Aura Minerals (AUGO) director-linked entity sells 26,573 BDRs on June 30
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aura Minerals Inc. director Sousa Mauad Bruno, through indirect holdings "by Kapitalo Investimentos," reported an open-market sale of 26,573 Brazilian Depository Receipts (BDRs) on June 30, 2026 at a weighted average price of $20.79 per BDR. Each BDR represents one-third of a common share, so the transaction corresponds to 8,857.67 underlying common shares. Following the sale, the indirect position shown in this filing is 15,673,473 BDRs, indicating this was a small reduction relative to the overall disclosed holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,573 shares ($552,453)
Net Sell
1 txn
Insider
Sousa Mauad Bruno
Role
null
Sold
26,573 shs ($552K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Brazilian Depository Receipts | 26,573 | $20.79 | $552K |
Holdings After Transaction:
Brazilian Depository Receipts — 15,673,473 shares (Indirect, By Kapitalo Investimentos)
Footnotes (1)
- 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 price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $20,58 to $20,95, 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 (2) to this Form 4. The weighted average price, R$107,62 Brazilian reais ("BRL") per BDR, has been converted to U.S. dollars ("USD") using the Banco Central do Brasil's conversion rate as of June 30, 2026.
Key Figures
BDRs sold: 26,573 BDRs
Weighted average sale price: $20.79 per BDR
Price range: $20.58–$20.95 per BDR
+3 more
6 metrics
BDRs sold
26,573 BDRs
Open-market sale on June 30, 2026
Weighted average sale price
$20.79 per BDR
Open-market sale on June 30, 2026
Price range
$20.58–$20.95 per BDR
Multiple transactions within this range
Underlying common shares
8,857.67 shares
Three BDRs represent one common share
Remaining BDR holdings
15,673,473 BDRs
Indirect holdings after transaction
BRL weighted price
R$107.62 per BDR
Converted using Banco Central do Brasil rate on June 30, 2026
Key Terms
Brazilian Depository Receipts, weighted average price, underlying security, Banco Central do Brasil
4 terms
Brazilian Depository Receipts financial
"Brazilian Depositary Receipts ("BDR") are certificates representing Common Shares"
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.
underlying security financial
"underlying_security_title": "Common shares, no par value"
Banco Central do Brasil financial
"converted to U.S. dollars ("USD") using the Banco Central do Brasil's conversion rate"
FAQ
What insider transaction did Aura Minerals (AUGO) report in this Form 4?
Aura Minerals reported that director Sousa Mauad Bruno, via Kapitalo Investimentos, sold 26,573 Brazilian Depository Receipts in an open-market transaction. These receipts represent 8,857.67 underlying common shares based on a three-to-one BDR-to-share ratio disclosed in the filing.
At what price were the Aura Minerals (AUGO) BDRs sold in this transaction?
The BDRs were sold at a weighted average price of $20.79 per receipt. The filing notes multiple trades occurred within a price range of $20.58 to $20.95, with the average price converted from 107.62 Brazilian reais using the Banco Central do Brasil’s rate.
How large is the remaining BDR position after this Aura Minerals (AUGO) sale?
After the reported sale, the filing shows 15,673,473 Brazilian Depository Receipts held indirectly. This remaining balance indicates the 26,573 BDRs sold represent a small portion of the total disclosed indirect holdings associated with the reporting person.
Who actually holds the Aura Minerals (AUGO) BDRs involved in the Form 4 transaction?
The BDRs are held indirectly "by Kapitalo Investimentos," as stated in the ownership description. Sousa Mauad Bruno is the reporting person, but the filing attributes ownership to this entity, meaning the trades are executed at the entity level rather than personally.
What do Aura Minerals (AUGO) Brazilian Depository Receipts represent?
The Brazilian Depository Receipts represent common shares of Aura Minerals with no par value. The filing specifies that three BDRs equal one common share, so holders can translate BDR quantities into underlying share exposure using this three-to-one ratio.