Aura Minerals director sells 1,803 BDRs
A director associated with Aura Minerals reported an indirect sale of Brazilian Depositary Receipts while retaining a large remaining indirect position.
Rhea-AI Filing Summary
Aura Minerals Inc. (AUGO) director Sousa Mauad Bruno reported an indirect sale of 1,803 Brazilian Depositary Receipts (BDRs) representing 601 common shares on September 8, 2026, through Kapitalo Investimentos. The weighted average sale price was $28.8611 per BDR, and indirect holdings after the transaction were 13,307,357 BDRs. No Rule 10b5-1 trading plan is reported, and beneficial ownership is disclaimed except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,803 shares
Net Sell
1 txn
Insider
Sousa Mauad Bruno
Role
Director
Sold
1,803 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Brazilian Depositary Receipts F1, F2 | 1,803 | $28.8611 | $52K |
Holdings After Transaction:
Brazilian Depositary Receipts — 13,307,357 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 $28.82 to $28.94, 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$146.79 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 8, 2026.
Key Figures
BDRs sold: 1,803 Brazilian Depositary Receipts
Underlying common shares sold: 601 common shares
Weighted average sale price: $28.8611 per BDR
+3 more
6 metrics
BDRs sold
1,803 Brazilian Depositary Receipts
Indirect sale reported for September 8, 2026
Underlying common shares sold
601 common shares
Three BDRs represent one common share
Weighted average sale price
$28.8611 per BDR
Multiple trades between $28.82 and $28.94 on September 8, 2026
Weighted average price in BRL
R$146.79 per BDR
Converted using Banco Central do Brasil rate as of September 8, 2026
Indirect holdings after transaction
13,307,357 Brazilian Depositary Receipts
Position attributed to the reporting person through Kapitalo Investimentos
BDR to common share ratio
3 BDRs per 1 common share
Each Brazilian Depositary Receipt represents one-third of a common share
Key Terms
Brazilian Depositary Receipts, weighted average price, pecuniary interest, Banco Central do Brasil
4 terms
Brazilian Depositary Receipts financial
"The security title reported is Brazilian Depositary Receipts representing common shares"
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 based on multiple trades"
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
"Each Reporting Person disclaims beneficial ownership except to the extent of its pecuniary interest"
Banco Central do Brasil financial
"The BRL price was converted to USD using the Banco Central do Brasil's rate"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Aura Minerals (AUGO) disclose in this Form 4?
Aura Minerals disclosed that director Sousa Mauad Bruno indirectly sold 1,803 Brazilian Depositary Receipts (BDRs) on September 8, 2026, through Kapitalo Investimentos, at a weighted average price of $28.8611 per BDR.
What is the insider’s remaining indirect position in Aura Minerals (AUGO) after the sale?
After the reported sale, the filing states an indirect holding of 13,307,357 Brazilian Depositary Receipts (BDRs) for the reporting person through Kapitalo Investimentos.
At what price were the Aura Minerals (AUGO) BDRs sold?
The filing reports a weighted average price of $28.8611 per BDR, based on multiple transactions between $28.82 and $28.94 per BDR. The weighted average corresponds to R$146.79 per BDR converted using Banco Central do Brasil’s rate on September 8, 2026.
Was the Aura Minerals (AUGO) insider sale made under a Rule 10b5-1 plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan for this transaction, and there is no footnote stating that the sale was made pursuant to such a pre-arranged plan.
How does the filing describe the insider’s beneficial ownership of Aura Minerals (AUGO) securities?
Each reporting person disclaims beneficial ownership of the reported securities except to the extent of any pecuniary interest. The BDRs are held indirectly through Kapitalo Investimentos as noted in the nature of ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.