Michael Kliger, Chief Executive Officer of LuxExperience B.V. (NASDAQ:LUXE), filed a Form 4 on November 6, 2026, disclosing the exercise of share options and the sale of a combined 48,788 ordinary shares on November 4, 2026.

Key Highlights

  • Two option exercises: Kliger exercised options covering 26,021 shares and 22,767 shares, both at an exercise price of $8.68 per share, on November 4, 2026.
  • Sale of 26,021 shares: Those shares were sold at $10.05 per share on November 4, 2026, leaving a direct balance of 0 shares from that tranche.
  • Sale of 22,767 shares: Those shares were sold at $10.01 per share on November 4, 2026, leaving a direct balance of 0 shares from that tranche.
  • Remaining derivative holdings: Following the transactions, Kliger held 137,075 share options (right to buy) directly, according to the filing.
  • Fully vested options: The filing notes that the options exercised are "fully vested and exercisable."
  • ADS equivalence: The filing states that each ordinary share is represented by one American Depositary Share.

Kliger's November 4, 2026 Option Exercise and Share Sale Transactions

According to the Form 4 filed with the SEC on November 6, 2026, Michael Kliger, identified as Chief Executive Officer of LuxExperience B.V., reported four transactions executed on November 4, 2026, involving ordinary shares of the issuer. Each ordinary share is represented by one American Depositary Share, as the filing notes.

In the first pair of transactions, Kliger exercised share options covering 26,021 ordinary shares at an exercise price of $8.68 per share (transaction code M), acquiring those shares directly. Those same 26,021 shares were then disposed of on the same date at $10.05 per share (transaction code S), resulting in a direct beneficial ownership of 0 shares following that tranche. In the second pair, Kliger exercised options covering 22,767 shares at the same $8.68 exercise price, then sold all 22,767 shares at $10.01 per share, again leaving a direct balance of 0 shares.

In Table II, covering derivative securities, the filing records that prior to the first exercise Kliger held share options with a $8.68 exercise price. After the 26,021-share option exercise on November 4, 2026, his remaining option holdings stood at 159,842. Following the separate 22,767-share option exercise reported with a transaction date of November 5, 2026 in Table II, the remaining derivative position declined to 137,075 share options. The filing states these options are "fully vested and exercisable." All reported holdings are listed as direct. No indirect beneficial ownership was reported.

What Was Disclosed

Michael Kliger, CEO of LuxExperience B.V., disclosed the exercise of share options and the same-day sale of a total of 48,788 ordinary shares on November 4, 2026, at prices of $10.05 and $10.01 per share, with 137,075 share options remaining after the transactions.