Patria Investments (PAX) CEO discloses share and performance unit holdings
Rhea-AI Filing Summary
Patria Investments Ltd director and Chief Executive Officer Alexandre Teixeira de Assumpcao Saigh filed an initial Form 3 listing his equity interests. He indirectly holds 1,586,221 Class B Common Shares, which are convertible into an equivalent number of Class A Common Shares and carry 10 votes per share. He also directly holds multiple Performance Share Units tied to Class A Common Shares, including awards over 237,415; 489,511; 95,535; and 464,500 underlying Class A shares, plus 142,680 directly held Class A Common Shares. The performance shares vest in three equal annual installments starting on the third anniversary of grant, subject to total shareholder return targets and continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Shares | -- | -- | -- |
| holding | Performance Share Unit | -- | -- | -- |
| holding | Performance Share Unit | -- | -- | -- |
| holding | Performance Share Unit | -- | -- | -- |
| holding | Performance Share Unit | -- | -- | -- |
| holding | Performance Share Unit | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
Footnotes (3)
- F1. Class B Common Shares are convertible under certain circumstances into an equivalent number of Class A Common Shares. Class B Common Shares are entitled to 10 votes per share.
- F2. Represents Class B Common Shares beneficially owned by Patria Holdings Limited which are directly held by RM Fund, an entity owned and controlled by the Reporting Person.
- F3. The Performance Shares vest and are settled in Class A Common Shares in three equal annual installments beginning on the third anniversary of the grant date subject to (i) the achievement of specified Total Shareholder Return goals and (ii) continuous employment through the applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
