Coelho Ribeiro Erico 4

What Happened Erico Coelho Ribeiro, a Vice President at Afya Ltd (AFYA), had 10,200 restricted stock units (RSUs) convert into common shares on or about May 7, 2026. Of those shares, 2,805 were withheld to satisfy tax withholding at $14.41 per share, totaling $40,420. After withholding, Ribeiro received a net 7,395 common shares. The RSU conversion shows a $0 exercise price because these were time-based RSUs, not stock options.

Key Details

• Transaction date reported: May 7, 2026; Form 4 filed May 11, 2026 (no late-filing flag noted in the report).
• RSUs vested/converted: 10,200 shares.
• Shares withheld for taxes: 2,805 shares at $14.41 each, total $40,420.
• Net shares issued to insider: 7,395 shares.
• Footnotes: RSUs convert 1-for-1 to common shares; 10,200 RSUs vested on May 5, 2026. Remaining RSUs vest May 1, 2027, subject to continued service and there is no expiration date on the RSUs.
• Ownership after transaction: the report shows net issuance of 7,395 shares to Ribeiro; total holdings after the transaction were not specified in the provided data.

Context This was a routine RSU vesting event with shares withheld to cover tax obligations (a common, non-market-sale transaction). The filing reflects conversion of equity awards rather than an open-market purchase or sale that would more directly signal insider sentiment.