Dos Santos Cardoso Joao Kleber 4

What Happened

• Dos Santos Cardoso Joao Kleber, Aura Minerals' CFO and Corporate Secretary, exercised stock options to acquire 7,926 common shares at C$17.35 per share (total C$137,516) on 2026-05-25. The filing also reports a disposal of 7,926 shares (derivative) on the same date for the same per-share price and total, indicating the shares were not retained after the exercise.

Key Details

• Transaction date: 2026-05-25; Filing date: 2026-05-26 (timely).
• Exercise price: C$17.35 per share; Total reported value: C$137,516 (Canadian dollars).
• Shares acquired by exercise: 7,926; Shares disposed (derivative): 7,926.
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: F1 = amounts in Canadian dollars; F2 = these were stock options granted Jan 10, 2025 that vest in three equal annual installments starting Jan 10, 2026.

Context

• This was an option exercise (transaction code M). The simultaneous acquisition and disposal of the same number of shares typically indicates the shares were immediately sold or withheld to cover exercise costs/taxes (cashless exercise or sale), but the filing does not detail the exact mechanism. The vesting schedule confirms these options became exercisable beginning Jan 10, 2026.