Gomes Andre Spolidoro Ferreira 4

What Happened

• Gomes Andre Spolidoro Ferreira, Chief Strategy Officer of VTEX (NYSE: VTEX), had restricted stock units (RSUs) convert into common shares on May 29, 2026. The filing shows two RSU conversion receipts of 5,201 shares each (10,402 shares acquired) and two corresponding dispositions of 5,201 shares each (10,402 shares disposed) as derivative transactions for tax/withholding purposes. Prices are reported as N/A because no open‑market cash purchase or sale occurred; this reflects RSU vesting and withholding rather than an independent buy or sell.

Key Details

• Transaction date: May 29, 2026; Form 4 filed June 2, 2026.
• Shares converted/received: two entries of 5,201 shares (total 10,402 acquired).
• Shares withheld/disposed (derivative): two entries of 5,201 shares (total 10,402 disposed) — net change to beneficial ownership = 0.
• Prices: N/A (conversion/withholding events, not market trades).
• Footnotes: F1 = each RSU equals one share on conversion. F2 and F3 describe two separate RSU grants with staggered vesting (25% vested on Nov 1, 2024 or Nov 1, 2025, then 6.25% every three months thereafter).
• Filing timeliness: Form filed 2026-06-02 for a 2026-05-29 event; the filing does not indicate a late-report flag.
• Regulatory remark: As a foreign private issuer under Rule 3a12-3(b), VTEX’s insiders are exempt from Sections 16(b) and 16(c) reporting rules (not subject to short-swing profit recovery).

Context

• This was a routine RSU vesting/conversion with shares withheld to cover taxes — a common administrative event that does not by itself signal a buy or sell decision. For retail investors, purchases are generally more informative than vesting-withholding events; here the net beneficial ownership did not increase.