Aura Minerals (AUGO) director logs BDR securities lending transfers
Rhea-AI Filing Summary
Aura Minerals Inc. director Bruno Sousa Mauad reported four "other" derivative transactions involving a securities lending arrangement and Brazilian Depositary Receipts representing Common Shares. The transactions on June 16 and June 17 involved a total of 178,890 derivative instruments recorded as restructurings, all at a reported price of $0.00 per instrument.
The securities are held by entities managed by Kapitalo Investimentos Ltda., and certain clients of Kapitalo entered into securities lending agreements transferring title to counterparties for the duration of the arrangement. Those clients may still be deemed beneficial owners because the lending arrangements can be discontinued at any time.
Following these transactions, the filing shows indirect holdings of up to 16,243,073 derivative instruments linked to Aura Minerals securities, with no open‑market purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Sousa Mauad Bruno
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Brazilian Depositary Receipts | 56,688 | $0.00 | $0.00 |
| Other | Securities Lending Agreement | 56,688 | $0.00 | $0.00 |
| Other | Brazilian Depositary Receipts | 32,757 | $0.00 | $0.00 |
| Other | Securities Lending Agreement | 32,757 | $0.00 | $0.00 |
Holdings After Transaction:
Brazilian Depositary Receipts — 32,396,701 shares (Indirect, (2));
Securities Lending Agreement — 32,486,146 shares (Indirect, (2))
Footnotes (3)
- F1. Brazilian Depositary Receipts ("BDR") are certificates representing Common Shares, no par value ("Common Shares") of the Issuer. Three BDRs represent one Common Share of the Issuer.
- F2. The securities are owned directly by entities managed by Kapitalo Investimentos Ltda. ("Kapitalo") and may be deemed to be indirectly beneficially owned by Bruno Sousa Mauad, a partner of Kapitalo.
- 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 arrangement. Notwithstanding the foregoing transactions, such clients may be deemed to continues to have beneficial ownership over the securities reported herein as the arragngement may be discontinued at any time by the clients.
Key Figures
Restructuring instruments: 178,890 instruments
Holdings after transaction: 16,243,073 instruments
Transaction price: $0.00 per instrument
+2 more
5 metrics
Restructuring instruments
178,890 instruments
Total restructuringShares across J-code transactions
Holdings after transaction
16,243,073 instruments
Total derivative instruments following one restructuring entry
Transaction price
$0.00 per instrument
Reported transaction_price_per_share on all four entries
BDR to share ratio
3 BDRs per 1 Common Share
Footnote defining Brazilian Depositary Receipts relationship
Derivative transactions count
4 derivative entries
All reported as code J, other acquisition or disposition
Key Terms
Brazilian Depositary Receipts, Securities Lending Agreement, beneficial ownership, Common Shares, no par value
4 terms
Brazilian Depositary Receipts financial
"Brazilian Depositary Receipts ("BDR") are certificates 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.
Securities Lending Agreement financial
"Certain clients managed by Kapitalo entered into securities lending agreements"
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 continues to have beneficial ownership over the securities"
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.
FAQ
What insider activity did Aura Minerals (AUGO) report in this Form 4?
The Form 4 reports four "other" derivative transactions tied to securities lending and Brazilian Depositary Receipts, totaling 178,890 instruments, for entities managed by Kapitalo Investimentos Ltda., rather than open‑market buying or selling by director Bruno Sousa Mauad.
Who is associated with the reported Aura Minerals (AUGO) securities in this filing?
The securities are owned directly by entities managed by Kapitalo Investimentos Ltda. and may be deemed indirectly beneficially owned by director Bruno Sousa Mauad, who is identified as a partner of Kapitalo in the Form 4 footnotes.
What are Brazilian Depositary Receipts in the Aura Minerals (AUGO) filing?
Brazilian Depositary Receipts are certificates representing Aura Minerals Common Shares with no par value. The Form 4 explains that three BDRs correspond to one Common Share of the issuer, linking the derivative instruments to the underlying equity.
How many Aura Minerals (AUGO) instruments were affected by the restructuring?
The transaction summary shows restructuring activity involving 178,890 derivative instruments over two days, recorded under code J as "other acquisition or disposition" events, rather than traditional open‑market purchases or sales of Aura Minerals shares.
What holdings after the transactions does the Aura Minerals (AUGO) Form 4 show?
Individual transaction lines show indirect holdings following the restructuring of up to 16,243,073 derivative instruments linked to Aura Minerals securities. These figures reflect positions associated with entities managed by Kapitalo after the securities lending arrangements.
Do the Aura Minerals (AUGO) Form 4 transactions change beneficial ownership?
Footnotes state certain Kapitalo‑managed clients entered securities lending agreements transferring title temporarily, yet may still be deemed beneficial owners because they can discontinue these arrangements at any time, limiting changes to underlying beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
