Sands Anita M 4

What Happened
Anita M. Sands, a director of Nu Holdings Ltd. (NU), sold 21,000 Class A shares in an open-market transaction on May 15, 2026. The weighted-average sale price was $12.24 per share (reported total proceeds $257,042). This was a sale (not a purchase); sales by insiders are often routine and do not necessarily signal a change in company outlook.

Key Details

• Transaction date: May 15, 2026 — open-market sale (transaction code S)
• Shares sold: 21,000; weighted-average price reported $12.24; total proceeds reported $257,042
• Price range: shares were sold in multiple trades at prices from $12.2401 to $12.2450 (footnote F1)
• Shares owned after transaction: not specified in the provided extract; the filing notes that the reported ownership figure includes 6,982 unvested Restricted Share Units (RSUs) (footnote F2). Each RSU represents a contingent right to one Class A share and vests only with continued service.
• Filing: Form 4 filed May 19, 2026 (the form shows the filing date; no late-filing flag was indicated in the provided data)

Context

• This was an open-market sale of existing shares, not an option exercise or grant. The weighted-average price and narrow range indicate the sale occurred across multiple small trades.
• Unvested RSUs included in the ownership count are contingent on future service and are not immediately transferable.
• For retail investors: insider purchases generally carry more weight as a bullish signal; routine sales by directors are common and may reflect personal liquidity needs rather than a view on company fundamentals.