Fouilland Benoit 4

What Happened

• Director Benoit Fouilland reported receiving shares on July 1, 2026 through conversions of derivative securities and new award/other acquisitions. The filing shows conversions of 972 and 1,057 shares (2,029 shares total) and two other acquisitions of 31,439 shares each, for a combined total of 64,907 shares. All items are reported at $0.00 per share because these were awards/conversions (not open-market purchases or sales).

Key Details

• Transaction date: July 1, 2026. Prices reported: $0.00 for the award/conversion entries (no cash consideration).
• Shares involved: conversions of 972 and 1,057 shares; two other acquisitions of 31,439 shares each — total 64,907 shares acquired.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes: RSUs are contingent rights to receive Class A common stock one-for-one (F1). Vesting schedules vary by grant: some RSUs vested 8.33% on Oct 1, 2024 or Oct 1, 2025 with remaining amounts vesting in 8.33% tranches every three months (F2, F3). New RSUs and stock options granted on July 1, 2026 vest 8.33% every three months (F4, F5).
• Filing timeliness/privilege: Filing notes VTEX is a foreign private issuer and the reported transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act. No late filing flag was indicated.

Context

• These entries reflect award grants and conversions of derivative securities (e.g., RSUs/options converting into shares), not purchases or sales on the open market. Awards reported at $0 are common for RSU/option issuances or conversions and do not by themselves indicate an immediate cash investment or sale.