Neto Olimpio Matarazzo 4

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.