4Filed Sep 16, 8:00 PM ET
Aura Minerals CEO Rodrigo Cardoso Receives Stock Option Grants
$AUGO · Aura Minerals Inc.Research Summary
AI-generated summary of this SEC filing
Aura Minerals CEO Rodrigo Cardoso Receives Stock Option Grants
What Happened
- Rodrigo Cardoso, President and CEO of Aura Minerals (AUGO), received three stock-option awards on September 15, 2026. Each award is for 110,112 options (totaling 330,336 options). The reported acquisition price is $0, reflecting that these are grants of derivative securities (stock options), not open‑market purchases or sales.
Key Details
- Transaction date: 2026-09-15; Form 4 filed 2026-09-17 (appears timely under Form 4 rules).
- Each grant size: 110,112 options; total options granted: 330,336.
- Reported price/value: $0 (grant of options — not a cash purchase).
- Vesting schedules (per filing footnotes):
- Grant 1 (F1): vests in three equal annual installments beginning Jan 29, 2027.
- Grant 2 (F2): vests in three equal annual installments beginning Jan 29, 2028.
- Grant 3 (F3): vests in three equal annual installments beginning Jan 29, 2029.
- Shares owned after the transaction and option exercise price/expiration details are not specified in the provided summary of the filing.
Context
- These entries are derivative awards (stock options). A $0 acquisition amount on Form 4 typically means the options were granted rather than purchased; there is no immediate cash outlay and no immediate change in company share count.
- Vesting over multiple years means the options become exercisable in installments, so economic exposure and potential future share issuance depend on vesting and any exercise decisions.
- This is a grant/compensation event rather than a buy or sell that signals immediate insider conviction; it’s common as part of executive compensation.