do Carmo Thomaz Junior Geraldo 4
Research Summary
AI-generated summary
VTEX CEO Geraldo do Carmo Thomaz Junior Sells 4,808 Shares
What Happened
Geraldo do Carmo Thomaz Junior, CEO of VTEX (NYSE: VTEX), sold 4,808 shares on June 26, 2026 in an open-market sale. The filing reports a weighted-average price of $4.00 per share (range $4.00–$4.005), yielding total proceeds of approximately $19,232. This transaction was made pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-06-26; Form 4 filed: 2026-06-29 (filed within two business days after the trade).
- Shares sold: 4,808; weighted-average price reported: $4.00 (actual trade prices ranged $4.00 to $4.005).
- Total proceeds: ~$19,232.
- Footnotes: (1) Sale effected under a 10b5-1 plan adopted Oct 11, 2025. (2) Weighted-average price; reporter will provide breakdown of number of shares sold at each price in the $4.00–$4.005 range upon request.
- Shares owned after the transaction: not specified in this filing.
- Regulatory note: VTEX is a foreign private issuer; the filing states the reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.
Context
This was a sale (often routine), not a purchase or option exercise. The sale was made under a pre-established 10b5-1 plan, which typically means trades were scheduled in advance according to a plan adopted when the insider was likely not in possession of material nonpublic information. The filing is factual and does not state the insider’s motivation.