do Carmo Thomaz Junior Geraldo 4
Research Summary
AI-generated summary
VTEX CEO Geraldo do Carmo Thomaz Jr. Sells 4,808 Shares
What Happened
Geraldo do Carmo Thomaz Junior, CEO of VTEX (NYSE: VTEX), reported the sale of 4,808 shares on April 13, 2026. The shares were disposed of in open-market transactions at a weighted-average price of $4.03 per share, generating approximately $19,376 in gross proceeds. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-04-13; Form 4 filed: 2026-04-14. No late-filing indication in the provided filing.
- Price: weighted average $4.03; individual trades ranged from $4.01 to $4.06. (Footnote: the reporting person can provide breakdown of trades by exact price on request.)
- Shares sold: 4,808; total proceeds ≈ $19,376.
- Footnote: Sale effected pursuant to a Rule 10b5-1 trading plan adopted October 11, 2025.
- Exemption note: As a foreign private issuer under Rule 3a12-3(b), the reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.
- Shares owned after the transaction are not disclosed in the excerpt provided.
Context
A Rule 10b5-1 plan means the trades were executed under a pre-established plan, which generally indicates the transactions were pre-planned rather than opportunistic market timing. Sales often represent routine liquidity or portfolio management and do not, by themselves, indicate the insider’s view of the company’s prospects.