PagSeguro (PAGS) director discloses 109,281 Class A shares held via corporation

Rhea-AI Filing Summary

PagSeguro Digital Ltd. director Alcaro Eduardo filed an initial ownership report showing indirect holdings of Class A common shares. The filing lists 109,281 Class A common shares held indirectly through a corporation. Eduardo disclaims beneficial ownership of these securities beyond his pecuniary interest, meaning the shares are associated with an entity rather than held directly in his own name.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Alcaro Eduardo

Role Director

Type	Security	Shares	Price	Value
holding	Class A common shares	--	--	--

Holdings After Transaction: Class A common shares — 109,281 shares (Indirect, By Corporation)

Footnotes (1)

1. [object Object]

Key Figures

Indirect Class A shares: 109,281 shares Holding entries: 1 entry Net buy/sell shares: 0 shares +1 more

4 metrics

Indirect Class A shares 109,281 shares Total Class A common shares indirectly held "By Corporation" after reporting

Holding entries 1 entry Single holding record for Class A common shares in Form 3

Net buy/sell shares 0 shares Transaction summary shows no net buying or selling activity

Unknown transaction records 1 record TransactionSummary lists one entry with unknown transaction code

Key Terms

beneficial ownership, pecuniary interest, Section 16, Class A common shares, +1 more

5 terms

beneficial ownership financial

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

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

"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"

Section 16 regulatory

"shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

Class A common shares financial

"security_title": "Class A common shares""

A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).

indirect ownership financial

""direct_or_indirect": "I","nature_of_ownership": "By Corporation""

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Alcaro Eduardo

(Last) (First) (Middle)

AV. BRIGADEIRO FARIA LIMA, 1384

4 ANDAR, PARTE A

(Street)

SAO PAULO 01451-001

(City) (State) (Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
PagSeguro Digital Ltd. [ PAGS ]

3a. Foreign Trading Symbol

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

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

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

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A common shares	109,281(1)	I	By Corporation

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

	/s/ Eduardo Alcaro	03/30/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does PagSeguro (PAGS) director Alcaro Eduardo report on this Form 3?

He reports an initial indirect ownership position in PagSeguro Digital Ltd. The filing shows 109,281 Class A common shares held through a corporation, establishing his reportable stake under Section 16 without indicating any recent purchase or sale activity.

How many PagSeguro (PAGS) shares does Alcaro Eduardo indirectly hold?

The report lists indirect ownership of 109,281 Class A common shares. These are held "By Corporation," meaning they are associated with an entity rather than directly in his personal account, and serve to disclose his reportable stake as a company director.

Is there any buy or sell transaction in this PagSeguro (PAGS) Form 3?

No explicit buy or sell transaction is reported. The entry is categorized as a holding, with transaction share counts and prices not provided, indicating this Form 3 primarily establishes existing indirect ownership rather than documenting a new trade.

What does it mean that Alcaro Eduardo disclaims beneficial ownership of PagSeguro (PAGS) shares?

The footnote states he disclaims beneficial ownership except to the extent of his pecuniary interest. This means he does not concede full beneficial ownership of all 109,281 reported shares, limiting his acknowledgment to any economic interest he actually holds.

How are PagSeguro (PAGS) shares held according to Alcaro Eduardo’s Form 3?

The Form 3 shows the 109,281 Class A common shares as indirectly owned "By Corporation." This indicates the shares are held through a corporate entity, not directly by Eduardo personally, even though they are reportable in connection with his director role.