A single small sale like this is common among insiders and does not, by itself, indicate company performance or insider sentiment.
• Purchases generally carry more weight for signaling than routine sales; this report documents a small divestiture only.