Gomide de Faria Mariano 4

What Happened

• Gomide de Faria Mariano, CEO of VTEX (NYSE: VTEX), completed conversions of issuer derivative securities on 2026-06-24. The Form 4 reports 1,000,000 shares acquired via conversion at $0.00 and 1,000,000 shares reported as disposed (derivative) at $0.00 — effectively a reclassification/transfer involving 2,000,000 Class B common shares into Class A common shares. No cash changed hands; the Form 4 was filed on 2026-06-26.

Key Details

• Transaction date(s): 2026-06-24 (reported on Form 4 filed 2026-06-26).
• Reported transactions: Conversion (code C) — 1,000,000 shares acquired @ $0.00; 1,000,000 shares disposed (derivative) @ $0.00. Total reported cash value: $0.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes: F1 — Each Class B share converts 1:1 into a Class A share; F2 — these Class B shares were previously reported in Table I and are now moved to Table II.
• Regulatory note: The filing states VTEX is a foreign private issuer, so the reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.

Context

• This was a securities-class conversion/reclassification, not an open-market purchase or sale; such conversions are typically administrative and don’t necessarily signal insider buying or selling intent. For retail investors, outright purchases or sales tend to be more informative about insider sentiment than routine conversions.