[144] dLocal Ltd SEC Filing
dLocal Ltd (DLO) intends to sell 40,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $571,200. The filing states the shares were acquired as restricted stock units from the issuer on 10/01/2025 and the proposed approximate sale date is 10/01/2025 on NASDAQ. The filing reports 164,649,324 shares outstanding. The filer represents there are no undisclosed material adverse facts and lists no securities sold in the past three months.
- None.
- None.
Insights
Routine Rule 144 notice for insider RSU sale; size is immaterial relative to outstanding shares.
The filer reports a proposed sale of 40,000 shares acquired as restricted stock units on the same date, with an aggregate value of $571,200. Relative to 164,649,324 shares outstanding, the proposed sale represents approximately 0.024% of the outstanding float, indicating minimal dilution or market impact. The use of a major broker (Morgan Stanley Smith Barney) is typical for orderly execution under Rule 144.
Disclosure is standard and compliant; statement affirms no undisclosed material information.
The notice includes the required representation that the seller is unaware of any material adverse information not publicly disclosed and notes no sales in the past three months. The filing identifies the securities as RSUs issued by the company and confirms execution through an institutional broker, satisfying typical governance and Rule 144 procedural expectations.