Magnani Alexandre Mr 4

What Happened
Alexandre Magnani, a director of PagSeguro Digital Ltd. (PAGS), disposed of 200,000 shares on April 17, 2026 for total proceeds of $2,252,000. The reported weighted-average price was $11.26; individual trades ranged from $11.24 to $11.31. The shares were transferred to Carcara Investments Ltd. and then sold by Carcara; Magnani controls Carcara and may be deemed the beneficial owner of those shares. This was a sale (not a purchase).

Key Details

• Transaction date: April 17, 2026.
• Price: weighted average $11.26; trade prices ranged $11.24–$11.31 (footnote).
• Shares sold: 200,000; proceeds ~$2,252,000.
• Transfer/vehicle: Shares were transferred from Magnani personally to Carcara Investments Ltd. and then sold by Carcara; Magnani controls Carcara (footnote).
• Shares owned after transaction: Not specified in the Form 4 provided.
• Filing date: April 21, 2026 — filed within the standard two-business-day Form 4 reporting window (timely).

Context
This was a direct sale of previously held shares via an entity controlled by the director. Sales by insiders can be routine (estate planning, tax, or liquidity needs) and do not, by themselves, indicate a change in company outlook. The filing is informational — it reports the disposal, the vehicle used, and the trade-price range.