Research Summary
AI-generated summary of this SEC filing
Nu (NU) Director Diego Piacentini Receives RSU Award
What Happened Diego Piacentini, a director of Nu Holdings Ltd. (NU), received a grant of 1,356 restricted share units (RSUs) on August 24, 2026. The Form 4 reports the acquisition at $0.00 per share (standard for RSU awards where no cash purchase occurred). These RSUs represent a contingent right to receive Class A shares upon vesting and are not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-24; Filing date: 2026-08-26 (timely filing).
- Grant type/code: Award/Acquisition (A) — 1,356 RSUs @ $0.00.
- Footnote F1: The filing notes that the reporting figure includes 23,483 Class A Shares underlying unvested RSUs from prior grants; each RSU equals one contingent share and vests subject to continued service.
- Footnote F2: The reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
- Shares owned after the transaction: not specified in the provided filing summary beyond the footnote disclosure about prior unvested RSUs.
Context RSUs are deferred equity awards that convert to actual shares only if vesting conditions (typically continued service or performance) are met; they do not represent an immediate cash transaction or open-market purchase. This grant is an issuance/compensation event rather than a buy or sell by the insider.