dLocal (DLO) CRO O'Brien reports 220,000 shares including 140,000 RSUs
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
dLocal Ltd filed an amended Form 3 to correct the initial ownership report for Chief Revenue Officer John Patrick O'Brien. The amendment shows beneficial ownership of 220,000 Class A Common Shares. This total includes 140,000 Class A Common Shares subject to outstanding restricted stock units that will vest based on his continued service through the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Brien John Patrick
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Shares | -- | -- | -- |
Holdings After Transaction:
Class A Common Shares — 220,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does dLocal (DLO) disclose in John Patrick O'Brien's amended Form 3?
The amended Form 3 updates John Patrick O'Brien’s beneficial ownership to 220,000 Class A Common Shares. This corrects an omission in the original filing and clarifies that a large portion is tied to equity-based compensation.
How many restricted stock units are reported for dLocal (DLO) executive John Patrick O'Brien?
The amendment states that 140,000 Class A Common Shares are subject to outstanding restricted stock units. These units will vest over time, conditioned on John Patrick O’Brien’s continued service through the specified vesting dates.
Why did dLocal (DLO) file an amended Form 3 for John Patrick O'Brien?
The company filed an amendment because certain shares were omitted from John Patrick O'Brien’s original Form 3. The new filing includes these shares and clarifies the mix of outright holdings and unvested restricted stock units.
Does the dLocal (DLO) Form 3/A show a new stock purchase or sale by John Patrick O'Brien?
The Form 3/A does not report a new purchase or sale transaction. It instead corrects previously reported ownership by adding 220,000 Class A Common Shares, including 140,000 tied to unvested restricted stock units.