JBS Global CFO Guilherme Cavalcanti Sells 183,501 Shares

What Happened
Cavalcanti Guilherme Perboyre (Global CFO and IRO of JBS N.V.) reported the sale of 183,501 Class A shares (held as Brazilian Depositary Receipts, or BDRs) on August 24, 2026. The weighted average price was reported as US$13.85 per BDR, resulting in gross proceeds of approximately $2,541,489. The sale was executed in multiple transactions (open-market or private sale).

Key Details

• Transaction date: August 24, 2026 (reported on Form 4 filed Aug 25, 2026).
• Shares sold: 183,501 BDRs (each BDR represents one Class A common share).
• Price: weighted average US$13.85 per BDR (converted from R$71.35 using Brazil Central Bank rate R$5.1512 = US$1.00). Individual trades ranged R$71.00–R$72.05 (≈US$13.78–US$13.99).
• Proceeds: ≈ $2,541,489.
• Shares owned after transaction: not disclosed in the Form 4 filing.
• Footnotes: F1 clarifies the securities were BDRs representing Class A shares; F2 explains the BRL→USD conversion and that multiple trade prices occurred within the stated range (reporting person can provide per-price details on request).
• Regulatory note: As a foreign private issuer under Rule 3a12‑3(b), the filing states these transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.

Context: This was a sale (liquidity/event) rather than a purchase; sales by insiders can be routine and do not by themselves indicate company prospects. The filing was submitted the day after the trades and contains conversion/price-range footnotes to explain the weighted-average dollar amount.