Indirect Aura Minerals (AUGO) holdings restructured via securities lending deals
Rhea-AI Filing Summary
Aura Minerals Inc. director Bruno Sousa Mauad reported several indirect, non-market transactions involving Brazilian Depository Receipts and related securities lending arrangements. All six transactions are coded "J" as other acquisitions or dispositions and reflect internal restructuring rather than open-market buying or selling.
The securities are owned directly by entities and clients managed by Kapitalo Investimentos Ltda., and may be deemed indirectly beneficially owned by Mauad as a partner of Kapitalo. Certain clients entered into securities lending agreements transferring title to counterparties for the duration of the agreements, while those clients may still be considered beneficial owners and can discontinue the arrangements at any time.
After these transactions, indirect holdings related to the reported positions totaled 15,959,222 common shares, providing context for the overall scale of the restructured positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Sousa Mauad Bruno
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Brazilian Depository Receipts | 20,384 | $0.00 | $0.00 |
| Other | Securities Lending Agreement | 20,384 | $0.00 | $0.00 |
| Other | Brazilian Depository Receipts | 4,894 | $0.00 | $0.00 |
| Other | Brazilian Depository Receipts | 4,894 | $0.00 | $0.00 |
| Other | Brazilian Depository Receipts | 3,800 | $0.00 | $0.00 |
| Other | Securities Lending Agreement | 3,800 | $0.00 | $0.00 |
Holdings After Transaction:
Brazilian Depository Receipts — 31,894,260 shares (Indirect, (2));
Securities Lending Agreement — 31,918,444 shares (Indirect, (2))
Footnotes (3)
- F1. The securities are owned directlu by entities managed by Kapitalo Investimentos Ltda. ("Kapitalo"), and may deemed to be indirectly beneficially owned by Bruno Sousa Mauad, partner of Kapitalo.
- F2. Certain clients managed by Kapitalo entered into securities lending agreements whereby title to the securities of the Issuer transferred to a counterparty for the duration of the agreement. Notwithstandin foregoing transactions, such clients may be deemed to cotinue to have beneficial ownership over the securities reported herein as the arrangements to have beneficial ownership over the securities report the arrangements may be discontinued at any time by the clients.
- F3. Certain clients managed by Kapitalo entered into securities lending agreements whereby title to the securities of the Issuer transferred to a counterparty for the duration of the agreement. Notwithstanding the foregoing transactions, such clients may be deemed to cotinue to have beneficial ownership over the securities reported herein as the arrangements to have beneficial ownership over the securities report the arrangements may be discontinued at any time by the clients.
Key Figures
Restructuring transactions: 6 transactions
Restructured derivatives: 58,156 shares
Indirect holdings after transaction: 15,959,222 shares
+5 more
8 metrics
Restructuring transactions
6 transactions
All coded "J" as other acquisition or disposition
Restructured derivatives
58,156 shares
Total restructuringShares in transaction summary
Indirect holdings after transaction
15,959,222 shares
Total common shares following one restructuring entry
Largest single J transaction
20,384 shares
Securities Lending Agreement and Brazilian Depository Receipts on May 25, 2026
Brazilian Depository Receipts block
4,894 shares
Two J-code transactions dated May 22, 2026
Brazilian Depository Receipts block
3,800 shares
Two J-code transactions dated May 21, 2026
Underlying common shares per 20,384 BDRs
6,794.6700 shares
Underlying security for 20,384 Brazilian Depository Receipts
Underlying common shares per 4,894 BDRs
1,631.3400 shares
Underlying security for 4,894 Brazilian Depository Receipts
Key Terms
Brazilian Depository Receipts, Securities Lending Agreement, beneficial ownership, Kapitalo Investimentos Ltda., +1 more
5 terms
Brazilian Depository Receipts financial
"security_title: "Brazilian Depository Receipts" with indirect J-code transactions"
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.
Securities Lending Agreement financial
"security_title: "Securities Lending Agreement" linked to underlying common shares"
A securities lending agreement is a contract where an investor or institution temporarily loans stocks or bonds to another party in exchange for collateral and a fee, like lending a valuable book to someone who leaves a security deposit. It matters to investors because it can generate extra income from holdings, but also exposes them to counterparty and recall risks and can affect share availability and short-selling pressure, which in turn may influence a security’s price.
beneficial ownership financial
"such clients may be deemed to cotinue to have beneficial ownership over the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Kapitalo Investimentos Ltda. financial
"The securities are owned directlu by entities managed by Kapitalo Investimentos Ltda. ("Kapitalo")"
indirectly beneficially owned financial
"may deemed to be indirectly beneficially owned by Bruno Sousa Mauad, partner of Kapitalo"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Aura Minerals (AUGO) disclose in this Form 4?
Aura Minerals reported six indirect transactions coded "J" for director Bruno Sousa Mauad. These involve Brazilian Depository Receipts and securities lending agreements, reflecting internal restructuring by entities managed by Kapitalo Investimentos rather than open-market purchases or sales of AUGO shares.
Who actually owns the Aura Minerals (AUGO) securities in this Form 4?
The securities are owned directly by entities and clients managed by Kapitalo Investimentos Ltda. The filing states they may be deemed indirectly beneficially owned by Bruno Sousa Mauad in his capacity as a partner of Kapitalo, emphasizing indirect, managed ownership.
What are the securities lending agreements mentioned for Aura Minerals (AUGO)?
Certain Kapitalo-managed clients entered securities lending agreements transferring title to Aura Minerals securities to counterparties for the agreement’s duration. The footnotes explain these clients may still be considered beneficial owners and can end the lending arrangements at any time.
What is Bruno Sousa Mauad’s indirect Aura Minerals (AUGO) position after these transactions?
After the reported restructuring transactions, indirect holdings related to the reported Aura Minerals securities totaled 15,959,222 common shares. This figure provides context for the scale of the managed position following the internal movements and lending arrangements.