Gibbon Virgilio Deloy Capobianco 4

4 · Afya Ltd · Filed May 11, 2026

AI-generated summary of this filing

Updated May 11, 2026

Afya (AFYA) CEO Gibbon Capobianco Exercises RSUs, Sells 16,225 Shares

What Happened

Gibbon Virgilio Deloy Capobianco (CEO) reported conversion/exercise of restricted stock units (RSUs) into common shares on May 7, 2026. A total of 59,000 shares were reported as acquired through conversion.
To satisfy tax withholding obligations, 16,225 of the newly issued shares were disposed (withheld/sold) at $14.41 per share, producing proceeds of $233,802.
Several additional conversion entries (9,000; 18,000; 32,000 shares) are reported at $0 and reflect the conversion/vesting of RSUs rather than open-market sales.

Key Details

Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (filed within the typical two-business-day window).
Sale for tax withholding: 16,225 shares at $14.41 = $233,802 (code F — payment of exercise price or tax liability).
Conversions/exercises: 59,000 shares reported acquired (code M); separate conversion entries of 9,000, 18,000 and 32,000 shares reported at $0 (code M) reflecting RSU conversions.
Footnotes: RSUs convert one-for-one into common shares (F1). Some RSUs fully vested on May 5, 2026 (F4); another RSU grant vested 9,000 shares on May 5, 2026 with remaining tranches scheduled to vest in May 2027–2029 subject to continued service (F3). GIBBOAT OVERSEAS LTD is controlled by the reporting person (F2).
Shares owned after the transactions: not disclosed in the excerpt of the filing provided.

Context

This was primarily a conversion/vesting event (RSUs becoming common shares). The 16,225-share disposition was a tax withholding routine (code F), not necessarily a market-directed sale; such withholdings are common when equity awards vest.
The multiple M-code entries at $0 reflect the mechanics of converting RSUs into shares rather than sales.

Form 4

Period: 2026-05-07

Chief Executive Officer

Transactions

Exercise/Conversion
Class A Common Share
[F1]
2026-05-07+59,000→ 167,448 total
Tax Payment
Class A Common Share
2026-05-07$14.41/sh−16,225$233,802→ 151,223 total
Exercise/Conversion
Restricted Stock Unit
[F1][F3]
2026-05-07−9,000→ 81,000 total
→ Class A Common Share (9,000 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1][F4]
2026-05-07−18,000→ 0 total
→ Class A Common Share (18,000 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1][F4]
2026-05-07−32,000→ 0 total
→ Class A Common Share (32,000 underlying)

Holdings

Footnotes (4)

[F1]Restricted stock units (the "RSUs") convert into common shares on a one-for-one basis.
[F2]GIBBOAT OVERSEAS LTD is solely owned and controlled by the Reporting Person.
[F3]The RSUs have no expiration date and vested as to 9,000 shares on May 5, 2026. The remaining RSUs will vest as to 18,000, 27,000 and 36,000 shares on the first day of May in 2027, 2028 and 2029, respectively, subject to the Reporting Person's continued service through the applicable vesting dates.
[F4]The RSUs have no expiration date and fully vested on May 5, 2026.

Signature

/s/ Virgilio Deloy Capobianco Gibbon|2026-05-11

1 file