Aura Minerals director sells 250,000 BDRs
A director associated with Aura Minerals reported a large net sale of BDRs on September 3, 2026, through an investment manager.
Rhea-AI Filing Summary
Aura Minerals Inc. (AUGO) director Sousa Mauad Bruno, through Kapitalo Investimentos, reported mixed trading in Brazilian Depositary Receipts (BDRs) on September 3, 2026. The reporting party bought 1,000 BDRs and sold 250,000 BDRs, with each three BDRs representing one common share. No Rule 10b5-1 trading plan is reported, and beneficial ownership is disclaimed except for any pecuniary interest.
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Insights
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Insider Trade Summary
Net Seller: 249,000 shares
Net Sell
2 txns
Insider
Sousa Mauad Bruno
Role
Director
Bought
1,000 shs ($29K)
Sold
250,000 shs ($7.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Brazilian Depositary Receipts F1 | 1,000 | $29.1982 | $29K |
| Sale | Brazilian Depositary Receipts F1, F2 | 250,000 | $29.3236 | $7.33M |
Holdings After Transaction:
Brazilian Depositary Receipts — 13,309,160 contracts (Indirect, By Kapitalo Investimentos)
Footnotes (2)
- F1. BDRs are certificates representing Common Shares of the Issuer. Three BDRs represent one Common Share of the Issuer.
- F2. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $29.12 to $29.61, 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$149.44 Brazilian reais ("BRL") per BDR, has been converted to U.S. dollars ("USD") using the Banco Central do Brasil's conversion rate as of September 3, 2026.
Key Figures
BDRs purchased: 1,000 BDRs
BDRs sold: 250,000 BDRs
Purchase price per BDR: $29.1982 per BDR
+3 more
6 metrics
BDRs purchased
1,000 BDRs
Indirect purchase on September 3, 2026 by entity associated with director
BDRs sold
250,000 BDRs
Indirect sale on September 3, 2026 by entity associated with director
Purchase price per BDR
$29.1982 per BDR
Price for 1,000 BDRs bought on September 3, 2026
Weighted average sale price per BDR
$29.3236 per BDR
Average for 250,000 BDRs sold between $29.12 and $29.61
BDR-to-share ratio
3 BDRs per 1 common share
Each Brazilian Depositary Receipt represents one-third of a common share
Sale price in BRL per BDR
R$149.44 per BDR
Weighted average price before conversion to U.S. dollars
Key Terms
Brazilian Depositary Receipts, weighted average price, pecuniary interest, Banco Central do Brasil
4 terms
Brazilian Depositary Receipts financial
"BDRs are certificates representing Common Shares of the Issuer."
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."
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
"except to the extent of its pecuniary interest, if any, therein"
Banco Central do Brasil financial
"using the Banco Central do Brasil's conversion rate as of September 3, 2026."
FAQ
What insider transactions did Aura Minerals Inc. (AUGO) report on September 3, 2026?
A director associated with Aura Minerals reported buying 1,000 BDRs and selling 250,000 BDRs of Aura Minerals on September 3, 2026, all held indirectly through Kapitalo Investimentos.
What prices were involved in the Aura Minerals (AUGO) BDR transactions?
The reported purchase price was $29.1982 per BDR. The sale used a weighted average price of $29.3236 per BDR, based on multiple trades between $29.12 and $29.61 and converted from R$149.44 BRL using Banco Central do Brasil’s rate on September 3, 2026.
Were the Aura Minerals (AUGO) BDR trades made under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for these Aura Minerals BDR transactions on September 3, 2026.
Does the Aura Minerals (AUGO) director hold the BDRs directly?
No. The BDRs are held indirectly through Kapitalo Investimentos. The reporting person also disclaims beneficial ownership of the securities except to the extent of any pecuniary interest.
What is the nature of the price disclosure for the Aura Minerals (AUGO) BDR sale?
The sale price is reported as a weighted average price of $29.3236 per BDR. The BDRs were sold in multiple trades between $29.12 and $29.61, and the average of R$149.44 BRL per BDR was converted to U.S. dollars using Banco Central do Brasil’s rate.
AI-generated analysis. How Rhea-AI works. Not financial advice.