Sweden Diversified Retail

Refine Group AB (publ) (REFINE)

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Track

Refine Group AB experienced significant insider trading activity throughout March 2026. CEO Ludvig Neset and Deputy CEO Jacob Stenberg executed multiple buy orders, with the most recent transaction occurring on March 25, 2026. These acquisitions reflect a concentrated period of purchasing by top leadership following the company's latest earnings report.
Ticker: REFINE Exchange: STO
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• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Buy signal Sell signal Earnings
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Insider trades have triggered activity signals for Refine Group AB (publ). Upgrade to see score, net flow, insiders and the full signal context.

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Top insiders
Trades
Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other
Jacob Stenberg Deputy CEO/Deputy Managing Director, Member of the Board of Directors
Transaction date
Purchase
Price
85.87
Quantity 60,783
Value SEK1,320,532
Jacob Stenberg Deputy CEO/Deputy Managing Director, Member of the Board of Directors
Transaction date
Purchase
Price
354.96
Quantity 69,481
Value SEK1,221,762
Ludvig Neset Chief Executive Officer (CEO)/Managing Directory Officer
Transaction date
Purchase
Price
300.08
Quantity 10,112
Value SEK1,197,894
Jacob Stenberg Deputy CEO/Deputy Managing Director, Member of the Board of Directors
Transaction date
Purchase
Price
0.24
Quantity 500,000
Value SEK117,500
Ludvig Neset Chief Executive Officer (CEO)/Managing Directory Officer
Transaction date
Purchase
Price
0.24
Quantity 420,266
Value SEK100,864
Jacob Stenberg Deputy CEO/Deputy Managing Director, Member of the Board of Directors
Transaction date
Purchase
Price
0.29
Quantity 940,452
Value SEK272,731
Ludvig Neset Chief Executive Officer (CEO)/Managing Directory Officer
Transaction date
Purchase
Price
0.26
Quantity 779,629
Value SEK202,704
Jacob Stenberg Deputy CEO/Deputy Managing Director, Member of the Board of Directors
Transaction date
Purchase
Price
0.27
Quantity 922,221
Value SEK249,000
1.1
Christer Karlsson Chief Financial Officer (CFO) Officer
Through Karpau AB, a closely affiliated person
Transaction date
Purchase
Price
1.28
Quantity 12,724
Value SEK16,223
0.6
David Wallinder Holding AB Chief Executive Officer (CEO)/Managing Directory Officer
Through a closely affiliated person
Transaction date
Purchase
Price
1.62
Quantity 462,392
Value SEK750,000
1.4
Karpau AB Chief Financial Officer (CFO) Officer
Through a closely affiliated person
Transaction date
Purchase
Price
1.47
Quantity 162,276
Value SEK237,734
1.4
Karpau AB Chief Financial Officer (CFO) Officer
Through a closely affiliated person
Transaction date
Sale
Price
1.47
Quantity 162,276
Value SEK237,734
1.4
Karpau AB Chief Financial Officer (CFO) Officer
Through a closely affiliated person
Transaction date
Purchase
Price
1.51
Quantity 22,000
Value SEK33,308
1.1
Christer Karlsson Chief Financial Officer (CFO) Officer
Through Karpau AB, a closely affiliated person
Transaction date
Purchase
Price
0.02
Quantity 3,055,043
Value SEK57,129
0.5
David Wallinder Chief Executive Officer (CEO)/Managing Directory Officer
Through David Wallinder Holding AB, a closely affiliated person
Transaction date
Purchase
Price
0.02
Quantity 910,079
Value SEK19,958
0.6
David Wallinder Holding AB Chief Executive Officer (CEO)/Managing Directory Officer
Through a closely affiliated person
Transaction date
Purchase
Price
0.02
Quantity 286,885
Value SEK6,848
1.4
Karpau AB Chief Financial Officer (CFO) Officer
Through a closely affiliated person
Transaction date
Purchase
Price
0.02
Quantity 1,944,957
Value SEK44,734
Notification date Transaction date B/S Transaction type Insider and/or position Nb. shares
Price
Value 		Number of shares Price Value Details
2026-03-25 2026-03-25 B Purchase
Jacob Stenberg

