Gomide de Faria Mariano 4
Research Summary
AI-generated summary
VTEX CEO Gomide de Faria Mariano Sells 4,808 Shares
What Happened
- Gomide de Faria Mariano, CEO of VTEX (NYSE: VTEX), sold 4,808 shares on July 13, 2026. The weighted average price reported was $4.09 per share, for a total of approximately $19,665. The filing lists the transaction as an open-market or private sale (Code S).
Key Details
- Transaction date: 2026-07-13; Filing date (Accession): 2026-07-15.
- Price: weighted average $4.09; individual sale prices ranged from $4.05 to $4.13 (footnote F2).
- Total proceeds: ~$19,665.
- Shares owned after the transaction: not reported in the provided filing excerpt.
- Footnotes: F1 — sale effected pursuant to a Rule 10b5-1 trading plan adopted October 11, 2025. F2 — weighted-average price with range $4.05–$4.13; issuer/SEC staff can request a breakdown by price.
- Timeliness: Filed two days after the trade (appears within the typical two-business-day Form 4 window).
- Exemption note: As a foreign private issuer under Rule 3a12-3(b), the issuer states the reporting person's transactions are exempt from Sections 16(b) and 16(c).
Context
- The sale was made under a pre-established 10b5-1 plan, which typically means the trades were scheduled in advance and are not necessarily a contemporaneous reflection of the insider’s view of the company. This was a sale (not a purchase), which is generally considered routine insider liquidity rather than a bullish signal.