Afya (AFYA) VP details stock options, RSUs and share holdings

Rhea-AI Filing Summary

Afya Ltd Vice President Basolli Gomiero Mirella filed an initial ownership report showing a mix of common shares, stock options and restricted stock units tied to Class A Common Shares.

The filing lists four stock option grants, each labeled as a right to buy 26,000 Class A Common Shares at an exercise price of 59.4700 (denominated in Brazilian Reais), with expirations on May 1, 2028, May 1, 2029, May 1, 2030 and May 1, 2031. According to the footnotes, these options fully vest and become exercisable three years before their respective expiration dates, subject to continued service.

The report also shows 29,820 Class A Common Shares subject to outstanding RSUs, which are scheduled to vest as to 12,780 shares on May 1, 2026 and 17,040 shares on May 1, 2027, again contingent on continued service. In addition, the Vice President directly holds 35,265 Class A Common Shares as of the reporting date.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Basolli Gomiero Mirella

(Last) (First) (Middle)

C/O AFYA LIMITED

RUA PARAIBA NO. 330 17TH FL FUNCIONARIOS

(Street)

BELO HORIZONTE MINAS GERAIS 30130-917

(City) (State) (Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Afya Ltd [ AFYA ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Share	35,265	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	05/01/2025(1)	05/01/2028	Class A Common Share	26,000	$59.47(2)	D
Stock Option (Right to Buy)	05/01/2026(1)	05/01/2029	Class A Common Share	26,000	$59.47(2)	D
Stock Option (Right to Buy)	05/01/2027(1)	05/01/2030	Class A Common Share	26,000	$59.47(2)	D
Stock Option (Right to Buy)	05/01/2028(1)	05/01/2031	Class A Common Share	26,000	$59.47(2)	D
Restricted Stock Unit	(3)	(3)	Class A Common Share	29,820	(3)	D

Explanation of Responses:

1. The options fully vest and become exercisable three years prior to the expiration date, subject to the Reporting Person's continued service through the applicable vesting dates.

2. The exercise price is denominated in Brazilian Reais.

3. Represents Class A Common Shares subject to outstanding restricted stock units ("RSUs"). The RSUs have no expiration date and will vest as to 12,780 shares on May 1, 2026 and as to 17,040 shares on May 1, 2027, subject to the Reporting Person's continued service through the applicable vesting dates.

	/s/ Mirella Basolli Gomiero	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Afya (AFYA) Vice President Basolli Gomiero Mirella report on this Form 3?

The Form 3 reports Basolli Gomiero Mirella’s initial ownership in Afya. It lists directly held Class A Common Shares, multiple stock option grants, and restricted stock units that will convert into Class A shares as they vest over time.

How many Afya (AFYA) Class A Common Shares does the Vice President hold directly?

The Vice President directly holds 35,265 Class A Common Shares. This figure represents current share ownership separate from options or RSUs, which are additional rights to acquire or receive Class A shares in the future if vesting conditions are met.

What stock option awards for Afya (AFYA) shares are disclosed in this Form 3?

The filing discloses four stock option grants, each covering 26,000 Class A Common Shares at an exercise price of 59.4700 in Brazilian Reais, with expirations on May 1 of 2028, 2029, 2030 and 2031, subject to specified vesting conditions.

When do Basolli Gomiero Mirella’s Afya (AFYA) options vest and become exercisable?

According to the footnotes, the options fully vest and become exercisable three years prior to their respective expiration dates. Vesting is conditioned on the reporting person’s continued service with Afya through each applicable vesting date.

What Afya (AFYA) RSU awards are reported and when do they vest?

The report shows 29,820 Class A Common Shares subject to outstanding RSUs. These RSUs vest in two tranches: 12,780 shares on May 1, 2026 and 17,040 shares on May 1, 2027, provided the Vice President remains in service through those dates.

What is the exercise price and currency for Afya (AFYA) stock options in this filing?

Each listed stock option has an exercise price of 59.4700, and the footnotes clarify this price is denominated in Brazilian Reais. This means exercising the options would require paying that amount in Brazilian currency per underlying Class A Common Share.