Scannapieco Alejandro Raul 4

What Happened

• Alejandro Raul Scannapieco, a director of VTEX (NYSE: VTEX), converted restricted stock units (RSUs) into 2,028 shares of Class A common stock on April 1, 2026 (971 shares + 1,057 shares). The filing also shows corresponding dispositions of 2,028 shares (the same amounts) on the same date. No per-share prices or dollar values are reported for these conversions/dispositions (listed as N/A).

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 2, 2026.
• Shares converted/received: 971 + 1,057 = 2,028 shares (from RSUs).
• Shares disposed: 971 + 1,057 = 2,028 shares (each disposal reported as a derivative transaction).
• Price/Value: N/A for both conversion and disposal entries (typical for RSU conversions).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1—each RSU converts one-for-one to Class A common stock. F2/F3—these RSUs follow scheduled vesting tranches (8.33% vested Oct 1, 2024 and Oct 1, 2025 respectively, then 8.33% every three months thereafter).
• Filing notes: Issuer is a foreign private issuer; transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act per the filer’s remark.

Context

• These entries reflect RSU conversions (an award settlement) and simultaneous dispositions; the filing does not state the reason for the disposals (e.g., sale, tax withholding, or transfer). Conversions of RSUs typically do not reflect a market purchase or open-market sale decision by the insider unless the filing explicitly states so.