Aura Minerals (AUGO) director logs mixed share and BDR trades
Rhea-AI Filing Summary
Aura Minerals Inc. (AUGO) director Bruno Sousa Mauad reported indirect transactions through Kapitalo Investimentos involving Brazilian Depository Receipts (BDRs) and common shares. On 2026-08-24, 270,000 BDRs representing 90,000 common shares were exchanged into common shares and 4,587 BDRs (1,529 underlying common shares) were sold. On the same date, 120,757 common shares were sold and 90,000 common shares were acquired via the BDR exchange, all held indirectly. Each reporting person disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Sousa Mauad Bruno
Role
Director
Sold
125,344 shs ($10.82M)
Approx. gross sale proceeds
$10.68M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Brazilian Depository Receipts F2, F5, F4 | 270,000 | $29.03 | $7.84M |
| Sale | Brazilian Depository Receipts F2, F3 | 4,587 | $29.65 | $136K |
| Sale | Common Shares | 120,757 | $88.45 | $10.68M |
| Conversion | Common Shares F1 | 90,000 | $87.18 | $7.85M |
Holdings After Transaction:
Brazilian Depository Receipts — 14,098,199 shares (Indirect, By Kapitalo Investimentos);
Common Shares — 165,356 shares (Indirect, By Kapitalo Investimentos)
Footnotes (5)
- F1. 1. The shares were acquired through the exchange of Brazilian Depositary Receipts ("BDRs") into Common Shares, no par value ("Common Shares"), of the Issuer.
- F2. BDRs are certificates representing Common Shares of the Issuer. Three BDRs represent one Common Share of the Issuer.
- F3. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $29.61 to $29.68, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of BDRs sold at each separate price within the ranges set forth in footnote (3) to this Form 4. The weighted average price, R$152.71 Brazilian reais ("BRL") per BDR, has been converted to U.S. dollars ("USD") using the Banco Central do Brasil's conversion rate as of August 24, 2026.
- F4. The price reported is a weighted average price. These BDRs were sold in multiple transactions, all at the price of $ 29.03. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of BDRs sold at each separate price within the ranges set forth in footnote (4) to this Form 4. The weighted average price, R$149.54 Brazilian reais ("BRL") per BDR, has been converted to U.S. dollars ("USD") using the Banco Central do Brasil's conversion rate as of August 24, 2026.
- F5. These BDRs were disposed through the exchange of BDRs into Common Shares of the Issuer.
Key Figures
BDRs converted: 270,000 Brazilian Depository Receipts
Common shares received from BDR exchange: 90,000 common shares
BDRs sold: 4,587 Brazilian Depository Receipts
+5 more
8 metrics
BDRs converted
270,000 Brazilian Depository Receipts
Disposed through exchange into common shares on 2026-08-24
Common shares received from BDR exchange
90,000 common shares
Three BDRs represent one common share; exchange on 2026-08-24
BDRs sold
4,587 Brazilian Depository Receipts
Sold on 2026-08-24 at weighted average price
Weighted average BDR sale price
$29.65 per BDR
Multiple transactions between $29.61 and $29.68 on 2026-08-24
Common shares sold
120,757 common shares
Indirect sale on 2026-08-24
Common share sale price
$88.45 per common share
Price reported for 120,757 common shares sold
Common share conversion price
$87.18 per common share
Price reported for 90,000 common shares acquired via BDR exchange
BDR-to-common share ratio
3 BDRs per 1 common share
Footnote states three BDRs represent one common share
Key Terms
Brazilian Depository Receipts, weighted average price, pecuniary interest, Section 16, +1 more
5 terms
Brazilian Depository Receipts financial
"The shares were acquired through the exchange of Brazilian Depositary Receipts"
Brazilian Depositary Receipts are financial certificates issued in Brazil that represent ownership of shares in companies listed outside Brazil, allowing local investors to buy and sell foreign stocks without using a foreign exchange. They matter because they let investors easily access international companies while trading in local currency and under domestic rules, exposing portfolios to foreign business performance and currency moves much like buying a locally labeled version of a foreign product.
weighted average price financial
"The price reported is a weighted average price. These BDRs were sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of its pecuniary interest"
Section 16 regulatory
"beneficial owner of such securities for purposes of Section 16 or"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 10b5-1 regulatory
"aff_10b5_one indicates the Rule 10b5-1 checkbox status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did Aura Minerals Inc. (AUGO) report on 2026-08-24?
On 2026-08-24, director Bruno Sousa Mauad reported indirect transactions via Kapitalo Investimentos: a conversion of 270,000 BDRs into 90,000 common shares, the sale of 4,587 BDRs, the sale of 120,757 common shares, and the acquisition of 90,000 common shares from the BDR exchange.
How many Aura Minerals (AUGO) Brazilian Depository Receipts were converted and sold?
Kapitalo Investimentos converted 270,000 Brazilian Depository Receipts (BDRs) into 90,000 common shares and sold 4,587 BDRs on 2026-08-24. Each BDR represents one-third of a common share, so 4,587 BDRs correspond to 1,529 underlying common shares.
What prices were involved in the Aura Minerals (AUGO) BDR transactions?
The 270,000 BDRs disposed in exchange for common shares carried a reported price of $29.03 per BDR. The 4,587 BDRs sold carried a weighted average price of $29.65 per BDR, based on trades between $29.61 and $29.68 and converted from R$152.71 per BDR.
Were the Aura Minerals (AUGO) insider transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox for this Form 4 is not checked, and the footnotes do not state that these trades occurred under a Rule 10b5-1 trading plan. The reporting persons also disclaim beneficial ownership beyond any pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.