Director at Sportradar (SRAD) receives 13,167-share RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KURTZ WILLIAM reported acquisition or exercise transactions in this Form 4 filing.
Sportradar Group AG director William Kurtz received a share-based compensation award. He was granted 13,167 Class A Ordinary Shares in the form of restricted share units at a stated price of $0.00 per share. After this grant, he holds 41,478 Class A Ordinary Shares directly.
The RSUs will vest on May 20, 2027, meaning Mr. Kurtz will receive one Class A Ordinary Share for each unit that vests at that time, subject to the award’s terms and conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KURTZ WILLIAM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 13,167 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 41,478 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 13,167 shares
Transaction price: $0.00 per share
Post-grant holdings: 41,478 shares
+1 more
4 metrics
RSU grant size
13,167 shares
Restricted share units awarded to director
Transaction price
$0.00 per share
Stated price for RSU grant
Post-grant holdings
41,478 shares
Total Class A Ordinary Shares held directly after grant
Vesting date
May 20, 2027
RSUs convert into Class A Ordinary Shares on this date
Key Terms
restricted share units ("RSUs"), Class A Ordinary Shares, vest
3 terms
vest financial
"Represents an award of restricted share units ("RSUs") that will vest on May 20, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Sportradar (SRAD) director William Kurtz report in this Form 4 filing?
William Kurtz reported receiving 13,167 Class A Ordinary Shares as a restricted share unit award. The RSUs represent share-based compensation rather than a market purchase, and they increase his direct holdings to 41,478 Class A Ordinary Shares.
Is the Sportradar (SRAD) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. Code "A" indicates a grant or award, and the 13,167 Class A Ordinary Shares were awarded at $0.00 per share as restricted share units that will vest in the future.
When do William Kurtz’s new Sportradar (SRAD) RSUs vest?
The restricted share units granted to William Kurtz vest on May 20, 2027. On that date, each RSU converts into one Class A Ordinary Share, assuming vesting conditions are met, giving him full ownership of the underlying shares at that time.