SCHMID Group N.V.·4/A

Jun 1, 7:39 AM ET

Schmid Anette 4/A

Research Summary

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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.