VTEX CEO Geraldo do Carmo Thomaz Jr. Sells 4,808 Shares

What Happened

• Geraldo do Carmo Thomaz Junior, CEO of VTEX (NYSE: VTEX), sold 4,808 shares on June 29, 2026. The weighted average price reported was $4.04 per share, for total proceeds of approximately $19,424. The filing lists the transaction as an open-market or private sale (code S). Sales are often routine cashing-out events and do not necessarily indicate a change in the insider’s view of the company.

Key Details

• Transaction date: 2026-06-29; filing accession: 2026-06-30 (timely filed).
• Price: weighted average $4.04; individual trade prices ranged from $4.015 to $4.10. The reporting person can provide a breakdown of quantities at each price upon request (see footnote).
• Shares sold: 4,808; proceeds ≈ $19,424.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes: F1 — sale effected pursuant to a Rule 10b5-1 trading plan adopted Oct 11, 2025. F2 — weighted average price with trades ranging $4.015–$4.10; detailed per-price breakdown available on request.
• 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

• The sale occurred under a pre-arranged 10b5-1 plan, which allows insiders to sell shares according to a schedule set in advance and is commonly used to avoid timing concerns. Such pre-arranged sales are generally considered more routine than ad-hoc insider sales.