Dutra da Silva Ricardo 4
Research Summary
AI-generated summary
PagSeguro (PAGS) Principal Executive Officer Ricardo Dutra da Silva Sells Shares
What Happened
Ricardo Dutra da Silva, PagSeguro Digital Ltd.'s Principal Executive Officer, sold a total of 74,160 shares in a series of open-market/private sales between July 14–16, 2026. The sales were: 25,000 shares at $9.25 on 2026-07-14 ($231,250), 24,160 shares at $9.22 on 2026-07-15 ($222,755), and 25,000 shares at $9.17 on 2026-07-16 ($229,250). Total proceeds across the three days were approximately $683,255. These were sales (S) — commonly routine insider sales for liquidity or diversification rather than purchases that might signal increased insider confidence.
Key Details
- Transaction dates and prices:
- 2026-07-14: 25,000 shares sold @ $9.25 (≈ $231,250) — footnote F1
- 2026-07-15: 24,160 shares sold @ $9.22 (≈ $222,755) — footnote F2
- 2026-07-16: 25,000 shares sold @ $9.17 (≈ $229,250) — footnote F3
- Total shares sold: 74,160; approximate total proceeds: $683,255.
- Shares owned after the transactions: Not specified in the Form 4 filing.
- Footnotes: Each sale was executed in multiple transactions at the indicated per-share price (F1–F3).
- Filing timeliness: Form 4 was filed on 2026-07-16 covering trades through 2026-07-16 — the filing appears timely based on provided dates.
Context
- These were outright sales (S). Sales by officers are common and do not by themselves indicate company outlook; purchases generally provide stronger signals. No option exercises, awards, gifts, or 10b5-1 plans were indicated in the provided filing details.