Codere Online Luxembourg, S.A.·4

Jun 23, 5:20 PM ET

Iglesias Sanchez Oscar 4

4 · Codere Online Luxembourg, S.A. · Filed Jun 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Codere Online (CDRO) Director Oscar Iglesias Sanchez Sells Shares

What Happened

  • Oscar Iglesias Sanchez, a director of Codere Online Luxembourg, S.A. (CDRO), sold 14,276 shares on June 18, 2026. The filing reports a weighted average sale price of $10.04, for total proceeds of approximately $143,260. The sale was reported as an open-market or private sale and occurred in multiple transactions.

Key Details

  • Transaction date: 2026-06-18
  • Price: weighted average $10.04; reported trade prices ranged $10.00–$10.10 (footnote states trades occurred at various prices within this range)
  • Shares sold: 14,276; proceeds ≈ $143,260
  • Shares owned after transaction: Not specified in the supplied filing excerpt
  • Filing date: 2026-06-23 — this appears to be one business day late for a Form 4 covering a 2026-06-18 trade (Form 4 is generally due within 2 business days)
  • Footnote: reporting person can provide details on the number of shares sold at each price within the $10.00–$10.10 range upon request

Context

  • This was a sale (a disposal of shares). Sales by insiders can be routine (diversification, liquidity, tax planning) and do not necessarily indicate a negative view of the company; purchases are generally more informative about an insider’s confidence. Oscar Iglesias Sanchez is a director — the filing does not indicate a 10% owner or an option exercise in this transaction.

Insider Transaction Report

Form 4
Period: 2026-06-18
Transactions
  • Sale

    Ordinary Shares

    [F1]
    2026-06-18$10.04/sh14,276$143,260104,111 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.
Signature
/s/ Yaiza Maria Rodriguez Robles, attorney-in-fact|2026-06-23

Documents

1 file
  • 4
    ownership.xmlPrimary

    FORM 4