Junior Lelio de Souza 4

What Happened

• Junior Lelio de Souza, Vice President of Afya Ltd (AFYA), had RSUs vest and convert into 16,200 common shares on May 7, 2026. To satisfy tax withholding, 4,455 of those shares were surrendered/sold at $14.41 per share for total proceeds of $64,197. Net to the insider after withholding: 11,745 shares retained.

Key Details

• Transaction date: May 7, 2026. Form filed May 11, 2026 (within standard reporting timeframe).
• Withheld/sold shares: 4,455 at $14.41 → $64,197.
• RSU conversions: 16,200 shares converted (two RSU grants combined).
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: RSUs convert one-for-one into common shares.
  • F2: One RSU grant vested as to 2,000 shares on May 5, 2026; remaining portions vest 4,000 / 6,000 / 8,000 on May 1 of 2027, 2028 and 2029, subject to continued service.
  • F3: A separate RSU grant vested as to 14,200 shares on May 5, 2026; remaining shares vest May 1, 2027, subject to continued service.
• Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = shares withheld/sold to cover tax liability.

Context

• This was a routine RSU vesting with shares withheld for tax obligations (a common, non-market-timing transaction), not an open-market buy or sell for cash beyond the withholding. No 10b5-1 plan or late filing was indicated in the filing.