Sousa Mauad Bruno 4

What Happened

• Sousa Mauad Bruno, a director of Aura Minerals Inc. (AUGO), sold 26,573 Brazilian Depositary Receipts (BDRs) in open-market/private transactions on June 30, 2026. The weighted-average sale price was $20.79 per BDR, for total proceeds of $552,453. The filing lists the transaction as a derivative disposition (BDRs represent common shares).

Key Details

• Transaction date: June 30, 2026; Form 4 filed July 1, 2026 (no late filing indicated).
• Price: weighted average $20.79 per BDR; individual trade prices ranged $20.58–$20.95 (report discloses range and weighted average; breakdown available on request).
• Quantity: 26,573 BDRs sold; three BDRs = one common share, so this equals approximately 8,858 common-share equivalents.
• Proceeds: $552,453 (USD), converted from BRL using Banco Central do Brasil rate as of June 30, 2026.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes/remarks: F1 explains BDRs represent common shares (3 BDRs per share). F2 explains weighted-average price, price range, and currency conversion; the reporting person disclaims beneficial ownership except to extent of pecuniary interest.

Context

• BDRs are certificates that represent underlying common shares of the issuer; this sale is a disposition of those derivative instruments rather than a direct share issuance or option exercise.
• Sales by directors are often routine portfolio transactions and do not by themselves indicate company performance. No details in the filing suggest this was part of a 10b5-1 plan or a tax-withholding event.