Neto Olimpio Matarazzo 4

4 · Patria Investments Ltd · Filed May 28, 2026

AI-generated summary of this filing

Updated May 29, 2026

Patria Investments (PAX) Director Neto Matarazzo Buys 30,000 Shares

What Happened

Neto Olimpio Matarazzo, a director of Patria Investments Ltd (PAX), reported two open-market purchases totaling 30,000 Class A shares. He bought 15,000 shares on 2026-05-26 at a weighted average price of $11.31 (≈ $169,650) and 15,000 shares on 2026-05-27 at a weighted average price of $11.48 (≈ $172,200), for combined cash outlay of about $341,850. These were outright purchases (code P), which represent insider buying activity rather than sales.

Key Details

Transaction dates and prices:
- 2026-05-26: 15,000 shares, weighted avg $11.31 (individual trade prices ranged $11.27–$11.38) — see footnote F1.
- 2026-05-27: 15,000 shares, weighted avg $11.48 (individual trade prices ranged $11.38–$11.53) — see footnote F2.
Reported beneficial ownership composition (per filing footnote F4): 71,340 unvested restricted share units, 69,675 unvested matching share units, and 284,709 Class A Common Shares (totaling 425,724 in the filing’s beneficial-ownership disclosure).
Some shares are held indirectly: footnote F3 notes holdings by Patria Holdings Ltd directly held by Olympic Bahamas Limited, an entity owned and controlled by the reporting person.
Filing timeliness: Report lists transactions for 2026-05-26/27 and was filed 2026-05-28 — appears timely (no late-filing flag noted).

Context

These were straightforward open-market purchases (no option exercises, gifts, or tax-withholding events). The filing’s footnotes explain that the reported prices are weighted averages across multiple executions and provide price ranges; the reporting person offers to furnish per-trade details on request.
Insider purchases can be informative to investors as a sign of directors adding to holdings, but the filing itself is purely factual and does not state the insider’s motivation.

Form 4

Period: 2026-05-26

Director

Transactions

Purchase
Class A Common Shares
[F1][F3]
2026-05-26$11.31/sh+15,000$169,650→ 60,000 total(indirect: See Footnote)
Purchase
Class A Common Shares
[F2][F3]
2026-05-27$11.48/sh+15,000$172,200→ 75,000 total(indirect: See Footnote)

Holdings

Footnotes (4)

[F1]The price reported in Column 4 is a weighted average price. These Class A Common Shares were purchased in multiple transactions at prices ranging from $11.27 to $11.38, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon full request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
[F2]The price reported in Column 4 is a weighted average price. These Class A Common Shares were purchased in multiple transactions at prices ranging from $11.38 to $11.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon full request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.
[F3]Represents Class A Common Shares beneficially owned by Patria Holdings Limited, which were purchased and are directly held by Olympic Bahamas Limited, an entity owned and controlled by the Reporting Person.
[F4]Consists of 71,340 unvested restricted share units, 69,675 unvested share units pursuant to the Issuer's matching share program, and 284,709 Class A Comon Shares owned by the Reporting Person.

Signature

/s/ Olimpio Matarazzo Neto|2026-05-28

1 file