Afya (AFYA) CEO exercises 59K shares and reports tax-withholding of 16K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Afya Ltd Chief Executive Officer Gibbon Virgilio Deloy Capobianco reported a set of equity compensation transactions involving Class A common shares and restricted stock units (RSUs) on May 7, 2026.
He exercised derivative awards to acquire a total of 59,000 Class A common shares, and a separate transaction shows 16,225 shares withheld at $14.41 per share to cover tax obligations, a non-market “F” code disposition. Following these transactions, he directly owns 151,223 Class A common shares and indirectly holds 200,000 Class A common shares through GIBBOAT OVERSEAS LTD, which he solely owns and controls. Footnotes state that RSUs convert into common shares on a one-for-one basis, have no expiration date, and either fully vested on May 5, 2026 or will vest in annual tranches from 2027 to 2029 subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
59,000 shares exercised/converted
Mixed
6 txns
Insider
Gibbon Virgilio Deloy Capobianco
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 9,000 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 18,000 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 32,000 | $0.00 | -- |
| Exercise | Class A Common Share | 59,000 | $0.00 | -- |
| Tax Withholding | Class A Common Share | 16,225 | $14.41 | $234K |
| holding | Class A Common Share | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 81,000 shares (Direct, null);
Class A Common Share — 167,448 shares (Direct, null);
Class A Common Share — 200,000 shares (Indirect, By GIBBOAT OVERSEAS LTD)
Footnotes (1)
- Restricted stock units (the "RSUs") convert into common shares on a one-for-one basis. GIBBOAT OVERSEAS LTD is solely owned and controlled by the Reporting Person. The RSUs have no expiration date and vested as to 9,000 shares on May 5, 2026. The remaining RSUs will vest as to 18,000, 27,000 and 36,000 shares on the first day of May in 2027, 2028 and 2029, respectively, subject to the Reporting Person's continued service through the applicable vesting dates. The RSUs have no expiration date and fully vested on May 5, 2026.
Key Figures
Derivative exercises: 59,000 shares
Tax-withholding disposition: 16,225 shares at $14.41
Direct holdings after transactions: 151,223 shares
+4 more
7 metrics
Derivative exercises
59,000 shares
Class A common shares acquired via exercise on May 7, 2026
Tax-withholding disposition
16,225 shares at $14.41
Shares withheld to cover tax obligations, code F
Direct holdings after transactions
151,223 shares
Class A common shares directly owned following transactions
Indirect holdings via GIBBOAT OVERSEAS LTD
200,000 shares
Class A common shares held through entity solely owned and controlled by CEO
RSU conversion ratio
1:1
Restricted stock units convert into common shares on a one-for-one basis
RSU vesting date (full tranche)
May 5, 2026
Certain RSUs fully vested on this date
Future RSU vesting years
2027, 2028, 2029
Remaining RSUs vest annually, subject to continued service
Key Terms
Restricted stock units, tax-withholding disposition, Class A Common Share, indirect ownership, +1 more
5 terms
Restricted stock units financial
"Restricted stock units (the "RSUs") convert into common shares on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By GIBBOAT OVERSEAS LTD""
vested financial
"fully vested on May 5, 2026"
FAQ
What insider transactions did Afya (AFYA) CEO report on May 7, 2026?
Afya’s CEO reported exercising derivative awards for 59,000 Class A common shares and a tax-withholding disposition of 16,225 shares at $14.41 per share. These actions reflect equity compensation activity rather than open-market buying or selling of stock.
Were Afya (AFYA) CEO’s Form 4 transactions open-market sales or tax withholding?
The filing shows an “F” code tax-withholding disposition of 16,225 shares at $14.41 per share, used to satisfy tax obligations. There is no “S” code open-market sale, indicating these shares were not sold in the market but withheld by the issuer.
What are the key terms of Afya (AFYA) CEO’s restricted stock units?
Footnotes state the restricted stock units convert into common shares on a one-for-one basis and have no expiration date. Some RSUs fully vested on May 5, 2026, while others vest in tranches in 2027, 2028, and 2029, contingent on the CEO’s continued service.