dLocal Ltd. (DLO) insider schedules sale of 72,753 shares after large 10b5-1 trades

Rhea-AI Filing Summary

dLocal Ltd. (DLO) has a notice of proposed sale of common stock filed for sales through Morgan Stanley Smith Barney LLC Executive Financial Services, relating to up to 72,753 common shares to be sold on NASDAQ on or before August 5, 2026. These shares are identified as Founders Shares, originally acquired from the issuer on June 7, 2021. Recent activity over the past three months includes sales under a Rule 10b5-1 trading plan by Sebastian Kanovich, with multiple transactions in July and August 2026.

Key Figures

Shares proposed for sale: 72,753 shares Sale deadline: 08/05/2026 Founders Shares amount: 72,753 shares +3 more

6 metrics

Shares proposed for sale 72,753 shares Common stock covered by the Form 144 notice

Sale deadline 08/05/2026 Date by which the proposed NASDAQ sales may occur

Founders Shares amount 72,753 shares Founders Shares acquired from issuer on 06/07/2021

10b5-1 sale on 07/01/2026 1,000,000 shares for $14,633,103.85 Common stock sold under a 10b5-1 plan

10b5-1 sale on 07/07/2026 25,700 shares for $398,350.00 Common stock sold under a 10b5-1 plan

10b5-1 sale on 08/04/2026 4,700 shares for $72,850.00 Common stock sold under a 10b5-1 plan

Key Terms

Founders Shares, Rule 10b5-1, Executive Financial Services

3 terms

Founders Shares financial

"Common | 06/07/2021 | Founders Shares | Issuer"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

Rule 10b5-1 regulatory

"10b5-1 Sales for SEBASTIAN KANOVICH DR. LUIS BONAVITA"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Executive Financial Services financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/05/2026 - 04:22 PM Accepted by SEC EDGAR 08/05/2026 - 04:22 PM Learn about SEC filing dates

FAQ

What does the Form 144 filing for DLO indicate about upcoming share sales?

The filing indicates a proposed sale of up to 72,753 common shares of dLocal Ltd. on NASDAQ by August 5, 2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.

Who is associated with the recent DLO share sales under a 10b5-1 plan?

Recent sales are associated with Sebastian Kanovich under a Rule 10b5-1 trading plan, as shown in the three-month transaction history included in the filing.

How many DLO shares are covered as Founders Shares in this Form 144?

The Form 144 references 72,753 common shares classified as Founders Shares, originally acquired from the issuer on June 7, 2021.

What DLO share sales occurred on July 1, 2026 under the 10b5-1 plan?

On July 1, 2026, a sale of 1,000,000 common shares of dLocal Ltd. under a 10b5-1 plan was reported, for total proceeds of $14,633,103.85.

What smaller DLO 10b5-1 sales are listed for July and August 2026?

Additional 10b5-1 sales include 25,700 shares on July 7, 2026 for $398,350.00 and 4,700 shares on August 4, 2026 for $72,850.00.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	72753	1113120.90	294931956	08/05/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/07/2021	Founders Shares	Issuer			72753	06/07/2021	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SEBASTIAN KANOVICH DR. LUIS BONAVITA 1294 MONTEVIDEO X3 11300	Common	08/04/2026	4700	72850.00
10b5-1 Sales for SEBASTIAN KANOVICH DR. LUIS BONAVITA 1294 MONTEVIDEO X3 11300	Common	07/07/2026	25700	398350.00
10b5-1 Sales for SEBASTIAN KANOVICH DR. LUIS BONAVITA 1294 MONTEVIDEO X3 11300	Common	07/01/2026	1000000	14633103.85

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)