Aura Minerals (AUGO) director sells shares outside plan
Rhea-AI Filing Summary
Aura Minerals Inc. (AUGO) director Bruno Sousa Mauad reported indirect sales of securities held through Kapitalo Investimentos. On 2026-08-19, entities associated with him sold 280,000 Common Shares at a weighted average price of $81.67 per share and 38,684 Brazilian Depositary Receipts (BDRs) at a weighted average price of $27.98 per BDR, with each BDR representing one-third of a Common Share. After these transactions, the reporting entities held 168,765 Common Shares and 15,634,789 BDRs indirectly. The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest and did not indicate use of a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 280,000 shares
Net Sell
2 txns
Insider
Sousa Mauad Bruno
Role
Director
Sold
318,684 shs ($23.95M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Brazilian Depository Receipts F2, F3 | 38,684 | $27.98 | $1.08M |
| Sale | Common Shares F1 | 280,000 | $81.67 | $22.87M |
Holdings After Transaction:
Brazilian Depository Receipts — 15,634,789 shares (Indirect, By Kapitalo Investimentos);
Common Shares — 168,765 shares (Indirect, By Kapitalo Investimentos)
Footnotes (3)
- F1. The price reported is a weighted average price. These shares were bought in one transaction at price of $81.67. 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;
- F2. 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.
- F3. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $27.55 to $28.34, 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$144.71 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 19, 2026.
Key Figures
Common Shares sold: 280,000 shares
Common Shares price: $81.67 per share
Common Shares held after transaction: 168,765 shares
+5 more
8 metrics
Common Shares sold
280,000 shares
Indirect sale on 2026-08-19
Common Shares price
$81.67 per share
Weighted average sale price for 280,000 Common Shares
Common Shares held after transaction
168,765 shares
Indirect holdings following the Common Shares sale
BDRs sold
38,684 BDRs
Indirect derivative sale on 2026-08-19
BDR price (USD weighted average)
$27.98 per BDR
Converted from BRL 144.71 using Banco Central do Brasil rate as of 2026-08-19
BDRs held after transaction
15,634,789 BDRs
Indirect holdings following the BDR sale
BDR to Common Share ratio
3 BDRs per 1 Common Share
Each Brazilian Depositary Receipt represents one-third of a Common Share
Net shares sold (all securities)
318,684 shares/BDRs
Total net sell volume across reported transactions
Key Terms
Brazilian Depositary Receipts, weighted average price, pecuniary interest, indirect ownership, +1 more
5 terms
Brazilian Depositary Receipts financial
"Brazilian Depositary Receipts ("BDR") are certificates representing Common Shares"
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.
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"
indirect ownership financial
"total_shares_following_transaction ... direct_or_indirect": "I""
Rule 10b5-1 regulatory
"aff_10b5_one": false, the filing's document-level Rule 10b5-1 checkbox"
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 this Form 4?
The filing reports two indirect sales by entities associated with director Bruno Sousa Mauad on 2026-08-19: a sale of 280,000 Common Shares and a sale of 38,684 Brazilian Depositary Receipts (BDRs).
What Brazilian Depositary Receipt (BDR) transactions did Aura Minerals (AUGO) disclose?
Entities associated with the director sold 38,684 BDRs on 2026-08-19 at a weighted average price of $27.98 per BDR, based on a BRL 144.71 price converted using Banco Central do Brasil’s rate. Three BDRs represent one Common Share.
What are the director’s indirect holdings in Aura Minerals (AUGO) after these sales?
After the reported sales, entities associated with the director held 168,765 Common Shares and 15,634,789 Brazilian Depositary Receipts indirectly, as disclosed in the Form 4 data for each security type.
Were the Aura Minerals (AUGO) insider sales made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked, and no footnote states that the transactions were made pursuant to a Rule 10b5-1 trading plan.
Does the reporting person claim full beneficial ownership of the Aura Minerals (AUGO) securities?
No. The reporting person states that each reporting person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest, and that this is not an admission of beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.