<p>Muhammad Alam, a member of the Executive Board at SAP SE, has sold shares to cover taxes and duties as part of participation in the SAP employee share program ‘MOVE SAP’. The transaction involved the sale of shares at a price of EUR 208.06 per share, with a total value of approximately EUR 232,357. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SAP SE published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: dd_102454_de), on December 15, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)</p>

<p>Muhammad Alam, an Executive Board member at SAP SE, sold shares worth €232,356.97 to cover taxes under the SAP employee share program 'MOVE SAP'. The shares were sold at €208.06 each. This transaction was reported by SAP SE via EQS News on December 15, 2025.</p>

SAP SE Executive Board Member Muhammad Alam Sells SAP Shares Worth €232,356.97 to Cover Taxes Under Employee Program