STOCK TITAN

Aura Minerals (AUGO) insider offloads BDRs and 222K shares

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Aura Minerals Inc. (AUGO) director Bruno Sousa Mauad, through entity Kapitalo Investimentos, reported indirect transactions involving Brazilian Depository Receipts ("BDRs") and Common Shares on August 21, 2026. Kapitalo sold 22,386 BDRs at $29.79 per BDR and 222,652 Common Shares at $88.11 per share in open market or private transactions. Kapitalo also exchanged 375,000 BDRs (each three BDRs representing one Common Share) for 125,000 Common Shares via derivative conversions. The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest, and the Rule 10b5-1 trading-plan box was not checked.

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Negative

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Insights

Analyzing...

Insider Sousa Mauad Bruno
Role Director
Sold 245,038 shs ($20.28M)
Approx. gross sale proceeds $19.62M
Type Security Shares Price Value
Sale Brazilian Depository Receipts F2, F3 22,386 $29.79 $667K
Conversion Brazilian Depository Receipts F2, F4, F5 375,000 $28.95 $10.86M
Sale Common Shares 222,652 $88.11 $19.62M
Conversion Common Shares F1 125,000 $87.45 $10.93M
Holdings After Transaction: Brazilian Depository Receipts — 14,372,786 shares (Indirect, By Kapitalo Investimentos); Common Shares — 196,113 shares (Indirect, By Kapitalo Investimentos)
Footnotes (5)
  1. F1. The shares were acquired through the exchange of Brazilian Depositary Receipts ("BDRs") into Common Shares, no par value ("Common Shares"), of the Issuer.
  2. F2. BDRs are certificates representing Common Shares of the Issuer. Three BDRs represent one Common Share of the Issuer.
  3. F3. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $29.45 to $29.80, 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$152.61 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 21, 2026.
  4. F4. These BDRs were disposed through the exchange of BDRs into Common Shares of the Issuer.
  5. F5. The stated price in USD of $28.95 has been converted from Brazilian Reais to USD using the Banco Central do Brasil's conversion rate as of August 21, 2026.
BDRs sold 22,386 Brazilian Depository Receipts Sold indirectly via Kapitalo Investimentos on August 21, 2026
BDR sale price $29.79 per BDR Weighted average U.S. dollar price for 22,386 BDRs sold
Common Shares sold 222,652 Common Shares Indirect sale via Kapitalo Investimentos on August 21, 2026
Common Share sale price $88.11 per share Average price for 222,652 Common Shares sold
BDRs converted 375,000 Brazilian Depository Receipts Disposed through exchange of BDRs into Common Shares
Common Shares from conversion 125,000 Common Shares Shares received from exchange of 375,000 BDRs
BDR to Common Share ratio 3 BDRs per 1 Common Share BDRs represent Common Shares of the issuer
Net buy/sell shares -245,038 shares-equivalent Transaction summary netBuySellShares with net-sell direction
Brazilian Depository Receipts financial
"The shares were acquired through the exchange of Brazilian Depositary Receipts"
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.
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of its pecuniary interest"
Conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security"
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By Kapitalo Investimentos""

FAQ

What did Bruno Sousa Mauad report in this Form 4 for Aura Minerals Inc. (AUGO)?

He reported indirect transactions through Kapitalo Investimentos on August 21, 2026, including sales of BDRs and Common Shares of Aura Minerals Inc. and exchanges of BDRs into Common Shares, while disclaiming beneficial ownership beyond any pecuniary interest.

How many Aura Minerals (AUGO) Brazilian Depository Receipts were sold and at what price?

Kapitalo Investimentos sold 22,386 Brazilian Depository Receipts (BDRs) at a weighted average price of $29.79 per BDR, based on a BRL price of R$152.61 converted to U.S. dollars using Banco Central do Brasil’s rate on August 21, 2026.

How many Aura Minerals (AUGO) Common Shares were sold in this Form 4?

Kapitalo Investimentos sold 222,652 Common Shares of Aura Minerals Inc. at an average price of $88.11 per share in open market or private transactions on August 21, 2026, as reported in the Form 4.

What conversions between BDRs and Common Shares of Aura Minerals (AUGO) were reported?

The filing reports that 375,000 BDRs were exchanged into 125,000 Common Shares of Aura Minerals Inc. The Form 4 notes that three BDRs represent one Common Share, and one conversion leg shows the Common Shares acquired from that exchange.

Were the Aura Minerals (AUGO) transactions done under a Rule 10b5-1 trading plan?

No. The Form 4’s Rule 10b5-1 checkbox is not checked, indicating the reported transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan.

Were the Aura Minerals (AUGO) transactions direct or indirect for the reporting person?

All reported positions are indirect, held "By Kapitalo Investimentos." The reporting person disclaims beneficial ownership of the securities except to the extent of any pecuniary interest in those indirectly held positions.

What is the net buy/sell share effect reported in this Form 4 for AUGO?

The transaction summary shows netBuySellShares of -245,038 with a net-sell direction, reflecting that, across the reported buy/sell-type transactions, dispositions exceeded acquisitions by 245,038 shares-equivalent.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sousa Mauad Bruno

(Last)(First)(Middle)
C/O AURA TECHNICAL SERVICES INC.
3390 MARY ST, SUITE 116

(Street)
COCONUT GROVE FLORIDA 33133

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Aura Minerals Inc. [ AUGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares08/21/2026S222,652D$88.1171,113IBy Kapitalo Investimentos
Common Shares08/21/2026C125,000(1)A$87.45196,113IBy Kapitalo Investimentos
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Brazilian Depository Receipts(2)08/21/2026S22,386 (2) (2)Common shares, no par value7,462$29.79(3)14,747,786IBy Kapitalo Investimentos
Brazilian Depository Receipts(2)08/21/2026C375,000(4) (2) (2)Common shares, no par value125,000$28.95(5)14,372,786IBy Kapitalo Investimentos
Explanation of Responses:
1. The shares were acquired through the exchange of Brazilian Depositary Receipts ("BDRs") into Common Shares, no par value ("Common Shares"), of the Issuer.
2. BDRs are certificates representing Common Shares of the Issuer. Three BDRs represent one Common Share of the Issuer.
3. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $29.45 to $29.80, 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$152.61 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 21, 2026.
4. These BDRs were disposed through the exchange of BDRs into Common Shares of the Issuer.
5. The stated price in USD of $28.95 has been converted from Brazilian Reais to USD using the Banco Central do Brasil's conversion rate as of August 21, 2026.
Remarks:
Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Bruno Sousa Mauad08/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)