Director-linked Aura Minerals (AUGO) entities trim stake in May sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aura Minerals Inc. director-associated entities managed by Kapitalo Investimentos reported open‑market sales of Common Shares. On May 28, 2026, they sold 32,356 Common Shares at a weighted average price around $76.98, and on May 29, 2026 they sold 100,000 Common Shares at a weighted average price around $77.48. Footnotes state these were executed in multiple trades within disclosed price ranges.
Following the May 29 transactions, the filing shows 434,965 Common Shares indirectly held through Kapitalo-managed entities. The report also describes securities lending arrangements and related positions in Brazilian Depositary Receipts, where three BDRs represent one Common Share, characterized as other transactions without stated cash consideration.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 132,356 shares ($10,238,765)
Net Sell
6 txns
Insider
Sousa Mauad Bruno
Role
null
Sold
132,356 shs ($10.24M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Brazilian Depositary Receipts | 200 | $0.00 | -- |
| Other | Securities Lending Agreement | 200 | $0.00 | -- |
| Sale | Common Shares | 100,000 | $77.48 | $7.75M |
| Other | Brazilian Depositary Receipts | 20,318 | $0.00 | -- |
| Other | Securities Lending Agreement | 20,318 | $0.00 | -- |
| Sale | Common Shares | 32,356 | $76.98 | $2.49M |
Holdings After Transaction:
Brazilian Depositary Receipts — 15,959,022 shares (Indirect, (4));
Securities Lending Agreement — 15,959,222 shares (Indirect, (4));
Common Shares — 434,965 shares (Indirect, By Kapitalo Investimentos)
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76 to $77.96, 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 shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4; The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.20 to $78.62, 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 shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4; Brazilian Depositary Receipts ("BDR") are certificates representing Common Shares, no par value ("Common Shares") of the Issuer. Three BDRs represent one Common Share of the Issuer. The securities are owned directly by entities managed by Kapitalo Investimentos Ltda. ("Kapitalo") and may be deemed to be indirectly beneficially owned by Bruno Sousa Mauad, a partner of Kapitalo. Certain clients managed by Kapitalo entered into securities lending agreements whereby title to the securities of the Issuer transferred to a counterparty for the duration of the arrangement. Notwithstanding the foregoing transactions, such clients may be deemed to continues to have beneficial ownership over the securities reported herein as the arragngement may be discontinued at any time by the clients.
Key Figures
Shares sold May 28, 2026: 32,356 shares
Shares sold May 29, 2026: 100,000 shares
Total shares sold: 132,356 shares
+3 more
6 metrics
Shares sold May 28, 2026
32,356 shares
Open-market sale of Common Shares at weighted average $76.98
Shares sold May 29, 2026
100,000 shares
Open-market sale of Common Shares at weighted average $77.48
Total shares sold
132,356 shares
Net sell volume across both reported sale transactions
Indirect Common Share holdings
434,965 shares
Common Shares indirectly held after May 29, 2026 transaction
BDR to share ratio
3 BDRs = 1 Common Share
Relationship between Brazilian Depositary Receipts and Common Shares
Restructuring transactions
41,036 units
Shares tied to securities lending and BDR-related J-code entries
Key Terms
Brazilian Depositary Receipts, Securities Lending Agreement, weighted average price, beneficially owned, +1 more
5 terms
Brazilian Depositary Receipts financial
"Brazilian Depositary Receipts ("BDR") are certificates representing Common Shares, no par value"
Brazilian Depositary Receipts (BDRs) are certificates traded on Brazilian exchanges that represent ownership of shares in foreign companies, allowing local investors to buy and sell exposure to those overseas stocks without opening foreign brokerage accounts. They matter because they let investors diversify across global companies using local currency and trading hours, similar to buying a locally issued voucher for a foreign product, while still exposing portfolios to the performance and risks of the underlying foreign shares.
Securities Lending Agreement financial
"Certain clients managed by Kapitalo entered into securities lending agreements whereby title to the securities"
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions"
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.
beneficially owned financial
"may be deemed to be indirectly beneficially owned by Bruno Sousa Mauad, a partner of Kapitalo"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
securities lending financial
"entered into securities lending agreements whereby title to the securities of the Issuer transferred"
Securities lending is when an owner of stocks or bonds temporarily loans them to another party, usually so the borrower can sell them short or meet settlement needs; the lender receives a fee and typically some form of security in return. Investors should care because lending can generate extra income on holdings and affects market liquidity and short-selling activity, much like renting out a spare room brings income while someone else uses the space.
FAQ
What insider transactions did Aura Minerals (AUGO) report on this Form 4?
Aura Minerals reported that entities managed by Kapitalo Investimentos, associated with director Bruno Sousa Mauad, sold Common Shares in open-market trades and entered related securities lending and Brazilian Depositary Receipt transactions, all dated May 28 and May 29, 2026, according to the Form 4.
Who actually owns the Aura Minerals securities reported in this Form 4?
The securities are owned directly by entities managed by Kapitalo Investimentos Ltda. The filing states they may be deemed indirectly beneficially owned by Bruno Sousa Mauad, a partner of Kapitalo and director of Aura Minerals, reflecting his association with those managed entities.