SCHMID Group N.V.·4/A

Jun 1, 7:39 AM ET

Schmid Anette 4/A

4/A · SCHMID Group N.V. · Filed Jun 1, 2026

Research Summary

AI-generated summary of this filing

Updated

SCHMID (SHMD) 10% Owner Schmid Anette Withholds 11,136 Shares for Taxes

What Happened
Schmid Anette, a 10% owner of SCHMID Group N.V. (SHMD), had 11,136 ordinary shares withheld by the company on May 28, 2026 to satisfy the tax obligation arising from a bonus award. The shares were valued at $5.86 each, totaling $65,309. The bonus award consisted of 24,247 shares received May 23, 2026; 13,111 shares were credited to her account and 11,136 were withheld for taxes.

Key Details

  • Transaction date: 2026-05-28 (reported on an amended Form 4 filed 2026-06-01). Filing appears to be timely.
  • Transaction type/code: Tax withholding to satisfy tax liability (code F). Reported as "Disposed" of 11,136 shares.
  • Price per share: $5.86; total value withheld: $65,309.
  • Shares after transaction: 13,111 ordinary shares credited to the reporting person’s account (of the 24,247 awarded).
  • Footnote: The 24,247 shares were awarded as bonus compensation for fiscal year 2023; the withholding is to pay related taxes.

Context
Tax-withholding via share retention is a routine administrative step when companies grant stock awards; it is not an open-market sale that necessarily signals insider sentiment. This was not a purchase — it’s effectively a cashless way to cover tax withholding on a bonus grant to the insider.

Insider Transaction Report

Form 4/AAmended
Period: 2026-05-28
Schmid Anette
Director10% Owner
Transactions
  • Tax Payment

    Ordinary Shares

    [F1]
    2026-05-28$5.86/sh11,136$65,30913,111 total
Footnotes (1)
  • [F1]On May 23, 2026, the Reporting Person received 24,247 Ordinary Shares as bonus compensation due to them for their work in a management capacity for the Issuer in fiscal year 2023. The Reporting Person holds these securities directly. On May 28, 2026 13,111 Ordinary Shares were credited into the Reporting Persons account and 11,136 Ordinary Shares were withheld by the Issuer to pay the tax obligation arising from the receipt by the Reporting Person of 24,247 Ordinary Shares as bonus compensation.
Signature
Karl Reismueller as attorney in fact as for Anette Schmid|2026-06-01

Documents

2 files