Neto Olimpio Matarazzo 4

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.