MercadoLibre director Aguzin acquires 64 restricted shares (Aug 7, 2025)
Rhea-AI Filing Summary
Alejandro Nicolas Aguzin, a director of MercadoLibre, Inc. (MELI), acquired 64 shares of restricted common stock on 08/07/2025. The filing shows the shares were granted at $0 and are subject to forfeiture and transfer restrictions until the next annual shareholders meeting.
Following the transaction, Mr. Aguzin beneficially owns 4,755 shares (comprised of 64 restricted shares and 4,691 common shares). The Form 4 was signed by attorney-in-fact Jacobo Cohen Imach on 08/08/2025, and the Power of Attorney referenced is on file as an exhibit to Mr. Aguzin's Form 3 dated April 17, 2017.
Positive
- Director received 64 restricted shares, increasing his stake and aligning his interests with shareholders
- Beneficial ownership is clearly disclosed: 4,755 shares total (64 restricted + 4,691 common)
Negative
- None.
Insights
Director grant of restricted shares aligns ownership with shareholders; routine disclosure.
The Form 4 documents a typical director equity award: 64 restricted shares awarded at $0 and subject to forfeiture until the next annual meeting. Such grants are common for board compensation and are intended to align a director's interests with shareholders. The post-transaction beneficial ownership of 4,755 shares is modest; the filing notes use of a previously filed Power of Attorney for signature.
Routine insider grant; immaterial market impact absent larger disposal or exercise details.
The reported transaction is an acquisition (grant) of 64 restricted common shares on 08/07/2025 at $0, increasing total beneficial ownership to 4,755 shares. No derivative transactions or dispositions are reported. Given the small share count relative to typical market float and lack of sales, the disclosure is informational and not materially impactful to investors.