Vieira Santos e Santos Gabriela 4

What Happened

• Gabriela Vieira Santos e Santos, Chief Legal Officer of dLocal Ltd (DLO), received an award of 40,329 Class A common shares on April 1, 2026. The grant price was $0.00, so no cash was paid on acquisition (reported value $0). This was an equity award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Filing date (Form 4): 2026-07-09 (the Form 4 was filed more than two months after the transaction).
• Shares involved: 40,329 shares granted at $0.00 per share.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The filing notes 104,885 Class A common shares are subject to outstanding restricted stock units (RSUs) that will vest based on continued service through the applicable vesting dates.
• Transaction type: Award/grant (A). Not a sale or purchase; no immediate cash proceeds.

Context

• This transaction appears to be a standard equity compensation grant for an executive. Awards and RSUs typically vest over time based on continued service; they do not necessarily indicate immediate buying or selling activity by the insider.
• The late filing (transaction on 2026-04-01, Form 4 filed 2026-07-09) is notable because Form 4s are generally required within two business days of the reportable transaction; investors may want to monitor for any explanations or follow-up filings.