PagSeguro (NYSE: PAGS) director Luis Frias reports initial share stakes

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.

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

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1. Name and Address of Reporting Person^*

Frias Luis

(Last) (First) (Middle)

AV. BRIGADEIRO FARIA LIMA, 1384, 11TH FL

(Street)

SAO PAULO 01452-002

(City) (State) (Zip)

UNITED STATES

(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	862,441	D
Class A Common Shares	264,790	I	By Corporation
Class A Common Shares	3,718,313(1)	I	By Corporation
Class B Common Shares	120,459,508(1)	I	By Corporation
Class A Common Shares	2,424,355(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/ Luis Frias	03/18/2026
	** 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) disclose in Luis Frias’s Form 3?

The Form 3 shows director Luis Frias reporting his existing ownership in PagSeguro Digital Ltd., including direct and indirect holdings of Class A and Class B Common Shares. It is an initial ownership statement, not a record of new trades.

How many PagSeguro Class A shares does Luis Frias hold directly and indirectly?

Luis Frias reports 862,441 Class A Common Shares held directly. Indirectly, through corporations, he reports additional Class A positions of 264,790, 3,718,313 and 2,424,355 shares, highlighting substantial exposure to PagSeguro’s Class A equity.

How many PagSeguro Class B shares are associated with Luis Frias in the Form 3?

The Form 3 lists 120,459,508 Class B Common Shares held indirectly through corporations associated with Luis Frias. These Class B holdings are reported as indirect ownership and form the largest single block disclosed in the filing.

Does the PagSeguro Form 3 show Luis Frias buying or selling shares?

The Form 3 does not report any buys or sells. It only presents existing direct and indirect holdings as of the reporting date, serving as an initial ownership snapshot rather than a record of new market transactions.

What is the significance of the beneficial ownership disclaimer in Luis Frias’s PagSeguro filing?

A footnote states that Luis Frias disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest. This means some shares are held by related corporations, and he does not claim full economic or voting control over all reported positions.