Batista Costa Jose Antonio 4
4 · PicS N.V. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
PicS (PICS) Director Batista Costa Buys 22,000 Shares
What Happened
José Antonio Batista Costa, a director of PicS N.V. (PICS), made an open-market purchase of 22,000 ordinary shares on June 4, 2026. The filing reports a weighted-average purchase price of $9.09 per share for a total cash outlay of approximately $199,980. This was a purchase (acquisition), which many investors view as a more actionable signal than routine sales.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08.
- Transaction type/code: Open market purchase (P). Quantity: 22,000 shares. Reported weighted-average price: $9.09; total value: ~$199,980.
- Price range (footnote F1): trades executed at prices between $8.32 and $9.30; the weighted avg is reported and a breakdown by price is available upon request.
- Post-transaction holdings: the Form 4 does not specify the amount owned following this transaction.
- Ownership note (footnote F2): the rowed securities are held directly by Stichting JAB (a Dutch foundation); Batista Costa is a beneficiary and disclaims beneficial ownership except for any pecuniary interest.
- Regulatory note: PicS is a foreign private issuer; the filing states the reporting person's transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.
Context
Purchases by directors can be interpreted as a positive signal, but a single trade should be considered alongside other insider activity and company fundamentals. Because these shares are held (or reported) through a Dutch foundation and the issuer is a foreign private issuer, the holding structure and exemptions limit some Section 16 reporting implications.
Insider Transaction Report
- Purchase
Class A Common Shares
[F1][F2]2026-06-04$9.09/sh+22,000$199,980→ 4,291,216 total(indirect: By Stichting JAB)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $8.32 to $9.30, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]The securities shown in this row are held directly by Stichting JAB, a foundation incorporated under Dutch law. The reporting person is a beneficiary of Stichting JAB. The reporting person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein.