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 in an open‑market transaction on July 6, 2026. The weighted average sale price was $4.06 per share (range $4.04–$4.09), producing gross proceeds of approximately $19,520. This was a sale (transaction code S), not a purchase or option exercise.
Key Details
- Transaction date: July 6, 2026 (reported on Form 4 filed July 8, 2026) — filing appears timely.
- Shares sold: 4,808; weighted average price: $4.06; price range reported: $4.04–$4.09.
- Proceeds: ~$19,520.
- Shares owned after transaction: Not reported in the information provided.
- Footnotes: F1 — sale effected pursuant to a Rule 10b5‑1 trading plan adopted Oct 11, 2025. F2 — reported price is a weighted average; the filer will provide a per‑trade price breakdown on request.
- Issuer remark: VTEX is a foreign private issuer, so these transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act.
Context A 10b5‑1 trading plan lets insiders sell shares according to a prearranged schedule or formula and is commonly used to avoid questions about timing. Such sales are routine and do not, by themselves, indicate the insider’s current view of the company. If you want further detail on the exact per‑trade prices within the reported range, the filer has stated they will provide that information upon request.