Neto Olimpio Matarazzo 4
4 · Patria Investments Ltd · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Patria (PAX) Director Neto Matarazzo Buys 30,000 Shares
What Happened
- Neto Olimpio Matarazzo, a director of Patria Investments Ltd (PAX), acquired a total of 30,000 Class A common shares in two open-market purchases: 15,000 shares on 2026-05-28 at a weighted average price of $11.50 (≈ $172,500) and 15,000 shares on 2026-05-29 at a weighted average price of $11.46 (≈ $171,900). Total cash spent across both trades was approximately $344,400. These were purchases (Form 4 code P), which are generally considered a bullish signal but do not prove intent.
Key Details
- Transaction dates and reported prices:
- 2026-05-28: 15,000 shares, weighted avg $11.50 (reported range $11.40–$11.62; see footnote F1)
- 2026-05-29: 15,000 shares, weighted avg $11.46 (reported range $11.42–$11.48; see footnote F2)
- Total reported value: ≈ $344,400.
- Shares/units owned after the transactions (per filing footnote F4):
- 284,709 Class A common shares (directly owned)
- 71,340 unvested restricted share units
- 69,675 unvested matching share units
- Additional ownership (footnote F3): Some Class A shares are held by Patria Holdings Limited and directly held by Olympic Bahamas Limited, an entity owned/controlled by the reporting person.
- Filing: Form 4 filed 2026-06-01 reporting purchases on 2026-05-28 and 2026-05-29. (No late-filing flag provided in the summary.)
Context
- These were open-market purchases (P), reported as multiple trades aggregated into weighted-average prices; the filing offers to provide per-trade prices on request.
- Purchases by directors can signal confidence but are not definitive; retail investors should consider overall insider activity and company fundamentals before acting.
Insider Transaction Report
Form 4
Neto Olimpio Matarazzo
Director
Transactions
- Purchase
Class A Common Shares
[F1][F3]2026-05-28$11.50/sh+15,000$172,500→ 90,000 total(indirect: See Footnote) - Purchase
Class A Common Shares
[F2][F3]2026-05-29$11.46/sh+15,000$171,900→ 105,000 total(indirect: See Footnote)
Holdings
- 425,724
Class A Common Shares
[F4]
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 $11.40 to $11.62, 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 $11.42 to $11.48, 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|2026-06-01