Batista Costa Jose Antonio 4

What Happened Jose Antonio Batista Costa, a director of PicS N.V. (PICS), purchased 20,800 shares in an open-market transaction on 2026-06-09. The reported weighted-average price was $9.73 per share, for a total reported outlay of $202,384. This was a purchase (insider acquisition), not a sale.

Key Details

• Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (timely filing).
• Reported price: weighted average $9.73; purchases occurred at prices ranging from $9.36 to $10.24 (reporting person will provide a breakdown on request).
• Shares acquired: 20,800; total value reported ≈ $202,384.
• Shares owned after transaction: not disclosed in the data provided in this summary.
• Footnotes: (F1) weighted-average price and price range disclosure; (F2) the securities shown are held directly by Stichting JAB (a Dutch foundation); the reporting person is a beneficiary and disclaims beneficial ownership except to the extent of any pecuniary interest.
• Regulatory note: Because PicS is a foreign private issuer, these transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act (as stated in the filing).

Context

• The filing shows an outright open-market purchase across multiple trades (no option exercises, awards, or gifts). Purchases by insiders are often watched by investors as one data point on insider sentiment, but do not by themselves indicate motive or guarantee future company performance.