VTEX (VTEX) CEO Geraldo do Carmo Thomaz Jr. Sells Shares

What Happened Geraldo do Carmo Thomaz Jr., CEO of VTEX (NYSE: VTEX), sold 4,808 shares on August 3, 2026. The reported weighted-average price was $4.40 per share for total proceeds of approximately $21,155. The filing lists the transaction as an open-market or private sale (code S).

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (timely filing).
• Price reported: weighted average $4.40; sales occurred across prices ranging $4.34–$4.44 (footnote F2).
• Total shares sold: 4,808; total proceeds ≈ $21,155.
• Footnote F1: Sale effected pursuant to a Rule 10b5-1 trading plan adopted October 11, 2025.
• Shares owned after the transaction: not disclosed in the provided Form 4.
• Additional remark: VTEX is a foreign private issuer; the reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act.

Context This was a preplanned sale under a 10b5-1 plan, which typically indicates the transaction followed predetermined instructions rather than being a spontaneous trade. The size of the sale (~$21k) is small relative to typical executive holdings; sales are generally routine and don’t by themselves signal company prospects.