Neto Olimpio Matarazzo 4
4 · Patria Investments Ltd · Filed Jun 3, 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), reported two purchases of Class A common shares. On 2026-06-01 he acquired 15,000 shares at a weighted average price of $11.59 ($173,850) and on 2026-06-02 he acquired 15,000 shares at a weighted average price of $11.74 ($176,100), for a combined total of 30,000 shares and approximately $349,950. The transactions are reported as purchases (code P), listed as open-market or private purchases.
Key Details
- Transaction dates and prices:
- 2026-06-01: 15,000 shares @ weighted avg $11.59 (range reported $11.52–$11.65) — $173,850 (F1).
- 2026-06-02: 15,000 shares @ weighted avg $11.74 (range reported $11.69–$11.83) — $176,100 (F2).
- Shares owned after transaction: Reporting person is shown as owning 284,709 Class A common shares plus 71,340 unvested restricted share units and 69,675 unvested matching share units (425,724 total economic interest including unvested units) (F4). Footnote F3 notes certain shares are held by an entity controlled by the reporting person.
- Footnotes: Prices are weighted averages covering multiple executions; the filing includes undertakings to provide breakdowns of per-price quantities on request (F1, F2). F3/F4 explain structure of beneficial ownership and unvested units.
- Timeliness: Form 4 was filed on 2026-06-03 for trades on 2026-06-01 and 06-02; this appears timely (Form 4 is generally due within two business days).
Context
- These were outright purchases (code P). Purchases by insiders are factual information investors track but do not by themselves explain motivation; no options exercises, gifts, or tax-withholding events are reported here.
Insider Transaction Report
Form 4
Neto Olimpio Matarazzo
Director
Transactions
- Purchase
Class A Common Shares
[F1][F3]2026-06-01$11.59/sh+15,000$173,850→ 120,000 total(indirect: See Footnote) - Purchase
Class A Common Shares
[F2][F3]2026-06-02$11.74/sh+15,000$176,100→ 135,000 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 $11.52 to $11.65, 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 $11.69 to $11.83, 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|2026-06-03