Michael Kliger, Chief Executive Officer of LuxExperience B.V. (NASDAQ:LUXE), filed a Form 4 on November 4, 2026, disclosing option exercises and open-market sales of ordinary shares on November 2 and November 3, 2026.

Key Highlights

  • Option exercises: Kliger exercised share options covering 3,200 ordinary shares on November 2, 2026, and 15,037 ordinary shares on November 3, 2026, at an exercise price of $8.68 per share on both dates.
  • Shares sold: All 3,200 shares acquired on November 2 were sold the same day at $10.00 per share; all 15,037 shares acquired on November 3 were sold the same day at $10.01 per share.
  • Remaining direct holdings: Following both sales, Kliger's direct beneficial ownership of ordinary shares fell to 0 shares.
  • Remaining derivative holdings: After the two exercises, Kliger held 185,863 share options (right to buy) directly, according to the filing.
  • ADS equivalence: The filing notes that each ordinary share is represented by one American Depositary Share.
  • Options status: The filing states the options exercised are "fully vested and exercisable."

Kliger's Two-Day Option Exercise and Same-Day Sale Transactions

According to the Form 4 filed with the SEC, Michael Kliger, identified as Chief Executive Officer of LuxExperience B.V., reported two sets of back-to-back transactions across November 2 and November 3, 2026. On each date, Kliger used transaction code "M" to exercise share options at a price of $8.68 per share, then immediately disposed of the resulting ordinary shares in open-market sales coded "S."

On November 2, 2026, Kliger acquired 3,200 ordinary shares via option exercise and sold all 3,200 at $10.00 per share. On November 3, 2026, he acquired 15,037 ordinary shares through a second option exercise and sold all 15,037 at $10.01 per share. In both cases, the filing records his direct beneficial ownership of ordinary shares as 0 following each sale. The derivative securities table shows the total option position declining from 200,900 to 185,863 after the two exercises.

The filing notes that each ordinary share corresponds to one American Depositary Share. No indirect beneficial ownership of ordinary shares was reported. Kliger signed the form on November 4, 2026. No Rule 10b5-1 plan checkbox was indicated as checked in this filing.

What Was Disclosed

Michael Kliger, CEO of LuxExperience B.V., disclosed the exercise of a combined 18,237 share options at $8.68 per share and the same-day sale of all resulting ordinary shares on November 2 and November 3, 2026, leaving him with 185,863 remaining options and zero directly held ordinary shares.