Nu Holdings (NYSE: NU) CEO uses 45,690 shares for equity-related obligations

Rhea-AI Filing Summary

Nu Holdings Ltd. director and Chairman and CEO Velez Osorno David reported a Form 4 showing a code F disposition of 45,690 Class A ordinary shares on 2026-07-23 at $13.39 per share, delivered or withheld to satisfy exercise price or tax-related obligations. Following this, he directly held 6,159,381 Class A shares, which includes 3,100,064 shares underlying unvested RSUs contingent on continued service. He also reported 698,914 Class A shares held indirectly through Rua California Ltd., for which he disclaims beneficial ownership except to the extent of his pecuniary interest. The transaction was not reported as pursuant to a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Seller: 45,690 shares

Net Sell 2 txns

Insider Velez Osorno David

Role Chairman and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A ordinary shares ("Class A Shares") F1	45,690	$13.39	$612K
holding	Class A Shares F2	--	--	--

Holdings After Transaction: Class A ordinary shares ("Class A Shares") — 6,159,381 shares (Direct); Class A Shares — 698,914 shares (Indirect, By Rua California Ltd.)

Footnotes (2)

1. F1. Figure includes 3,100,064 Class A Ordinary Shares underlying unvested Restricted Share Units (RSUs) associated with prior grant(s). Each RSU represents a contingent right to receive one Class A Ordinary share. These RSUs are subject to the Reporting Person's continued service through the vesting date.
2. F2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Key Figures

Shares used for exercise price or tax liability: 45,690 Class A ordinary shares Price per share for disposition: $13.39 per share Direct Class A holdings after transaction: 6,159,381 Class A ordinary shares +2 more

5 metrics

Shares used for exercise price or tax liability 45,690 Class A ordinary shares Disposition on 2026-07-23 under transaction code F

Price per share for disposition $13.39 per share Shares delivered or withheld on 2026-07-23

Direct Class A holdings after transaction 6,159,381 Class A ordinary shares Includes shares underlying unvested RSUs held by the CEO

Unvested RSUs included in holdings 3,100,064 RSUs Each RSU is a contingent right to one Class A share

Indirect Class A holdings 698,914 Class A ordinary shares Held indirectly through Rua California Ltd.

Key Terms

Restricted Share Units (RSUs), beneficial ownership, pecuniary interest, Class A ordinary shares

4 terms

Restricted Share Units (RSUs) financial

"underlying unvested Restricted Share Units (RSUs) associated with prior grant(s)"

Restricted share units (RSUs) are a form of employee pay where a company promises to give shares (or their cash value) to workers after certain conditions, usually time or performance, are met. For investors, RSUs matter because they can increase the number of shares outstanding and signal how management is being paid and incentivized—think of them as delayed bonuses that convert into ownership when vesting conditions are satisfied.

beneficial ownership financial

"The reporting person disclaims beneficial ownership of these securities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of his pecuniary interest therein"

Class A ordinary shares financial

"Figure includes 3,100,064 Class A Ordinary Shares underlying unvested"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/27/2026 - 06:54 PM Accepted by SEC EDGAR 07/27/2026 - 06:54 PM Learn about SEC filing dates

FAQ

What insider transaction did Nu Holdings (NU) report for Velez Osorno David?

Nu Holdings reported that Velez Osorno David, its Chairman and CEO, used 45,690 Class A shares on 2026-07-23 at $13.39 per share to satisfy exercise price or tax-related obligations, coded F on Form 4, rather than an open-market sale.

How many Nu Holdings (NU) shares does Velez Osorno David hold after this Form 4?

After the reported transaction, Velez Osorno David directly held 6,159,381 Class A ordinary shares. This figure includes 3,100,064 shares underlying unvested RSUs that may settle into shares only if his service continues through applicable vesting dates.

What RSU position did the Nu Holdings (NU) Form 4 disclose for the CEO?

The filing states that the CEO’s direct holdings include 3,100,064 Class A shares underlying unvested RSUs. Each RSU represents a contingent right to receive one Class A share, subject to his continued service through the vesting dates of the prior grants.

What indirect Nu Holdings (NU) ownership is reported through Rua California Ltd.?

The Form 4 lists 698,914 Class A shares held indirectly, with ownership described as “By Rua California Ltd.”. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in that entity.

Was the Nu Holdings (NU) CEO’s Form 4 transaction under a Rule 10b5-1 plan?

The Rule 10b5-1 checkbox was not marked as affirming a trading plan, and no footnote describes a Rule 10b5-1 arrangement. The reported code F transaction therefore was not disclosed as occurring under a pre-arranged Rule 10b5-1 trading plan.

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^*

Velez Osorno David

(Last) (First) (Middle)

RUA CAPOTE VALENTE, 39, PINHEIROS

(Street)

SAO PAULO 05409001

(City) (State) (Zip)

BRAZIL

(Country)

2. Issuer Name and Ticker or Trading Symbol
Nu Holdings Ltd. [ NU ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/23/2026

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 ordinary shares ("Class A Shares")	07/23/2026		F		45,690	D	$13.39	6,159,381(1)	D
Class A Shares								698,914	I	By Rua California Ltd.(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Figure includes 3,100,064 Class A Ordinary Shares underlying unvested Restricted Share Units (RSUs) associated with prior grant(s). Each RSU represents a contingent right to receive one Class A Ordinary share. These RSUs are subject to the Reporting Person's continued service through the vesting date.

2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

	/s/ Beatriz Outeiro, attorney-in-fact for David Velez Osorno	07/27/2026
	** 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)