dLocal (DLO) director Veronica Raffo files initial insider Form 3

Rhea-AI Filing Summary

dLocal Ltd director Veronica Raffo filed an initial beneficial ownership report on Form 3. This filing establishes her status as an insider of the company but does not list any stock purchases, sales, or other transactions. It serves as a baseline disclosure of her insider position.

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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^*

Raffo Veronica

(Last) (First) (Middle)

C/O DLOCAL LIMITED

DR. LUIS BONAVITA, 1294

(Street)

MONTEVIDEO 11300

(City) (State) (Zip)

URUGUAY

(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)

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

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

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)

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:

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney

No securities are beneficially owned.

	/s/ Agustin Cancela, attorney-in-fact for Veronica Raffo	03/18/2026
	** 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 the dLocal Ltd (DLO) Form 3 filing by Veronica Raffo show?

The Form 3 filing shows that Veronica Raffo is a director and therefore an insider of dLocal Ltd. It is an initial ownership statement and does not report any stock purchases, sales, or other transactions in this submission.

Did Veronica Raffo buy or sell dLocal (DLO) shares in this Form 3?

No, this Form 3 does not report any buys or sells of dLocal shares by Veronica Raffo. It simply records her status as a director and sets a starting point for future ownership and transaction reporting obligations.

Why is a Form 3 important for dLocal Ltd (DLO) investors?

Form 3 is important because it identifies new insiders whose future trades must be disclosed. For dLocal, it confirms Veronica Raffo’s director role and creates a reference for tracking any subsequent Form 4 or Form 5 transactions she may report.

Does this dLocal (DLO) Form 3 include any derivative or option positions?

The data summary shows no derivative positions or option-related transactions reported for Veronica Raffo in this Form 3. Both the transaction list and derivativeSummary are empty, indicating only an initial insider status filing at this time.

What future filings might follow this dLocal (DLO) Form 3 by Veronica Raffo?

After a Form 3, any subsequent trades or changes in ownership by an insider are typically reported on Form 4 or Form 5. This initial filing sets the baseline from which later ownership changes will be disclosed, if and when they occur.