Aura Minerals (AUGO) director-linked entity sells 88,254 Brazilian Depositary Receipts
Rhea-AI Filing Summary
Aura Minerals Inc. director-associated entity Kapitalo Investimentos reported net open-market sales of 88,254 Brazilian Depositary Receipts (BDRs) linked to Aura Minerals on May 13–14, 2026. The BDRs were sold at weighted average prices around $27 per receipt, with 15,959,222 BDRs remaining held indirectly after the transactions.
Each BDR represents exposure to Aura’s common equity, as three BDRs correspond to one common share. The reported dollar prices reflect conversion from Brazilian reais using Banco Central do Brasil exchange rates on the respective trade dates.
Positive
- None.
Negative
- None.
Insights
Indirect holder associated with an Aura Minerals director reported routine BDR sales while retaining a large remaining position.
The filing shows Kapitalo Investimentos, associated with director Sousa Mauad Bruno, sold 88,254 Brazilian Depositary Receipts in two open-market transactions. One block of 42,731 BDRs priced at about $27.50 and another of 45,523 BDRs at about $26.85 were disclosed as weighted-average sales.
Following these transactions, indirect holdings stand at 15,959,222 BDRs, indicating only a small portion of the visible position was sold. The trades involve BDRs, where three receipts correspond to one common share, and prices were translated from Brazilian reais using Banco Central do Brasil rates for May 13 and May 14, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Brazilian Depository Receipts | 45,523 | $26.85 | $1.22M |
| Sale | Brazilian Depository Receipts | 42,731 | $27.50 | $1.18M |
Footnotes (1)
- Brazilian Depositary Receipts ("BDRs") are certificates representing Common Shares of the Issuer. Three BDRs represent one Common Share of the Issuer. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $27.05 to $27.85, 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$134.05 Brazilian reais ("BRL") per BDR, has been converted to U.S. dollars ("USD") using the Banco Central do Brasil's conversion rate as of May 13, 2026. The price reported is a weighted average price. These BDRs were sold in multiple transactions at prices ranging from $26.50 to $27.17, 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$133.76 BRL per BDR, has been converted to USD using the Banco Central do Brasil's conversion rate as of May 14, 2026.