Research Summary
AI-generated summary of this SEC filing
Vale (VALE) Director Viana Madeira Andre Buys Shares
What Happened
Viana Madeira Andre, a director of Vale S.A. (VALE), made multiple open-market purchases of Vale common stock. Transactions: 1 share at $15.02 on 2026-07-01 ($15); 1 share at $15.06 on 2026-07-02 ($15); 5 shares at $14.63 on 2026-08-03 ($73); and 4 shares at $14.99 on 2026-08-04 ($60). Total acquired: 11 shares for about $163. These were purchases (often viewed as a more bullish signal than sales), not dispositions.
Key Details
- Transaction dates & prices:
- 2026-07-01: 1 share @ $15.02 (Acquired)
- 2026-07-02: 1 share @ $15.06 (Acquired)
- 2026-08-03: 5 shares @ $14.63 (Acquired)
- 2026-08-04: 4 shares @ $14.99 (Acquired)
- Total acquired: 11 shares for approximately $163.
- Shares owned after the transactions: not disclosed in the information provided.
- Transaction code: P = Purchase (open market/private purchase).
- Filing date: Form 4 filed Aug 10, 2026; the filing lists transactions from Jul 1–Aug 4, 2026. No late-filing indicator was provided in the supplied data.
- Footnotes (currency conversion): F1 BRL 5.1944/USD; F2 BRL 5.1939/USD; F3 BRL 5.0717/USD; F4 BRL 5.1047/USD — these rates were used to convert reported amounts.
Context
These are small, straightforward open-market purchases by a director. Such purchases can signal confidence but are often routine and not necessarily indicative of a major change in insider outlook. Retail investors should treat this as a minor insider buy and consider it alongside broader fundamentals and market information.