STOCK TITAN

Family trusts of dLocal (NASDAQ: DLO) director record large Class A share gifts

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

dLocal Ltd director Hyman K Bielsky reported indirect trust movements in Class A Common Shares. On May 27, 2026, two bona fide gift transactions of 884,249 Class A Common Shares each were recorded at $0.00 per share, classified as gifts rather than market sales.

These gifts occurred between the Hyman K Bielsky Revocable Trust and the Marietta Austin Bielsky Revocable Trust, with both trusts holding shares for Bielsky and his spouse. A separate entry shows 295,760 Class A Common Shares held indirectly through the Hyman K Bielsky 2021 Irrevocable Trust.

Positive

  • None.

Negative

  • None.
Insider Bielsky Hyman K
Role null
Type Security Shares Price Value
Gift Class A Common Share 884,249 $0.00 --
Gift Class A Common Share 884,249 $0.00 --
holding Class A Common Share -- -- --
Holdings After Transaction: Class A Common Share — 19,599 shares (Indirect, By Hyman K Bielsky Revocable Trust)
Footnotes (1)
  1. This transaction involved a gift of 884,249 Class A Common Shares from Hyman K Bielsky Revocable Trust to Marietta Austin Bielsky Revocable Trust. The Reporting Person is the beneficiary of Hyman K Bielsky Revocable Trust and Hyman K Bielsky 2021 Irrevocable Trust. Marietta Austin Bielsky, the Reporting Person's spouse, is the beneficiary of Marietta Austin Bielsky Revocable Trust.
Gifted shares per transaction 884,249 shares Each bona fide gift of Class A Common Shares on May 27, 2026
Total gift-coded shares 1,768,498 shares Aggregate giftShares reported across two G-coded transactions
Price per gifted share $0.00 per share Reported price for each Class A Common Share in gift transactions
Marietta trust holdings after 899,746 shares Class A Common Shares held by Marietta Austin Bielsky Revocable Trust after transaction
Hyman revocable trust holdings after 19,599 shares Class A Common Shares held by Hyman K Bielsky Revocable Trust after transaction
2021 irrevocable trust holdings 295,760 shares Class A Common Shares held indirectly via Hyman K Bielsky 2021 Irrevocable Trust
Class A Common Share financial
"This transaction involved a gift of 884,249 Class A Common Shares from Hyman K Bielsky Revocable Trust"
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
revocable trust financial
"from Hyman K Bielsky Revocable Trust to Marietta Austin Bielsky Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
irrevocable trust financial
"beneficiary of Hyman K Bielsky Revocable Trust and Hyman K Bielsky 2021 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
indirect ownership financial
"ownership_type": "indirect", "ownership_code": "I""
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SEC Form 4
FORM 4UNITED 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*
Bielsky Hyman K

(Last)(First)(Middle)
C/O DLOCAL LIMITED
DR. LUIS BONAVITA, 1294

(Street)
MONTEVIDEO11300

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Share05/27/2026G(1)884,249D$019,599IBy Hyman K Bielsky Revocable Trust(2)
Class A Common Share05/27/2026G(1)884,249A$0899,746IBy Marietta Austin Bielsky Revocable Trust(2)
Class A Common Share295,760IBy Hyman K Bielsky 2021 Irrevocable Trust(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction involved a gift of 884,249 Class A Common Shares from Hyman K Bielsky Revocable Trust to Marietta Austin Bielsky Revocable Trust.
2. The Reporting Person is the beneficiary of Hyman K Bielsky Revocable Trust and Hyman K Bielsky 2021 Irrevocable Trust. Marietta Austin Bielsky, the Reporting Person's spouse, is the beneficiary of Marietta Austin Bielsky Revocable Trust.
/s/ Agustin Cancela, attorney-in-fact for Hyman Bielsky05/29/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider activity did dLocal (DLO) disclose in this Form 4?

The Form 4 reports that director Hyman K Bielsky recorded indirect trust transactions in dLocal Class A Common Shares, including two bona fide gift transfers, rather than any open-market purchases or sales of the company’s stock.

How many dLocal (DLO) shares were involved in the reported gifts?

The filing shows two bona fide gift transactions of 884,249 Class A Common Shares each. These gifts were recorded at $0.00 per share, reflecting non-market, no‑consideration transfers between family trusts associated with the director and his spouse.

Were the dLocal (DLO) insider transactions market sales or non-market gifts?

The reported insider transactions are bona fide gifts, not market sales. Each transaction is coded “G” for gift, with a $0.00 per-share price, indicating transfers of shares between family trusts rather than disposals through the open market.

Which entities now hold the gifted dLocal (DLO) shares?

After the transactions, the Marietta Austin Bielsky Revocable Trust is shown holding 899,746 Class A Common Shares, and the Hyman K Bielsky Revocable Trust is shown holding 19,599 Class A Common Shares, both reported as indirect holdings.

Does the dLocal (DLO) Form 4 show any direct share ownership by the director?

The data provided shows indirect ownership only, through the Hyman K Bielsky 2021 Irrevocable Trust and the two revocable trusts. All reported Class A Common Share positions are coded as indirect holdings, with no direct personal share line shown.