Iglesias Sanchez Oscar 4
4 · Codere Online Luxembourg, S.A. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Codere Online (CDRO) Director Oscar Iglesias Sanchez Sells Shares
What Happened Oscar Iglesias Sanchez, a director of Codere Online Luxembourg, S.A. (ticker: CDRO), sold 2,812 shares in open-market transactions on June 16, 2026. The sales totaled approximately $28,151, based on a reported weighted average price of $10.01 per share. This was a sale (not a purchase), which is often a routine liquidity event and not necessarily a signal about company prospects.
Key Details
- Transaction date: 2026-06-16 (reported on Form 4 filed 2026-06-18). Filing appears timely (filed within two business days of the trade).
- Reported price: weighted average $10.01; actual execution prices ranged from $10.00 to $10.10 (see footnote F1).
- Shares sold: 2,812; proceeds ≈ $28,151.
- Shares owned after transaction: not specified in the summary provided.
- Footnote: F1 states the reported price is a weighted average and that the shares were sold in multiple trades at prices between $10.00 and $10.10; the reporting person can provide a breakdown of amounts sold at each price on request.
Context Sales by directors can be for many reasons (diversification, personal liquidity, pre-set plans) and do not by themselves indicate management’s view of the company. For retail investors, purchases are generally more informative about insider confidence; this filing documents a routine sale.
Insider Transaction Report
- Sale
Ordinary Shares
[F1]2026-06-16$10.01/sh−2,812$28,151→ 118,387 total
Footnotes (1)
- [F1]The price reported is a weighted average price. The reported securities were sold in multiple transactions at prices ranging from $10.00 to $10.10. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.