Vale (VALE) Accounting Officer Elaine Maria de Souza Funo Buys Stock

What Happened
Elaine Maria de Souza Funo, an accounting officer at Vale S.A. (VALE), acquired 406 common shares in an open-market purchase on July 3, 2026. The shares were bought at $15.25 per share for a total reported value of $6,192. This transaction was an outright purchase (code P), a direct acquisition rather than a sale or award.

Key Details

• Transaction date and price: 2026-07-03 — 406 shares at $15.25 per share (total $6,192).
• Filing date: Form 4 filed 2026-08-07 (filed about a month after the transaction).
• Shares owned after transaction: Not specifically stated in the filing.
• Notable footnotes:
  • F1: A conversion rate of BRL 5.1711 per USD 1.00 was used for purposes of the Form 4.
  • F2: Filing notes holdings include 6,916 common shares represented by RSUs (granted April 1, 2026 and prior grants). Additional RSU vesting schedule: 8,270 RSUs vest on 3/1/2027, 8,270 on 3/1/2028, and 6,916 on 4/1/2029. Each RSU converts to one common share upon settlement.
• No indication in the provided data of a 10b5-1 plan, tax withholding, or cashless exercise.

Context
This is a small-dollar open-market purchase (roughly $6.2k) by a company officer. Purchases can be more informative than routine sales, but filings do not state motive. The RSU footnote describes future contingent share awards that are separate from this purchase. The filing date is substantially later than the transaction date, which may indicate a late Form 4 filing relative to the typical two-business-day reporting requirement.