Nu Holdings Ltd.: 10% owner Velez Osorno David received 13,577,733 shares

What happened Velez Osorno David, a 10% owner, received a grant of 13,577,733 Restricted Class A Shares (transaction code A) at $0.00 per share on Oct 15, 2026, total value $0.00.

Key details

• Transaction date and price: Oct 15, 2026; $0.00 per share; total $0.00.
• Shares owned after the transaction: filing notes the figure includes 16,297,049 unvested Restricted Class A Shares issued to and registered in the reporting person’s name.
• Vesting: the Award vests over 10 calendar years with final vesting on Jan 1, 2036; the Award was granted in lieu of regular annual equity awards from 2027 through 2031 (F1).
• Plan and registration: Restricted Shares granted under the Nu Holdings Ltd. 2020 Omnibus Incentive Plan, as amended (F2).
• Beneficial ownership: the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest (F3).

Why it may matter

• This was a grant/award, not a market sale.
• The reporting person is a 10% owner, a large holder, not an executive.
  This filing does not show why the insider traded or why the company acted.