Neto Olimpio Matarazzo 4
4 · Patria Investments Ltd · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Patria (PAX) Director Neto Olimpio Matarazzo Buys 100,000 Shares
What Happened
- Neto Olimpio Matarazzo, a director of Patria Investments Ltd (PAX), made three open‑market purchases totaling 100,000 Class A shares between June 3 and June 5, 2026. Transactions reported: 15,000 shares at a weighted avg $11.09 ($166,350), 35,000 shares at a weighted avg $11.14 ($389,900), and 50,000 shares at a weighted avg $11.46 ($573,000). Total cash spent ≈ $1,129,250. These were purchases (insider buying), which many investors view as a potentially positive signal, though this is not a statement about intent.
Key Details
- Transaction dates and reported (weighted average) prices:
- 2026-06-03: 15,000 shares @ $11.09 (F1; actual trade prices ranged $11.03–$11.18)
- 2026-06-03: 35,000 shares @ $11.14 (F2; range $11.08–$11.19)
- 2026-06-05: 50,000 shares @ $11.46 (F3; range $11.33–$11.54)
- Transaction type: Open‑market purchases (Form 4 code P).
- Total purchased: 100,000 shares for ≈ $1,129,250.
- Holdings disclosed (per footnotes): the reporting person directly owns 284,709 Class A shares, plus unvested awards of 71,340 restricted share units and 69,675 matching share units (per F5). Footnote F4 notes additional Class A shares are held by Patria Holdings Limited through Olympic Bahamas Limited, an entity owned/controlled by the reporting person.
- Filing/timeliness: Form filed 2026-06-05 covering transactions dated June 3–5; filing appears timely (no late‑filing flag noted).
Context
- These were straightforward open‑market purchases (not option exercises, awards, or gifts). Footnotes note the reported prices are weighted averages across multiple trades and provide the ranges of actual trade prices; the filer offers to supply per‑trade detail on request. Purchases by directors can be of interest to investors as a sign of insider accumulation, but they are one data point and do not by themselves prove future company performance.
Insider Transaction Report
Form 4
Neto Olimpio Matarazzo
Director
Transactions
- Purchase
Class A Common Shares
[F1][F4]2026-06-03$11.09/sh+15,000$166,350→ 150,000 total(indirect: See Footnote) - Purchase
Class A Common Shares
[F2][F4]2026-06-03$11.14/sh+35,000$389,900→ 185,000 total(indirect: See Footnote) - Purchase
Class A Common Shares
[F3][F4]2026-06-05$11.46/sh+50,000$573,000→ 235,000 total(indirect: See Footnote)
Holdings
- 425,724
Class A Common Shares
[F5]
Footnotes (5)
- [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 $11.03 to $11.18, 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 $11.08 to $11.19, 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]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 $11.33 to $11.54, 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 (3) to this Form 4.
- [F4]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.
- [F5]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|2026-06-05