PagSeguro director Luis Frias files Form 3 holdings
PagSeguro Digital Ltd. director Luis Frias filed an initial Form 3 reporting his ownership of the company’s shares.
Rhea-AI Filing Summary
PagSeguro Digital Ltd. director Luis Frias filed an initial Form 3 reporting his ownership of the company’s shares. He reports 862,441 Class A Common Shares held directly, plus additional Class A and Class B shares held indirectly through corporations.
The indirect positions include 264,790, 3,718,313 and 2,424,355 Class A Common Shares, as well as 120,459,508 Class B Common Shares, all held by corporations. A footnote states he disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, so the filing focuses on disclosure of existing stakes rather than any new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class B Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
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What does PagSeguro (PAGS) disclose in Luis Frias’s Form 3?
What is the significance of the beneficial ownership disclaimer in Luis Frias’s PagSeguro filing?
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