Dutra da Silva Ricardo 4

What Happened Ricardo Dutra da Silva, PagSeguro's Principal Executive Officer, sold a total of 50,000 PagSeguro (PAGS) shares in open-market/private sales. He sold 25,000 shares on 2026-07-20 at $9.24 each (proceeds $231,000) and 25,000 shares on 2026-07-21 at a weighted average price of $9.27 each (proceeds $231,750), for total proceeds of approximately $462,750. These were sales (S), which are often routine and do not by themselves indicate company outlook.

Key Details

• Transaction dates & prices:
  • 2026-07-20: 25,000 shares @ $9.24 — $231,000 (reported as multiple transactions; F1)
  • 2026-07-21: 25,000 shares @ $9.27 (weighted avg) — $231,750; actual trades ranged $9.26–$9.27 (F2)
• Total shares sold: 50,000; total proceeds ≈ $462,750.
• Shares owned after transaction: Not specified in the excerpt of the filing; check the full Form 4 for post-transaction holdings.
• Filing: Form 4 filed 2026-07-23 reporting trades dated 7/20 and 7/21. The 7/21 trade appears timely; the 7/20 trade was reported one business day later than the two-business-day rule would normally require.
• Footnotes: F1 notes multiple transactions on 7/20 at the reported price; F2 notes the 7/21 price is a weighted average with trades from $9.26–$9.27.

Context Sales by officers can be for many personal or portfolio reasons (taxes, diversification, liquidity) and are common; they are generally less informative than purchases about insider sentiment. No indication in this filing of a 10b5-1 plan, award, exercise, or gift. For the definitive record of ownership and any additional notes, review the full Form 4 on the SEC EDGAR site (Accession: 0001292814-26-003872).