Aura Minerals (AUGO) Director Bruno Sousa Mauad Buys and Sells Shares

What Happened

• Bruno Sousa Mauad, a director of Aura Minerals (AUGO), reported multiple derivative transactions on Sept 29, 2026. He acquired 11,054 units at $26.53 ($293,268) and 6,739 units at $26.55 ($178,897), and sold 3,689 units at $27.32 ($100,768), 6,739 units at $26.53 ($178,789) and 7,365 units at $27.32 ($201,182). Total acquired = 17,793 units for $472,165; total disposed = 17,793 units for $480,739. These transactions were recorded as derivative transactions (not direct common-share purchases/sales).

Key Details

• Transaction date: September 29, 2026 (Form filed Sept 30, 2026) — filing appears timely.
• Prices and amounts:
  • Acquisitions: 11,054 @ $26.53 ($293,268); 6,739 @ $26.55 ($178,897).
  • Dispositions: 3,689 @ $27.32 ($100,768); 6,739 @ $26.53 ($178,789); 7,365 @ $27.32 ($201,182).
• Totals: 17,793 derivative units bought (≈$472.2k) and 17,793 sold (≈$480.7k); net zero change in units, small net cash proceeds (~$8.6k).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: These are BDRs (Brazilian Depositary Receipts); three BDRs represent one common share — 17,793 BDRs ≈ 5,931 common-share equivalent.
  • F2/F3: A 6,739-unit position was tied to a cash‑settled total return swap (Kapitalo Investimentos); that swap was settled at $27.32 using the Banco Central do Brasil conversion rate as of Sept 29, 2026.
• Reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.

Context

• These were derivative transactions (including a cash‑settled swap), not straightforward open‑market trades in common shares; derivative settlements and swaps can be used for hedging or cash-settlement purposes and do not necessarily indicate a change in long-term ownership intent.
• Purchases can be interpreted as a potentially positive signal, but here the equal volume bought and sold (net zero units) and the derivative/swap nature mean the filing alone does not clearly show an increase in beneficial ownership.