Fragelli Henrique Camossa Saldanha 4

What Happened
Fragelli Henrique Camossa Saldanha, Chief Risk Officer of Nu Holdings Ltd. (NU), had 11,991 Class A ordinary shares disposed of on April 23, 2026 to satisfy tax withholding obligations. The reported per‑share value was $14.44, for a total of $173,150. This was a tax‑withholding disposition (transaction code F), not an open‑market sale.

Key Details

• Transaction date: 2026-04-23; filing date: 2026-04-27 (timely — filed within the Form 4 reporting window).
• Price: $14.44 per share; Shares disposed: 11,991; Total value: $173,150.
• Shares owned after transaction: Not specified in the information provided in your prompt.
• Footnotes:
  • F1: The filing notes inclusion of 992.942 Class A shares underlying unvested Restricted Share Units (RSUs) from prior grants; each RSU represents a contingent right to one share and remains subject to continued service through vesting.
  • F2: The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
• Transaction code meaning: F = payment of exercise price or tax liability (share withholding to cover taxes).

Context
Tax‑withholding dispositions are routine when RSUs vest: the company withholds (or the insider surrenders) shares to satisfy tax obligations. These transactions reflect tax mechanics rather than a directional bet on the stock, and should not be interpreted as a straightforward insider sale signal.