dLocal (NASDAQ: DLO) CEO Arnt Pedro reports 2.35M Class A share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
dLocal Ltd director and Chief Executive Officer Arnt Pedro has filed an initial ownership report showing 2,350,000 Class A Common Shares held directly. This total includes 1,645,000 Class A Common Shares underlying restricted stock units that will vest based on his continued service through future vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arnt Pedro
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Shares | -- | -- | -- |
Holdings After Transaction:
Class A Common Shares — 2,350,000 shares (Direct)
Footnotes (1)
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FAQ
What does dLocal (DLO) CEO Arnt Pedro report owning on this Form 3?
Arnt Pedro reports direct beneficial ownership of 2,350,000 Class A Common Shares of dLocal Ltd. This figure includes both currently held shares and shares underlying restricted stock units that may vest in the future, reflecting his total reported equity exposure as of the filing.
How many dLocal (DLO) restricted stock units does Arnt Pedro have?
The filing states that 1,645,000 Class A Common Shares are subject to outstanding restricted stock units for Arnt Pedro. These units will vest over time, contingent on his continued service with dLocal through the applicable vesting dates specified in the award terms.
Is this dLocal (DLO) Form 3 a buy or sell transaction?
This Form 3 does not report a buy or sell transaction. It is an initial statement of beneficial ownership, listing the number of dLocal Class A Common Shares and restricted stock units that Arnt Pedro beneficially owns at the time of becoming a reporting insider.
What does the restricted stock unit vesting condition mean for dLocal (DLO) CEO holdings?
The filing explains that 1,645,000 shares are tied to restricted stock units that vest based on continued service. This means Arnt Pedro must remain with dLocal through specified vesting dates to receive those shares, aligning part of his compensation with long-term company performance.