VTEX Director Alejandro Scannapieco Sells 11,994 Shares

What Happened
Alejandro Raul Scannapieco, a director of VTEX (NYSE: VTEX), sold 11,994 shares on August 24, 2026 in an open-market transaction. The shares were sold at a weighted average price of $3.67 (range $3.67–$3.68), for total proceeds of approximately $44,018. This was a sale (not a purchase or option exercise), which is generally viewed as routine insider liquidity rather than a direct signal of company performance.

Key Details

• Transaction date: August 24, 2026 (reported on Form 4 filed Aug 25, 2026).
• Transaction type/code: Sale (S) — open market or private sale.
• Shares sold: 11,994; weighted average price reported $3.67; price range $3.67–$3.68.
• Proceeds: Approximately $44,018.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: The reported price is a weighted average; the seller can provide a breakdown of how many shares were sold at each price within the $3.67–$3.68 range (see F1).
• Regulatory note: VTEX is a foreign private issuer; the filing states the transaction is exempt from Sections 16(b) and 16(c) of the Exchange Act per Rule 3a12-3(b).

Context
Insider sales are common for liquidity or diversification and do not necessarily indicate a change in the insider’s view of the company. Purchases are typically considered more informative for investors. This transaction was a straight sale of shares (no option exercise, gift, or tax-withholding event reported).