do Carmo Thomaz Junior Geraldo 4
4 · VTEX · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
VTEX (VTEX) CEO Geraldo do Carmo Thomaz Jr. Sells Shares
What Happened
Geraldo do Carmo Thomaz Junior, CEO of VTEX (NYSE: VTEX), sold a total of 125,000 VTEX shares in open-market transactions on June 2–3, 2026, disposing of 82,054 shares on June 2 and 42,946 shares on June 3. The filing reports weighted-average prices of $3.91 (June 2) and $3.78 (June 3), for proceeds of $320,831 and $162,336 respectively, totaling approximately $483,167. These are sales (S), not purchases or option exercises.
Key Details
- Transaction dates: 2026-06-02 (82,054 shares) and 2026-06-03 (42,946 shares).
- Reported weighted-average prices: $3.91 (June 2) and $3.78 (June 3).
- Price ranges noted in footnotes: June 2 trades ranged $3.87–$3.95 (F1); June 3 trades ranged $3.70–$3.82 (F2). The reporting person can provide a price-by-price breakdown upon request.
- Gross proceeds: ~$320,831 (6/2) + ~$162,336 (6/3) = ~$483,167 total.
- Shares owned after the transactions: not specified in the provided filing.
- Filing timing: Form 4 was filed on 2026-06-03 for the June 2–3 transactions — appears filed promptly (within the typical two-business-day reporting window).
- Regulatory note: VTEX is a foreign private issuer; the filing states these transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act.
Context
These were open-market sales by the CEO. Sales by insiders can be routine (cash needs, diversification, pre-arranged plans) and do not by themselves indicate company performance; purchases generally carry more weight as a bullish signal. The footnotes reflect that the reported prices are weighted averages from multiple executions; no indication in the filing of option exercises, gifts, or tax-withholding in connection with these trades.
Insider Transaction Report
- Sale
Class A Common Shares
[F1]2026-06-02$3.91/sh−82,054$320,831→ 319,097 total - Sale
Class A Common Shares
[F2]2026-06-03$3.78/sh−42,946$162,336→ 276,151 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from USD $3.87 to USD $3.95, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from USD $3.70 to USD $3.82, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.