STOCK TITAN

Aura Minerals (AUGO) director-linked entity sells 88,254 Brazilian Depositary Receipts

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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 Sousa Mauad Bruno
Role null
Sold 88,254 shs ($2.40M)
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
Holdings After Transaction: Brazilian Depository Receipts — 15,959,222 shares (Indirect, By Kapitalo Investimentos)
Footnotes (1)
  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.
BDRs sold May 13, 2026 42,731 BDRs at $27.50 Open-market sale by Kapitalo Investimentos
BDRs sold May 14, 2026 45,523 BDRs at $26.85 Open-market sale by Kapitalo Investimentos
Total BDRs sold 88,254 BDRs Net open-market sales across two days
Indirect BDR holdings after trades 15,959,222 BDRs Position following May 14, 2026 sale
BDR to common share ratio 3 BDRs = 1 common share Conversion relationship disclosed in footnote
Weighted average price May 13, 2026 R$134.05 per BDR Converted from BRL to USD for reporting
Weighted average price May 14, 2026 R$133.76 per BDR Converted from BRL to USD for reporting
Brazilian Depositary Receipts financial
"Brazilian Depositary Receipts ("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. These BDRs were sold in multiple transactions..."
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.
indirect financial
"direct_or_indirect": "I", "nature_of_ownership": "By Kapitalo Investimentos""
Banco Central do Brasil's conversion rate financial
"converted to U.S. dollars ("USD") using the Banco Central do Brasil's conversion rate as of May 13, 2026."
open-market sale financial
""transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sousa Mauad Bruno

(Last)(First)(Middle)
C/O AURA TECHNICAL SERVICES INC.
3390 MARY ST, SUITE 116

(Street)
COCONUT GROVE FLORIDA 33133

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Aura Minerals Inc. [ AUGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Brazilian Depository Receipts(1)05/13/2026S42,731 (1) (1)Common Shares14,229.4$27.5(2)16,004,745IBy Kapitalo Investimentos
Brazilian Depository Receipts(1)05/14/2026S45,523 (1) (1)Common Shares15,159.6$26.85(3)15,959,222IBy Kapitalo Investimentos
Explanation of Responses:
1. Brazilian Depositary Receipts ("BDRs") are certificates representing Common Shares of the Issuer. Three BDRs represent one Common Share of the Issuer.
2. 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.
3. 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.
/s/ Bruno Mauad05/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did Aura Minerals (AUGO) report in this Form 4?

Aura Minerals reported that Kapitalo Investimentos, associated with director Sousa Mauad Bruno, sold 88,254 Brazilian Depositary Receipts in open-market transactions. These trades occurred over two days and represent a reduction in an indirect position that still totals 15,959,222 BDRs afterward.

How many Aura Minerals Brazilian Depositary Receipts were sold and at what prices?

Two blocks of BDRs were sold: 42,731 at about $27.50 each and 45,523 at about $26.85. Both prices are weighted averages derived from multiple trades and converted from Brazilian reais using Banco Central do Brasil exchange rates for the trade dates.

What is the remaining Aura Minerals indirect position after these BDR sales?

After the reported transactions, the indirect holding associated with director Sousa Mauad Bruno totals 15,959,222 Brazilian Depositary Receipts. This indicates that the 88,254 BDRs sold represent only a small fraction of the overall disclosed indirect position in Aura Minerals.

What do Aura Minerals Brazilian Depositary Receipts represent for investors?

Aura Minerals Brazilian Depositary Receipts are certificates representing the company’s common shares. The filing specifies that three BDRs equal one common share, giving investors indirect exposure to Aura Minerals’ equity through securities traded in the Brazilian market.

Were Aura Minerals’ BDR sale prices based on U.S. dollars or Brazilian reais?

The reported prices are in U.S. dollars but derived from Brazilian reais. Weighted average prices of R$134.05 and R$133.76 per BDR were converted to dollars using Banco Central do Brasil’s exchange rates for May 13 and May 14, 2026, respectively.