Aura Minerals (AUGO) insider offloads BDRs and 222K shares
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
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)
- F1. The shares were acquired through the exchange of Brazilian Depositary Receipts ("BDRs") into Common Shares, no par value ("Common Shares"), of the Issuer.
- F2. BDRs are certificates representing 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 $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.
- F4. These BDRs were disposed through the exchange of BDRs into Common Shares of the Issuer.
- 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.
Key Figures
BDRs sold: 22,386 Brazilian Depository Receipts
BDR sale price: $29.79 per BDR
Common Shares sold: 222,652 Common Shares
+5 more
8 metrics
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
Key Terms
Brazilian Depository Receipts, weighted average price, pecuniary interest, Conversion of derivative security, +1 more
5 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.