Aura Minerals director nets 105,500-share sale
The Aug. 28 Form 4 shows a net sell of 105,500 shares, with trades reported as indirectly held and beneficial ownership disclaimed except for any pecuniary interest.
Rhea-AI Filing Summary
Aura Minerals Inc. (AUGO) director Bruno Sousa Mauad reported multiple indirect trades on August 28, 2026 through Kapitalo Investimentos, involving both Brazilian Depositary Receipts (BDRs) and common shares. Activity included sales of 200,000 BDRs at $27.7834 (three BDRs represent one common share) and other BDR conversions, alongside several open-market purchases of common shares, such as 126,000 shares at $89.3600. Across all buy and sell transactions, the filing shows a net sell of 105,500 shares, and all positions are reported as indirectly held with beneficial ownership disclaimed except for any pecuniary interest.
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Insights
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Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
15 txns
Insider
Sousa Mauad Bruno
Role
Director
Bought
252,000 shs ($21.79M)
Sold
357,500 shs ($19.22M)
Approx. gross sale proceeds
$13.66M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Brazilian Depositary Receipts F8, F9 | 200,000 | $27.7834 | $5.56M |
| Conversion | Brazilian Depositary Receipts F8, F14 | 91,832 | $27.7116 | $2.54M |
| Conversion | Brazilian Depositary Receipts F8, F15 | 1,168 | $28.3873 | $33K |
| Purchase | Common Shares F1 | 26,018 | $82.5743 | $2.15M |
| Purchase | Common Shares F2 | 61,552 | $83.5822 | $5.14M |
| Purchase | Common Shares F3 | 38,430 | $84.3175 | $3.24M |
| Purchase | Common Shares | 126,000 | $89.36 | $11.26M |
| Sale | Common Shares F4 | 9,410 | $84.415 | $794K |
| Sale | Common Shares F5 | 36,300 | $85.2855 | $3.10M |
| Sale | Common Shares F6 | 8,201 | $86.5039 | $709K |
| Sale | Common Shares F7 | 103,589 | $87.4672 | $9.06M |
| Conversion | Common Shares F10 | 10,385 | $82.5815 | $858K |
| Conversion | Common Shares F11 | 17,118 | $83.4283 | $1.43M |
| Conversion | Common Shares F12 | 2,497 | $83.9434 | $210K |
| Conversion | Common Shares F13 | 1,000 | $84.9771 | $85K |
Holdings After Transaction:
Brazilian Depositary Receipts — 13,619,369 contracts (Indirect, By Kapitalo Investimentos);
Common Shares — 290,856 shares (Indirect, By Kapitalo Investimentos)
Footnotes (15)
- F1. The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $82.00 to $82.92, 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 bought at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2. The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $82.95 to $83.90, 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 bought at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3. The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $83.90 to $84.73, 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 bought at each separate price within the ranges set forth in footnote (3) to this Form 4.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.00 to $84.94, 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 (4) to this Form 4.
- F5. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.96 to $85.90, 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 (5) to this Form 4.
- F6. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.90 to $86.85, 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 (6) to this Form 4.
- F7. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.86 to $87.68, 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 shares sold at each separate price within the ranges set forth in footnote (7) to this Form 4.
- F8. BDRs are certificates representing Common Shares of the Issuer. Three BDRs represent one Common Share of the Issuer.
- F9. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $27.66 to $27.94, 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 (9) to this Form 4. The weighted average price, R$144.49 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 28, 2026.
- F10. The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $81.98 to $82.92, 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 bought at each separate price within the ranges set forth in footnote (10) to this Form 4. The source of funds for the purchase was the sale of an equivalent number of BDRs, therefore effectively converting the interest in BDRs to an equivalent interest in common shares. See corresponding transaction in table II below.
- F11. The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $82.94 to $83.88, 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 bought at each separate price within the ranges set forth in footnote (11) to this Form 4. The source of funds for the purchase was the sale of an equivalent number of BDRs, therefore effectively converting the interest in BDRs to an equivalent interest in common shares. See corresponding transaction in table II below.
- F12. The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $83.89 to $84.00, 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 bought at each separate price within the ranges set forth in footnote (12) to this Form 4. The source of funds for the purchase was the sale of an equivalent number of BDRs, therefore effectively converting the interest in BDRs to an equivalent interest in common shares. See corresponding transaction in table II below.
