Schmid Christian Mathias 4/A

What Happened
Christian Mathias Schmid, CEO of SCHMID Group N.V. (SHMD), received 37,150 ordinary shares as bonus compensation for fiscal year 2023. To satisfy the tax obligation from that award, 18,975 shares were withheld by the issuer (disposed) at an implied price of $5.86 per share for a total value of $111,283; 18,175 shares were credited to Schmid’s account.

Key Details

• Transaction date: May 28, 2026 (reported in an amended Form 4 filed June 1, 2026).
• Transaction code: F (tax withholding to satisfy tax liability); 18,975 shares withheld/disposed at $5.86 = $111,283.
• Shares retained/credited to insider: 18,175 Ordinary Shares were credited to Schmid’s account and are held directly.
• Origin of shares: 37,150 shares were granted as bonus compensation for work performed in fiscal year 2023 (per footnote).
• Filing status: This is an amended Form 4 (correction or update filed June 1, 2026).

Context
This was not an open‑market sale; the shares were withheld by the company to cover withholding tax on a stock bonus (a common corporate practice). Such tax‑withholding disposals do not necessarily reflect the insider’s decision to sell shares for cash and are routine following equity awards.