Neto Olimpio Matarazzo 4

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.