Batista Costa Jose Antonio 4

What Happened
Director Batista Costa Jose Antonio reported an open-market purchase of 21,130 PicS N.V. (PICS) shares on June 8, 2026. The weighted average price reported was $9.42 per share (total value about $199,045). The filing shows the purchases were made at prices ranging from $9.27 to $9.64.

Key Details

• Transaction date: 2026-06-08 (filed 2026-06-10).
• Transaction type/code: Open-market purchase (P).
• Shares acquired: 21,130.
• Weighted average price: $9.42; reported price range: $9.27–$9.64 (see footnote F1).
• Total reported value: approximately $199,045.
• Shares owned after transaction: not specified in the filing.
• Footnote F1: weighted average price; reporting person can provide breakdown of the number of shares bought at each price on request.
• Footnote F2: some securities are held directly by Stichting JAB (a Dutch foundation); the reporting person is a beneficiary and disclaims beneficial ownership except for any pecuniary interest.
• Regulatory note: As a foreign private issuer, the reporting person's transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act (per the filing remarks).

Context
This was a straight purchase (not an option exercise, gift, or award). Purchases by insiders are often watched by retail investors as a potential positive signal, though the filing itself does not state the insider’s motivation. The filing provides standard disclosures and offers to supply a per-price breakdown of the multiple trades that make up the weighted-average price.