Iglesias Sanchez Oscar 4

What Happened

• Oscar Iglesias Sanchez, a director of Codere Online Luxembourg, S.A. (CDRO), disposed of a total of 2,430 shares in two open-market sales. He sold 2,130 shares on 2026-06-12 at $10.00 each for $21,300, and 300 shares on 2026-06-15 at $10.00 each for $3,000, totaling $24,300. These transactions were sales (not purchases), which are often routine insider liquidity events rather than explicit positive signals about company prospects.

Key Details

• Transaction dates and prices: 2026-06-12 — 2,130 shares @ $10.00; 2026-06-15 — 300 shares @ $10.00.
• Total shares sold: 2,430; total proceeds: $24,300.
• Shares owned after transaction: not disclosed in the filing.
• Method: reported as open-market/private sale (Form 4 code S).
• Filing: Form 4 filed 2026-06-16, which is within the required two-business-day reporting window for these dates.
• No footnotes, 10b5-1 plan, tax-withholding, or option-exercise details were disclosed in the filing.

Context

• This report documents outright sales of common stock. Sales by directors can reflect routine portfolio management or liquidity needs; they do not necessarily indicate a change in view on the company. There were no option exercises, gifts, or awards reported in this filing.