Deputy CEO/Deputy Managing Director, Member of the Board of Directors
60,783
85.87
SEK1,320,532 		60,783 85.87 SEK1,320,532
2026-03-25 2026-03-24 B Purchase
Jacob Stenberg

Deputy CEO/Deputy Managing Director, Member of the Board of Directors
69,481
354.96
SEK1,221,762 		69,481 354.96 SEK1,221,762
2026-03-19 2026-03-19 B Purchase
Ludvig Neset

Chief Executive Officer (CEO)/Managing Directory

Officer
10,112
300.08
SEK1,197,894 		10,112 300.08 SEK1,197,894
2026-03-17 2026-03-17 B Purchase
Jacob Stenberg

Deputy CEO/Deputy Managing Director, Member of the Board of Directors
500,000
0.24
SEK117,500 		500,000 0.24 SEK117,500
2026-03-12 2026-03-12 B Purchase
Ludvig Neset

Chief Executive Officer (CEO)/Managing Directory

Officer
420,266
0.24
SEK100,864 		420,266 0.24 SEK100,864
2026-03-06 2026-03-06 B Purchase
Jacob Stenberg

Deputy CEO/Deputy Managing Director, Member of the Board of Directors
940,452
0.29
SEK272,731 		940,452 0.29 SEK272,731
2026-03-05 2026-03-05 B Purchase
Ludvig Neset

Chief Executive Officer (CEO)/Managing Directory

Officer
779,629
0.26
SEK202,704 		779,629 0.26 SEK202,704
2026-03-05 2026-03-05 B Purchase
Jacob Stenberg

Deputy CEO/Deputy Managing Director, Member of the Board of Directors
922,221
0.27
SEK249,000 		922,221 0.27 SEK249,000
2024-06-18 2024-06-18 B Purchase
1.1
Christer Karlsson

Chief Financial Officer (CFO)

Through Karpau AB, a closely affiliated person Officer
12,724
1.28
SEK16,223 		12,724 1.28 SEK16,223
2024-06-14 2024-06-13 B Purchase
0.6
David Wallinder Holding AB

Chief Executive Officer (CEO)/Managing Directory

Through a closely affiliated person Officer
462,392
1.62
SEK750,000 		462,392 1.62 SEK750,000
2024-05-27 2024-05-24 B Purchase
1.4
Karpau AB

Chief Financial Officer (CFO)

Through a closely affiliated person Officer
162,276
1.47
SEK237,734 		162,276 1.47 SEK237,734
2024-05-27 2024-05-24 S Sale
1.4
Karpau AB

Chief Financial Officer (CFO)

Through a closely affiliated person Officer
162,276
1.47
SEK237,734 		162,276 1.47 SEK237,734
2024-05-27 2024-05-23 B Purchase
1.4
Karpau AB

Chief Financial Officer (CFO)

Through a closely affiliated person Officer
22,000
1.51
SEK33,308 		22,000 1.51 SEK33,308
2023-09-13 2023-09-13 B Purchase
1.1
Christer Karlsson

Chief Financial Officer (CFO)

Through Karpau AB, a closely affiliated person Officer
3,055,043
0.02
SEK57,129 		3,055,043 0.02 SEK57,129
2023-08-29 2023-08-28 B Purchase
0.5
David Wallinder

Chief Executive Officer (CEO)/Managing Directory

Through David Wallinder Holding AB, a closely affiliated person Officer
910,079
0.02
SEK19,958 		910,079 0.02 SEK19,958
2023-08-29 2023-08-25 B Purchase
0.6
David Wallinder Holding AB

Chief Executive Officer (CEO)/Managing Directory

Through a closely affiliated person Officer
286,885
0.02
SEK6,848 		286,885 0.02 SEK6,848
2023-08-25 2023-08-25 B Purchase
1.4
Karpau AB

Chief Financial Officer (CFO)

Through a closely affiliated person Officer
1,944,957
0.02
SEK44,734 		1,944,957 0.02 SEK44,734
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