Fouilland Benoit 4

What Happened

• Benoit Fouilland, a director of VTEX (NYSE: VTEX), converted restricted stock units (RSUs) into common stock on April 1, 2026. The filing shows conversions of 971 and 1,057 RSUs (total 2,028 RSUs) into Class A common shares on a one-for-one basis. The same amounts are also reported as derivative dispositions on the same date.
• No per-share prices or total dollar values are reported in the filing (price = N/A). The filing records both acquisitions (conversion to shares) and corresponding disposals of derivative securities; the filing does not state the economic purpose of the dispositions.

Key Details

• Transaction date: April 1, 2026; filing date: April 2, 2026 (timely).
• Shares involved: 971 and 1,057 RSUs converted (total 2,028). No price or cash value disclosed.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1—each RSU converts one-for-one into Class A common stock. F2 and F3—these RSUs vest in tranches (8.33% vested on 10/1/2024 or 10/1/2025, then 8.33% every three months thereafter).
• Regulatory note: VTEX is reported as a foreign private issuer; transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act (per the filing remarks).

Context

• This filing reflects RSU conversions (award settlement) and matching derivative dispositions; the form does not specify reasons (e.g., tax withholding or sale). Conversions of vested RSUs are administrative/compensation events rather than open-market purchases or voluntary sales by the insider.