Aura Minerals (AUGO) CFO sells 10,000 shares via Rule 10b5-1 trading plan
Rhea-AI Filing Summary
Aura Minerals Inc. reported that CFO and Corporate Secretary Joao Kleber Dos Santos Cardoso sold 10,000 Common Shares on 2026-08-07 in an open-market or private transaction at a weighted average price of $70.03 per share, with individual sale prices ranging from $70.00 to $70.48. The transaction was effected under a Rule 10b5-1 trading plan adopted on March 19, 2026, and left him holding 108,111 Common Shares directly.
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Dos Santos Cardoso Joao Kleber
Role
CFO and Corporate Secretary
Sold
10,000 shs ($700K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F2 | 10,000 | $70.03 | $700K |
Holdings After Transaction:
Common Shares — 108,111 shares (Direct)
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 19, 2026.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.48, 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.
Key Figures
Shares Sold: 10,000 Common Shares
Weighted Average Sale Price: $70.03 per share
Price Range: $70.00 to $70.48 per share
+2 more
5 metrics
Shares Sold
10,000 Common Shares
Non-derivative sale on 2026-08-07 by CFO and Corporate Secretary
Weighted Average Sale Price
$70.03 per share
Open-market or private transactions, prices from $70.00 to $70.48
Price Range
$70.00 to $70.48 per share
Range of prices for multiple transactions included in the sale
Shares Owned After Transaction
108,111 Common Shares
Direct holdings of the reporting person following the sale
Rule 10b5-1 Plan Adoption Date
March 19, 2026
Date the CFO adopted the trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price for 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.
open market or private transaction market
"transaction code description states Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Aura Minerals (AUGO) disclose in this Form 4?
Aura Minerals disclosed that its CFO and Corporate Secretary, Joao Kleber Dos Santos Cardoso, sold 10,000 Common Shares on 2026-08-07 in a reported open-market or private transaction under a pre-arranged trading plan.
Was the Aura Minerals (AUGO) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sales were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 19, 2026, indicating the trades were pre-arranged rather than discretionary.
Who is the insider involved in the Aura Minerals (AUGO) Form 4 transaction?
The insider is Joao Kleber Dos Santos Cardoso, who serves as CFO and Corporate Secretary of Aura Minerals Inc. He reported selling 10,000 Common Shares and retaining 108,111 shares directly.