Scannapieco Alejandro Raul 4

What Happened
Alejandro Raul Scannapieco, a director of VTEX (NYSE: VTEX), converted derivative securities into common shares and received new equity awards on July 1, 2026. The filing shows conversions of derivative instruments for 972 and 1,057 shares (reported as disposals of the derivative and acquisitions of the underlying shares) and two reported acquisitions of 31,439 shares each tied to derivative-based awards. All reported transactions list a $0.00 price — i.e., no cash was exchanged on the reported conversions/grants.

Key Details

• Transaction date: July 1, 2026; Form filed July 6, 2026.
• Reported entries: conversions of 972 and 1,057 shares, plus two acquisitions of 31,439 shares (each) tied to derivative/award reporting. Summing the entries equals 64,907 shares reported across the line items.
• Price/value: all entries reported at $0.00 (derivative conversions/awards), so no purchase price or sale proceeds are shown.
• Shares owned after the transactions: not disclosed in the provided data.
• Footnotes: entries represent Restricted Stock Units (RSUs) and stock options with staged vesting — prior RSU tranches vested 8.33% on prior dates, and grants dated July 1, 2026 (both RSUs and options) vest 8.33% every three months thereafter (see F1–F5).
• Regulatory note: issuer is a foreign private issuer under Rule 3a12-3(b); the filing remarks that transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.

Context

• These filings reflect derivative conversions and award grants (not open-market purchases or sales). Converting a derivative into shares and receiving RSU/option grants is an acquisition-type event but does not require cash outlay at the time of conversion/grant.
• RSUs and options vest over time (per the footnotes); vested shares may be deliverable on a schedule and options typically require exercise to receive shares.
• Such award/vesting filings document insider compensation and holdings changes; they are informative about equity compensation but do not by themselves prove an insider’s view on the stock.