Aura Minerals director buys 3,500 BDRs at $28.58
Rhea-AI Filing Summary
Aura Minerals Inc. (AUGO) director Sousa Mauad Bruno reported that an entity associated with him, Kapitalo Investimentos, purchased 3,500 Brazilian Depositary Receipts (BDRs) on September 10, 2026 in an open-market or private transaction at a weighted average price of $28.58 per BDR. After this transaction, the entity holds 13,295,628 BDRs indirectly. Each BDR represents common shares of Aura Minerals, with three BDRs equal to one common share, and the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,500 shares
Net Buy
1 txn
Insider
Sousa Mauad Bruno
Role
Director
Bought
3,500 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Brazilian Depositary Receipts F1, F2 | 3,500 | $28.5763 | $100K |
Holdings After Transaction:
Brazilian Depositary Receipts — 13,295,628 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 bought in multiple transactions at prices ranging from $28.44 to $28.73, 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 BDRs bought at each separate price within the ranges set forth in footnote (2) to this Form 4. The weighted average price, R$146.17 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 10, 2026.
Key Figures
BDRs purchased: 3,500 Brazilian Depositary Receipts
Weighted average purchase price per BDR: $28.58 per BDR
BDR price range: $28.44–$28.73 per BDR
+4 more
7 metrics
BDRs purchased
3,500 Brazilian Depositary Receipts
Purchase by entity associated with director on September 10, 2026
Weighted average purchase price per BDR
$28.58 per BDR
Weighted average in U.S. dollars for trades between $28.44 and $28.73
BDR price range
$28.44–$28.73 per BDR
Range of prices for multiple purchase executions on September 10, 2026
Indirect BDR holdings after transaction
13,295,628 Brazilian Depositary Receipts
Total BDRs held indirectly through Kapitalo Investimentos after the purchase
Underlying common shares for this purchase
1,166.67 common shares
Underlying Aura Minerals common shares represented by the 3,500 BDRs
Exchange-rate-based BDR price
R$146.17 per BDR
Weighted average BDR price in Brazilian reais, converted to U.S. dollars for reporting
BDR-to-common-share ratio
3 BDRs per 1 common share
Each Brazilian Depositary Receipt represents a fraction of an Aura Minerals common share
Key Terms
Brazilian Depositary Receipts, weighted average price, pecuniary interest
3 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
"disclaims beneficial ownership ... except to the extent of its pecuniary interest"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Aura Minerals Inc. (AUGO) report on this Form 4?
Aura Minerals reported that an entity associated with director Sousa Mauad Bruno bought 3,500 Brazilian Depositary Receipts (BDRs) on September 10, 2026 in a purchase classified as an open-market or private transaction.
At what price were the Aura Minerals (AUGO) BDRs purchased in this Form 4?
The 3,500 BDRs were bought at a weighted average price of $28.58 per BDR, based on trades between $28.44 and $28.73. The weighted average corresponds to R$146.17 per BDR, converted to U.S. dollars using Banco Central do Brasil’s rate on September 10, 2026.
How many Aura Minerals (AUGO) BDRs does the reporting entity hold after this transaction?
Following the purchase, the entity associated with the director holds 13,295,628 Brazilian Depositary Receipts (BDRs) indirectly. The filing states that the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Was the Aura Minerals (AUGO) insider trade made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and no footnote states that the transaction was made under a Rule 10b5-1 or other pre-arranged trading plan.
Is the Aura Minerals (AUGO) director the direct owner of the BDRs reported?
No. The BDRs are held indirectly through Kapitalo Investimentos. The reporting person is a director and disclaims beneficial ownership of the securities except for any pecuniary interest, according to the filing’s remarks.
AI-generated analysis. How Rhea-AI works. Not financial advice.