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Aura Minerals Inc.·4

Jun 26, 2:55 PM ET

Sousa Mauad Bruno 4

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Aura Minerals (AUGO) Director Bruno Sousa Mauad Records Derivative Transfers

What Happened
Bruno Sousa Mauad, a director of Aura Minerals Inc. (AUGO), reported matched acquisitions and dispositions of derivative securities (BDRs) on June 24, 2026. The Form 4 shows dispositions of 8,524 and 437,786 BDRs and corresponding acquisitions of the same amounts; all transactions are coded as "J" (other acquisition/disposition) and reported at $0. Combined, the 446,310 BDRs equal 148,770 underlying common shares (3 BDRs = 1 common share, per filing). The $0 values and footnotes indicate these transfers relate to securities lending arrangements and entity-managed holdings rather than cash market buys or sells.

Key Details

  • Transaction date: 2026-06-24; Form 4 filed 2026-06-26 (appears timely, within typical 2-business-day window).
  • Reported price/value: $0 for each reported transfer (derivative/transfer activity).
  • Shares reported: 8,524 BDRs and 437,786 BDRs both disposed and acquired (total 446,310 BDRs → 148,770 common-share equivalents).
  • Ownership after transaction: Not specified on the provided summary of the Form 4.
  • Notable footnotes:
    • F1: BDR = Brazilian Depositary Receipt; 3 BDRs = 1 common share.
    • F2: Securities are owned by entities managed by Kapitalo Investimentos Ltda.; Bruno Sousa Mauad is a partner and may be deemed an indirect beneficial owner.
    • F3: Certain Kapitalo clients entered securities lending agreements that transferred legal title to counterparties temporarily; clients may still retain beneficial ownership and can terminate arrangements.
  • Reporting remark: The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.

Context
These entries are derivative/transfer items (securities lending/managed-account activity) rather than open-market cash purchases or sales, so they do not directly signal a personal buy or sell for cash. For retail investors, purchases are generally more informative than transfers; because these were reported at $0 and tied to lending arrangements, they should be interpreted as administrative/accounting movements rather than clear insider bullish or bearish trades.