VTEX: director Francisco Alvarez-Demalde received 4,646 shares

What happened

• Francisco Alvarez-Demalde, a director, converted restricted stock units into common shares, receiving 971, 1,057 and 2,618 shares (total 4,646) on Oct 1, 2026. The filing shows the derivative-security disposals at $0.00.

Key details

• Transaction date(s) and price(s): conversions and related derivative disposals on Oct 1, 2026; acquisition prices reported as N/A, disposals reported at $0.00.
• Shares owned after the transaction: not reported in this filing.
• Footnotes: F1 = each RSU converts one-for-one into Class A common stock; F2 = these securities are held for the benefit of Riverwood Capital GP II Ltd. and/or affiliates and Mr. Alvarez-Demalde disclaims beneficial ownership except for any pecuniary interest; F3–F5 = vesting schedule (8.33% vested on Oct 1, 2024; 8.33% vested on Oct 1, 2025; 8.33% vested on Oct 1, 2026, with remaining amounts vesting in 8.33% tranches every three months).
• Filing date and timeliness: filed Oct 2, 2026; filing does not indicate it was late.
• Regulatory note: issuer is a foreign private issuer and the reporting person’s transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act per the filing remarks.

Why it may matter

• These were conversions of RSUs into shares (derivative conversions / awards), not open-market purchases or sales.
• The reported shares are held for the benefit of Riverwood and the reporting person disclaims beneficial ownership except for any pecuniary interest.
• A filing does not show why the insider traded or why the company acted.