SCHMID Group (SHMD) CFO Schuetz Receives Award, Sells Shares

What Happened
Arthur Josef Hermann Schuetz, CFO of SCHMID Group N.V. (SHMD), was granted 24,000 management incentive shares on 2026-09-30 at $4.51 per share (total value $108,240) and on the same date sold 11,394 shares at $4.51 ($51,387). The sale was executed to satisfy tax withholding obligations triggered by the vesting of the awarded shares.

Key Details

• Transaction date: 2026-09-30; Price per share: $4.51 for both grant and sale.
• Award: 24,000 shares granted (reported as acquisition, code A).
• Sale: 11,394 shares disposed (reported as sale, code S); sale proceeds $51,387.
• Footnote: The sale was a "sell-to-cover" to satisfy tax withholding on the vested awards (Footnote F1).
• Shares owned after the transactions: Not disclosed in the Form 4 filing.
• Filing date: 2026-10-01 — filed promptly (within required Form 4 timeframe).

Context
This was primarily an award (grant) of incentive shares to the CFO, with a partial sale solely to cover taxes on the vesting — a common, routine action that does not necessarily signal a change in insider sentiment. Grants indicate compensation/long-term alignment; sales to cover taxes are administrative and differ from discretionary open-market selling.