Opera (OPRA) Director Lori Naess Receives 4,079 ADS Award

What Happened

• Naess Lori Wheeler (Lori Naess), a director of Opera Ltd (OPRA), received 4,079 American Depositary Shares (ADSs) on 2026-08-30. The filing reports the acquisition as an award/grant (code A) with an acquisition price of $0, for a reported total value of $0. This was an RSU vesting event (not an open-market purchase or sale), so it is an award rather than a bullish purchase.

Key Details

• Transaction date: 2026-08-30; Filing date: 2026-08-31 (timely).
• Transaction type: Award/Grant (A) — 4,079 ADSs acquired at $0.00 per ADS.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes:
  • F1: Each ADS represents one ordinary share of the issuer.
  • F2: ADSs were acquired upon vesting of RSUs that had previously been subject to a discretionary cancellation option.
• Section 16(b) note: Opera is a foreign private issuer; under Rule 3a12-3(b) the reporting person is exempt from Section 16(b) short-swing profit recovery.

Context

• This transaction reflects RSU vesting (an award), not a market purchase or sale. Awards like this are common as part of executive/director compensation and do not by themselves indicate buying or selling sentiment.
• The filing shows acquisition price $0 because the shares were issued upon vesting; any tax-withholding or subsequent disposition would be reported separately if and when they occur.