dLocal (DLO) CRO O'Brien reports 220,000 shares including 140,000 RSUs

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.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

O'Brien John Patrick

(Last) (First) (Middle)

C/O DLOCAL LIMITED

DR. LUIS BONAVITA 1294

(Street)

MONTEVIDEO 11300

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
dLocal Ltd [ DLO ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Shares	220,000(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were omitted from the Reporting Person's original Form 3. These shares include 140,000 Class A Common Shares subject to outstanding restricted stock units which will vest based on the Reporting Person's continued service through the applicable vesting dates.

	/s/ Agustin Cancela, attorney-in-fact for John O'Brien	03/20/2026
	** Signature of Reporting Person	Date
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 5 (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 3: SEC 1473 (03-26)

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 dLocal (DLO) shares does John Patrick O'Brien beneficially own in this Form 3/A?

The filing reports beneficial ownership of 220,000 Class A Common Shares. This figure includes both currently held shares and those underlying restricted stock units that are scheduled to vest if service conditions are satisfied.

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.