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BrasilAgro (LND) director Lopez sells 2,000 AGRO3 shares in open market

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BrasilAgro - Brazilian Agricultural Real Estate Co director Gustavo Javier Lopez sold 2,000 AGRO3 shares in an open-market transaction at $3.49 per share. After this sale, he continues to hold 82,266 shares directly, indicating this was a relatively small change in his overall position.

Positive

  • None.

Negative

  • None.
Insider Lopez Gustavo Javier
Role Director
Sold 2,000 shs ($7K)
Type Security Shares Price Value
Sale AGRO3 2,000 $3.49 $7K
Holdings After Transaction: AGRO3 — 82,266 shares (Direct)
Shares sold 2,000 shares Open-market sale of AGRO3
Sale price $3.49 per share Price received in the transaction
Shares held after 82,266 shares Direct holdings after sale
Net buy/sell shares -2,000 shares Net activity in this Form 4
Form 4 regulatory
"according to the Form 4 insider trading report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"reported an open-market sale of 2,000 AGRO3 shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"a single non-derivative open-market sale of AGRO3 common shares"
derivative transactions financial
"The Form 4 data shows no derivative transactions for Gustavo Javier Lopez"
Derivative transactions are contracts whose value depends on the price or performance of something else—like stocks, bonds, currencies, interest rates or commodities. Think of them as insurance or bets about a future price: investors use them to protect against losses, lock in prices, or try to amplify returns, but they can also magnify losses, create cash demands and expose a firm to the risk that the other party won’t meet its obligation, so they can materially affect a company’s financial stability and volatility.

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

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FAQ

What insider transaction did BrasilAgro (LND) director Gustavo Javier Lopez report?

Director Gustavo Javier Lopez reported an open-market sale of 2,000 AGRO3 shares. The shares were sold at a price of $3.49 each, according to the Form 4 insider trading report.

How many BrasilAgro (LND) shares does Gustavo Javier Lopez hold after the reported sale?

After selling 2,000 AGRO3 shares, Gustavo Javier Lopez holds 82,266 shares directly. This indicates the transaction reduced his stake only modestly relative to his remaining ownership position.

Was the BrasilAgro (LND) insider transaction a buy or a sell?

The insider transaction was a sell. Director Gustavo Javier Lopez executed an open-market sale of 2,000 AGRO3 shares at $3.49 per share, as classified under transaction code “S.”

What price did the BrasilAgro (LND) director receive per share in the Form 4 sale?

The director received $3.49 per share in the transaction. This price applies to the 2,000 AGRO3 shares sold in the open market, based on the details disclosed in the Form 4 filing.

Does the BrasilAgro (LND) Form 4 show any derivative securities for Gustavo Javier Lopez?

The Form 4 data shows no derivative transactions for Gustavo Javier Lopez. The filing lists only a single non-derivative open-market sale of AGRO3 common shares and no remaining derivative positions.
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*
Lopez Gustavo Javier

(Last)(First)(Middle)
AVENIDA REBOUCAS

(Street)
SAO PAULOSAO PAULO05402500

(City)(State)(Zip)

BRAZIL

(Country)
2. Issuer Name and Ticker or Trading Symbol
BrasilAgro - Brazilian Agricultural Real Estate Co [ LND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[AGRO3]
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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
AGRO307/01/202607/01/2026S2,000D$3.4982,266D
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:
Gustavo Lopez07/02/2026
** 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)