[Form 4] Mercado Libre, Inc Insider Trading Activity

Rhea-AI Filing Summary

Susan Segal, a director of Mercado Libre, reported a sale of 725 common shares and the acquisition of 64 restricted stock units (RSUs) tied to the company’s common stock. Both transactions are reported as occurring on 08/07/2025.

The RSUs convert into 64 common shares and are disclosed to vest 100% at the company’s 2026 annual shareholders' meeting, meaning the reported award will become share ownership at that time. The Form 4 was submitted as an individual filing and includes an attorney-in-fact signature on behalf of the reporting person.

Positive

• 64 restricted stock units (RSUs) were recorded as acquired and will convert into 64 common shares upon vesting
• RSUs vest 100% at the 2026 annual shareholders' meeting, providing clarity on the timing of additional share ownership

Negative

• Disposal of 725 common shares by Director Susan Segal on 08/07/2025
• Form executed by an attorney-in-fact, indicating the reporting person did not sign the Form directly

Insights

Financial Analyst

TL;DR: Director sold 725 MELI shares and recorded 64 RSUs that vest in 2026; routine insider disclosure.

The filing shows a disposition of 725 common shares and the addition of 64 RSUs with 100% vesting at the 2026 annual meeting. For an analyst, this is a straightforward insider activity disclosure: the sale reduces direct share holdings, while the RSUs represent deferred equity that will convert to shares at vesting. The Form is filed individually and executed via an attorney-in-fact, and no other compensatory or material changes are disclosed in this document.

Corporate Governance Expert

TL;DR: Standard governance disclosure: insider sale plus scheduled RSU vesting; paperwork includes power-of-attorney reference.

The report documents routine equity compensation vesting and an insider sale by a director. The RSUs are explicitly tied to a future vesting event (the 2026 annual meeting), which clarifies when those units convert to shares. The submission includes an attorney-in-fact signature and references an existing power of attorney filing as an exhibit, indicating standard delegation practices for Form 4 execution. There are no governance actions or policy changes noted here.

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
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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^*

SEGAL SUSAN

(Last) (First) (Middle)

DR. LUIS BONAVITA 1294 OF.1733

TOWER II

(Street)

MONTEVIDEO X3 11300

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MERCADOLIBRE INC [ MELI ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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

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 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
Common Stock								725	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
Restricted Stock Units	$0	08/07/2025		A		64		(1)	(1)	Common Stock	64	$0	64	D

Explanation of Responses:

1. 100% of restricted stock units vest upon the 2026 annual shareholders' meeting of the Company.

Remarks:

The Power of Attorney for Susan Segal is filed as an exhibit to the Form 4 filed by Ms. Segal with the Securities and Exchange Commission on August 9, 2022, which is hereby incorporated by reference.

	/s/ Jacobo Cohen Imach (Attorney-in-fact)	08/08/2025
	** 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.

FAQ

What transactions did Susan Segal report on the MELI Form 4?

She reported the disposition of 725 common shares and the acquisition of 64 RSUs, both shown with a transaction date of 08/07/2025.

How many RSUs were acquired and when do they vest?

The report shows 64 RSUs which vest 100% at the 2026 annual shareholders' meeting and convert into 64 common shares at that time.

What is Susan Segal's relationship to Mercado Libre (MELI)?

The Form identifies Susan Segal as a Director of Mercado Libre.

Was the Form 4 filed individually or jointly?

The filing indicates it was filed by one reporting person (individual filing).

Who signed the Form 4 on behalf of the reporting person?

Jacobo Cohen Imach signed the Form 4 as attorney-in-fact for the reporting person.