dLocal CLO awarded 40,329 Class A shares

Vieira Santos e Santos Gabriela reported acquisition or exercise transactions in this Form 4 filing. dLocal Ltd's Chief Legal Officer, Gabriela Vieira Santos e Santos, received an award of 40,329 Class A Common Shares as a grant with no cash price per share.

Rhea-AI Filing Summary

Vieira Santos e Santos Gabriela reported acquisition or exercise transactions in this Form 4 filing.

dLocal Ltd's Chief Legal Officer, Gabriela Vieira Santos e Santos, received an award of 40,329 Class A Common Shares as a grant with no cash price per share. After this award, she directly holds 174,276 Class A Common Shares.

The holding figure includes 104,885 Class A Common Shares underlying restricted stock units that will vest over time, contingent on her continued service through the applicable vesting dates. This filing reflects a compensation-related equity grant rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 40,329 shares

Grant/Award 1 txn

Insider Vieira Santos e Santos Gabriela

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Share	40,329	$0.00	$0.00

Holdings After Transaction: Class A Common Share — 174,276 shares (Direct)

Footnotes (1)

1. F1. Includes 104,885 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 date.

Key Figures

Equity grant: 40,329 shares Post-transaction holdings: 174,276 shares RSUs included in holdings: 104,885 shares +2 more

5 metrics

Equity grant 40,329 shares Class A Common Shares awarded at $0.00 per share

Post-transaction holdings 174,276 shares Class A Common Shares held directly after the grant

RSUs included in holdings 104,885 shares Class A Common Shares subject to outstanding restricted stock units that vest with continued service

Transaction price $0.00 per share Grant price for the 40,329 Class A Common Shares

Acquisition transactions 1 transaction Single grant/award acquisition reported in this Form 4

Key Terms

Class A Common Share, restricted stock units, grant, award, or other acquisition, directly holds

4 terms

Class A Common Share financial

"received an award of 40,329 Class A Common Shares as a grant"

restricted stock units financial

"includes 104,885 Class A Common Shares subject to outstanding restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

grant, award, or other acquisition financial

"coded as an “A” transaction, meaning a grant, award, or other acquisition"

directly holds financial

"she directly holds 174,276 Class A Common Shares"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did dLocal (DLO) report for Gabriela Vieira Santos e Santos?

dLocal reported that Chief Legal Officer Gabriela Vieira Santos e Santos received a grant of 40,329 Class A Common Shares. The shares were awarded at a price of $0.00 per share as part of her compensation package, not through an open-market purchase.

How many dLocal (DLO) shares does the Chief Legal Officer hold after this Form 4?

After the reported grant, the Chief Legal Officer directly holds 174,276 Class A Common Shares. This figure includes both currently owned shares and those subject to outstanding restricted stock units that may vest in the future, assuming continued service with the company.

Was the dLocal (DLO) insider transaction a market buy or sell?

The transaction was not a market buy or sell; it was coded as an “A” transaction, meaning a grant, award, or other acquisition. The 40,329 Class A Common Shares were awarded at $0.00 per share as part of equity compensation, not bought on the market.

What role do restricted stock units play in the dLocal (DLO) Form 4 filing?

The filing notes that 104,885 of the Chief Legal Officer’s Class A Common Shares are tied to outstanding restricted stock units. These RSUs will vest over time, subject to her continued service with dLocal through each applicable vesting date specified in the award terms.

How many acquisition-type transactions are shown in this dLocal (DLO) Form 4?

The Form 4 shows one acquisition-type transaction for the reporting period. It reflects the grant of 40,329 Class A Common Shares, categorized as a grant, award, or other acquisition, with no derivative transactions or sales reported in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/09/2026 - 03:06 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Vieira Santos e Santos Gabriela

(Last) (First) (Middle)

LUIS BONAVITA 1294, OFFICE 1531

(Street)

MONTEVIDEO 11300

(City) (State) (Zip)

URUGUAY

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Share	04/01/2026		A		40,329	A	$0	174,276(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 104,885 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 date.

	/s/ Agustin Cancela, attorney-in-fact for Gabriela Vieira	07/09/2026
	** 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 4 (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 4: SEC 1474 (03-26)