Afya (AFYA) VP legal executes open-market sale of 5,000 shares

Rhea-AI Filing Summary

Afya Ltd executive Anibal Jose Grifo de Sousa, VP Legal, Compliance and Government Relations, conducted an open-market sale of 5,000 Class A Common Shares on April 7, 2026 at $15.20 per share. After this transaction, he continues to hold 45,000 Class A Common Shares directly, indicating he retains a substantial personal stake in the company despite trimming his position.

Insider Trade Summary

Net Seller: 5,000 shares ($76,000)

Net Sell 1 txn

Insider GRIFO DE SOUSA ANIBAL JOSE

Role VP Legal, Comp., & Gov Rel.

Sold 5,000 shs ($76K)

Type	Security	Shares	Price	Value
Sale	Class A Common Share	5,000	$15.20	$76K

Holdings After Transaction: Class A Common Share — 45,000 shares (Direct)

Footnotes (1)

Key Figures

Shares sold: 5,000 shares Sale price: $15.20 per share Shares held after transaction: 45,000 shares

3 metrics

Shares sold 5,000 shares Open-market sale on April 7, 2026

Sale price $15.20 per share Price for Class A Common Shares sold

Shares held after transaction 45,000 shares Direct ownership following the sale

Key Terms

Form 4, open-market sale, Class A Common Share, direct ownership

4 terms

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Share financial

"security_title": "Class A Common Share""

direct ownership financial

"ownership_type": "direct""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GRIFO DE SOUSA ANIBAL JOSE

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP Legal, Comp., & Gov Rel.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Share	04/07/2026		S		5,000	D	$15.2	45,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Anibal Jose Grifo de Sousa	04/09/2026
	** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did Afya (AFYA) report in this Form 4?

Afya reported that executive Anibal Jose Grifo de Sousa completed an open-market sale of 5,000 Class A Common Shares. The shares were sold at a price of $15.20 each, reflecting a routine portfolio move by a senior officer.

Who at Afya (AFYA) sold shares and what is their role?

The shares were sold by Anibal Jose Grifo de Sousa, Afya’s VP Legal, Compliance, and Government Relations. He is an officer of the company and remains a shareholder after this transaction, with a continuing direct ownership position.

How many Afya (AFYA) shares were sold and at what price?

The filing shows an open-market sale of 5,000 Afya Class A Common Shares at $15.20 per share. This single transaction reduces the officer’s holdings but represents only a portion of his previously owned shares.

How many Afya (AFYA) shares does the insider hold after the sale?

Following the reported transaction, the officer directly holds 45,000 Class A Common Shares of Afya. This remaining position indicates he continues to have meaningful exposure to the company’s equity despite the sale.

Was the Afya (AFYA) insider trade a buy or sell transaction?

The Form 4 records a sell transaction coded as an open-market sale. The officer disposed of 5,000 Class A Common Shares, while maintaining 45,000 shares afterward, according to the reported post-transaction holdings figure.