Scheinkman Jose Alexandre 4
Research Summary
AI-generated summary
StoneCo (STNE) Director Jose Scheinkman Receives Award
What Happened
- Jose Alexandre Scheinkman, a director of StoneCo Ltd. (STNE), was credited with 2,726 shares (reported as an award/acquisition) on May 7, 2026. The units were recorded at $0.00 (no cash cost to the reporting person) and reported on a Form 4 filed May 8, 2026.
- This was not a purchase or sale but an award: additional restricted stock units (RSUs) issued as dividend equivalents tied to previously granted RSU awards. These units remain subject to the same terms and vesting schedule as the underlying awards.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-08.
- Transaction type/code: A (award/acquisition); 2,726 units @ $0.00 (no cash paid).
- Shares owned after transaction: Not specified on the Form 4 (the filing does not disclose total beneficial ownership post-credit).
- Footnotes of note:
- F1: These are dividend equivalent rights credited as additional RSUs and follow the same vesting/terms as the underlying awards.
- F2: The additional RSUs were credited at no cash cost to the reporting person.
- F3: The reported amount may include both RSUs (contingent rights to receive one share each) and actual shares of Common Stock.
- Filing timeliness: Filed the day after the transaction (May 8 for a May 7 event), which is within the standard Form 4 reporting window.
Context
- This is a non-cash equity award tied to previously granted RSUs and does not represent buying or selling of stock. Such dividend equivalent credits are routine corporate actions and do not by themselves signal insider buying or selling sentiment.
- For investors tracking insider activity, purchases are typically more informative; this award is an administrative credit related to prior compensation.