PagSeguro director-linked entity sells 200K shares

PagSeguro Digital Ltd. director Alexandre Magnani, through entity Carcara Investments Ltd. that he controls, completed an open-market sale of 200,000 Class A Common Shares on April 17, 2026.

Rhea-AI Filing Summary

PagSeguro Digital Ltd. director Alexandre Magnani, through entity Carcara Investments Ltd. that he controls, completed an open-market sale of 200,000 Class A Common Shares on April 17, 2026.

The shares were sold at a weighted average price of $11.26, in multiple trades between $11.24 and $11.31 per share. Following this transaction, Mr. Magnani holds 607,390 Class A Common Shares directly, and may be deemed to beneficially own shares held by Carcara Investments Ltd.

Insider Trade Summary

Net Seller: 200,000 shares

Net Sell 1 txn

Insider Magnani Alexandre Mr

Role Director

Sold 200,000 shs ($2.25M)

Type	Security	Shares	Price	Value
Sale	Class A Common Shares	200,000	$11.26	$2.25M

Holdings After Transaction: Class A Common Shares — 607,390 shares (Direct)

Footnotes (2)

1. F1. The 200,000 shares were previously held directly by Mr. Magnani, were transferred to Carcara Investments Ltd. on April 17, 2026 and were subsequently sold by Carcara Investments Ltd. on April 17, 2026. Mr. Magnani controls Carcara Investments Ltd. and may be deemed to beneficially own the shares held by Carcara Investments Ltd.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.24 to $11.31, inclusive.

Key Figures

Shares sold: 200,000 shares Weighted average sale price: $11.26 per share Sale price range: $11.24–$11.31 per share +1 more

4 metrics

Shares sold 200,000 shares Class A Common Shares sold in open-market transaction on April 17, 2026

Weighted average sale price $11.26 per share Average price for 200,000 shares sold

Sale price range $11.24–$11.31 per share Range of prices for multiple sale transactions

Shares held after transaction 607,390 shares Class A Common Shares held directly by Alexandre Magnani after sale

Key Terms

Class A Common Shares, open-market sale, weighted average price, beneficially own

4 terms

Class A Common Shares financial

"Security title reported as Class A Common Shares in the transaction"

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).

open-market sale financial

"Transaction action described as open-market sale of shares"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"Footnote notes the price reported is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

beneficially own financial

"Footnote states Magnani may be deemed to beneficially own shares"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PagSeguro (PAGS) report for Alexandre Magnani?

PagSeguro reported that an entity controlled by director Alexandre Magnani, Carcara Investments Ltd., sold 200,000 Class A Common Shares in an open-market transaction on April 17, 2026, while Magnani retained 607,390 Class A Common Shares directly after the sale.

How many PagSeguro (PAGS) shares were sold and at what price range?

Carcara Investments Ltd., controlled by director Alexandre Magnani, sold 200,000 PagSeguro Class A Common Shares at a weighted average price of $11.26 per share, with individual trades executed between $11.24 and $11.31 per share, according to the disclosed footnote details.

Who executed the 200,000-share sale related to PagSeguro (PAGS)?

The 200,000 PagSeguro Class A Common Shares were sold by Carcara Investments Ltd. after being transferred from Alexandre Magnani. Magnani controls Carcara Investments Ltd. and may be deemed to beneficially own the shares held by that entity under the disclosed ownership description.

What are Alexandre Magnani’s PagSeguro (PAGS) holdings after this Form 4 sale?

After the reported open-market sale associated with Carcara Investments Ltd., Alexandre Magnani holds 607,390 PagSeguro Class A Common Shares directly. The filing also notes that he controls Carcara Investments Ltd. and may be deemed to beneficially own shares that entity holds.

Was the PagSeguro (PAGS) insider sale an open-market transaction?

Yes. The Form 4 describes the 200,000-share transaction as an open-market sale of PagSeguro Class A Common Shares. The reported price is a weighted average, with multiple trades completed between $11.24 and $11.31 per share during the execution of the sale.

How is beneficial ownership described for the PagSeguro (PAGS) shares sold?

The filing explains that the 200,000 shares were transferred from Alexandre Magnani to Carcara Investments Ltd. and then sold. Because Magnani controls Carcara Investments Ltd., he may be deemed to beneficially own the shares held by that entity under applicable beneficial ownership concepts.

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

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Accepted by SEC EDGAR 04/21/2026 - 11:54 AM Learn about SEC filing dates

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^*

Magnani Alexandre Mr

(Last) (First) (Middle)

RUA CURITIBA, 381 AP 121

(Street)

SAO PAULO SAO PAULO 04005030

(City) (State) (Zip)

BRAZIL

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026

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 Common Shares	04/17/2026(1)		S		200,000	D	$11.26(2)	607,390	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

Explanation of Responses:

1. The 200,000 shares were previously held directly by Mr. Magnani, were transferred to Carcara Investments Ltd. on April 17, 2026 and were subsequently sold by Carcara Investments Ltd. on April 17, 2026. Mr. Magnani controls Carcara Investments Ltd. and may be deemed to beneficially own the shares held by Carcara Investments Ltd.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.24 to $11.31, inclusive.

	/s/ Alexandre Magnani	04/21/2026
	** 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)