Mazzucchelli Silvia 4

What Happened Silvia Mazzucchelli, a director of VTEX (NYSE: VTEX), had multiple equity-related transactions reported for July 1, 2026. The filing shows conversions of derivative securities and other acquisitions that together involved 64,907 shares being credited and 2,029 shares reported as disposed (conversion entries at $0). All reported transactions show $0 purchase/sale price — these were awards/conversions of RSUs and stock-option-related items rather than open-market buys or sales. Net increase in her reported position from these entries is approximately 62,878 shares.

Key Details

• Transaction date: July 1, 2026; Form filed July 6, 2026 (no late-filing flag indicated in the excerpt).
• Reported amounts: conversions of 972 and 1,057 shares (each shown as both acquired and disposed at $0) and two "other acquisition or disposition (J)" entries of 31,439 shares each.
• Aggregate involved: 64,907 shares credited; 2,029 shares shown as disposed; net ≈ +62,878 shares.
• Price: $0.00 reported for the disposition/conversion entries (derivative transactions).
• Shares owned after transaction: not specified in the provided excerpt.
• Footnotes summarize awards and vesting: RSUs convert one-for-one to Class A common stock (F1); grants/RSUs referenced have staggered vesting at 8.33% on initial dates and 8.33% every three months thereafter (F2–F4); stock options granted July 1, 2026 also vest at 8.33% quarterly (F5).
• Regulatory note: VTEX is a foreign private issuer; the filing remarks that the reporting person's transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.

Context These entries reflect equity awards and derivative conversions (RSUs/options) rather than purchases or open-market sales. Awards and vesting schedules typically reflect compensation and do not, by themselves, indicate an insider buying or selling for investment reasons.