Grupo Supervielle (SUPV) Chief Audit Executive Valeria Duthu Receives Award
$SUPV · Grupo Supervielle S.A.Research Summary
AI-generated summary of this SEC filing
Grupo Supervielle (SUPV) Chief Audit Executive Valeria Duthu Receives Award
What Happened
Valeria Duthu, Chief Audit Executive Officer of Grupo Supervielle, was granted 52,527 American Depositary Shares (ADS)–denominated option awards on June 25, 2026. The grant is reported as a derivative acquisition (code A) at $0.00 price because it is an award; the exercise price is $9.86 per ADS (footnote). Each ADS represents five Class B ordinary shares, so the award covers an economic equivalent of 262,635 underlying Class B shares. Exercising the full award at grant price would cost about $517,916.22 (52,527 ADS × $9.86).
Key Details
- Transaction date: 2026-06-25; Form 4 filed: 2026-06-26 (filed one day after the grant).
- Award: 52,527 ADS granted; reported acquisition price $0.00 (award/grant).
- Exercise price: $9.86 per ADS (F1). Each ADS = 5 Class B ordinary shares (F2) → 262,635 underlying shares.
- Vesting: 10% on 6/25/2027; 20% on 6/25/2028; 30% on 6/25/2029; 40% on 6/25/2030 (F2).
- Shares owned after transaction: not specified in this Form 4.
- Exemption note: As a foreign private issuer, the company’s insiders are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act (remark).
Context
This was a compensation grant (an option/ADS award), not a purchase or sale. Grants are commonly part of executive compensation and vest over multiple years; they do not by themselves indicate an immediate purchase or sale of stock. Because this is a derivative award (not an exercised option), no shares were sold or transferred at the time of the filing.