Junior Lelio de Souza 4

What Happened
Junior Lelio de Souza, Vice President of Afya Ltd (AFYA), reported the sale of 41,541 shares on June 26, 2026. The shares were disposed at $15.00 each for total proceeds of $623,115. The filing classifies the transaction as an "open market or private sale" (code S), meaning the shares were sold rather than purchased — sales are often routine liquidity events rather than a direct bearish signal.

Key Details

• Transaction date and price: June 26, 2026 — 41,541 shares at $15.00 per share.
• Total value: $623,115 (gross proceeds).
• Transaction type: Sale (Form 4 code S), reported as "open market or private sale."
• Shares owned after transaction: Not specified in the provided summary — see the Form 4 for post-transaction holdings.
• Filing date: Form 4 filed June 30, 2026 (four days after the trade); check the filing for any late-filing notation.
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes were provided in the supplied details.

Context
Insider sales are common and can reflect personal liquidity needs, tax planning, or portfolio rebalancing; they do not by themselves prove a change in company outlook. Purchases by insiders tend to be more informative about confidence in the business. For full detail (exact post-trade holdings, any footnotes, or late-filing flags), consult the full Form 4 (Accession 0000950103-26-009820).