Junior Lelio de Souza 4

What Happened
Junior Lelio de Souza, Vice President of Afya Ltd (AFYA), sold 16,279 shares on April 9, 2026 at $14.53 per share, generating proceeds of approximately $236,534. This was a sale (code S) reported on a Form 4; sales are often routine insider liquidity events and do not by themselves signal the insider's view of the company's long-term prospects.

Key Details

• Transaction date: April 9, 2026; Price: $14.53 per share; Shares sold: 16,279; Proceeds: ~$236,534.
• Report filed: Form 4 submitted on April 10, 2026 (timely filing).
• Transaction type: Reported as an open-market sale (S).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the information supplied.

Context
For retail investors, purchases by insiders can be a stronger bullish signal than sales. Sales like this can reflect personal liquidity needs, diversification, or routine selling and should be interpreted alongside other insider trades and company fundamentals.