- F13. The price reported is a weighted average price. These shares were bought in multiple transactions at prices ranging from $84.86 to $84.98, 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 bought at each separate price within the ranges set forth in footnote (13) to this Form 4. The source of funds for the purchase was the sale of an equivalent number of BDRs, therefore effectively converting the interest in BDRs to an equivalent interest in common shares. See corresponding transaction in table II below.
- F14. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $27.35 to $28.22, 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 (14) to this Form 4. The weighted average price, R$144.11 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 28, 2026. The proceeds of the sale were used to purchase an equivalent number of common shares, therefore effectively converting the interest in BDRs to an equivalent interest in common shares. See corresponding transaction in table I above.
- F15. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $28.33 to $28.46, 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 (15) to this Form 4. The weighted average price, R$147.63 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 28, 2026. The proceeds of the sale were used to purchase an equivalent number of common shares, therefore effectively converting the interest in BDRs to an equivalent interest in common shares. See corresponding transaction in table I above.
Key Figures
BDRs sold: 200,000.0000 BDRs
BDR price ratio: 3 BDRs per 1 common share
Common shares purchased: 126,000.0000 shares at $89.3600
+5 more
8 metrics
BDRs sold
200,000.0000 BDRs
Indirect sale on August 28, 2026 at $27.7834 per BDR
BDR price ratio
3 BDRs per 1 common share
BDRs represent common shares of Aura Minerals Inc.
Common shares purchased
126,000.0000 shares at $89.3600
Indirect open-market purchase on August 28, 2026
Additional common share purchases
26,018.0000; 61,552.0000; 38,430.0000 shares
Indirect purchases at $82.5743, $83.5822, $84.3175 on August 28, 2026
Common shares sold
9,410.0000; 36,300.0000; 8,201.0000; 103,589.0000 shares
Indirect sales at $84.4150–$87.4672 on August 28, 2026
Total shares bought and sold
252,000 bought; 357,500 sold
Transaction summary net sell of 105,500 shares
BDR weighted average prices
$27.7834; $27.7116; $28.3873 per BDR
Indirect BDR transactions on August 28, 2026
Net buy/sell direction
Net-sell 105,500 shares
Aggregate across buy and sell transactions in summary
Key Terms
Brazilian Depositary Receipts, BDRs, weighted average price, Banco Central do Brasil, +1 more
5 terms
Brazilian Depositary Receipts financial
"The price reported is a weighted average price. These BDRs were sold"
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.
BDRs financial
"BDRs are certificates representing Common Shares of the Issuer."
BDRs are securities traded in one country that represent shares of companies based elsewhere, allowing local investors to buy exposure to foreign stocks without directly purchasing them abroad. Think of them as a local storefront selling products made in another country: they broaden investment choices and diversification but can carry extra layers of risk from currency swings, different rules, and potential limits on shareholder rights, all of which matter for portfolio decisions.
weighted average price financial
"The price reported is a weighted average price. These shares were bought"
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.
Banco Central do Brasil financial
"has been converted to U.S. dollars ("USD") using the Banco Central do Brasil's"
pecuniary interest financial
"except to the extent of its pecuniary interest, if any, therein"
FAQ
What insider transactions were reported for AUGO by Bruno Sousa Mauad?
Bruno Sousa Mauad reported indirect trades in Brazilian Depositary Receipts and common shares of Aura Minerals Inc. on August 28, 2026, including both purchases and sales, resulting in a reported net sell of 105,500 shares across buy and sell transactions.
Did the AUGO insider Form 4 show buying or selling overall?
The Form 4 for Aura Minerals Inc. shows both purchases and sales, with the transaction summary indicating a net-sell direction of 105,500 shares when buy and sell transactions are combined.
Were the AUGO insider trades made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes describe weighted average pricing and BDR/common share conversions but do not state that the transactions were executed pursuant to a Rule 10b5-1 trading plan.
Does Bruno Sousa Mauad claim full beneficial ownership of the reported AUGO securities?
No. The Form 4 states that each reporting person disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest, and the holdings are reported as held indirectly by Kapitalo Investimentos.
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