Rauch Helmut 4/A

What happened

• Helmut Rauch, COO of Gebr. Schmid GmbH (reported as an insider of SCHMID Group N.V. - SHMD), had shares withheld to satisfy tax obligations arising from equity awards. On May 23, 2026 he was granted two awards (34,591 and 24,000 ordinary shares). On May 28, 2026 the issuer credited 31,166 shares to his account and withheld 27,425 shares to cover taxes.
• The filing reports two disposition entries (code F for tax withholding): 16,191 shares were withheld at $5.86 per share (total value reported $94,955) and 11,234 shares were withheld at $0.00 (total $0 reported). This is an amended Form 4, filed June 1, 2026.

Key details

• Transaction date: May 28, 2026 (awards originally granted May 23, 2026)
• Withheld to pay taxes: 27,425 shares total (16,191 @ $5.86 = $94,955; 11,234 @ $0.00 = $0)
• Shares credited to insider’s account: 31,166 shares (18,400 + 12,766)
• Footnotes: Awards were bonus/compensation for management services (FY2023 and other compensation); withholding was done by the issuer to satisfy tax obligations (codes F1 and F2).
• Shares owned after transaction: not disclosed in this amended filing.
• Timeliness: Amended Form 4 filed June 1, 2026 for May 28 transactions; filing appears within the required reporting window.

Context

• These entries reflect tax withholding on equity awards (a routine administrative disposition), not an open-market sale that signals a deliberate investment decision. For retail investors, purchases are typically more informative than tax-withholding disposals.