Chacon Quiros Juan Jose 4

What Happened
Director Juan Jose Chacon Quiros sold a total of 75,000 shares of Establishment Labs (ESTA) in open-market transactions executed on May 1 and May 4, 2026. The sales were: 41,265 shares @ $70.52 for $2,910,132; 25,984 shares @ $71.18 for $1,849,437; 7,651 shares @ $70.47 for $539,174; and 100 shares @ $71.34 for $7,134 — total proceeds ≈ $5,305,877. These were sales (not purchases), which are often routine but do not by themselves indicate the insider’s view of the company.

Key Details

• Transaction dates: May 1, 2026 (two large blocks) and May 4, 2026 (two smaller blocks). Filing date: May 4, 2026 (filed within required reporting window).
• Reported prices: weighted averages shown above; footnotes indicate multiple trades at price ranges:
  • one sale executed at $70.00–$70.99 (F2),
  • another at $71.00–$71.70 (F4),
  • another at $70.13–$70.98 (F5).
• Plan/authorization: At least one sale was made pursuant to a Rule 10b5-1 trading plan (F1).
• Ownership/beneficial interest: Some shares are held by Sariel Group Ltd.; the reporting person has voting and dispositive power over those shares but disclaims beneficial ownership except for pecuniary interest (F3).
• Shares owned after transaction: Not disclosed in this Form 4.

Context

• These were outright sales (transaction code S). Sales can be routine or pre-planned; the 10b5-1 plan note indicates some trades were executed under a pre-established plan.
• No options were exercised and no grants or gifts were reported in this filing.
• The filing appears timely (filed May 4, covering transactions on May 1 and May 4).