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.

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^*

Saigh Alexandre Teixeira de Assumpcao

(Last) (First) (Middle)

60 NEXUS WAY, 4TH FLOOR

(Street)

CAMANA BAY GRAND CAYMAN KY1-9006

(City) (State) (Zip)

CAYMAN ISLANDS

(Country)

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

3. Issuer Name and Ticker or Trading Symbol
Patria Investments Ltd [ PAX ]

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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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	142,680	D

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
Class B Common Shares	(1)	(1)	Class A Common Shares	1,586,221	(1)	I	See Footnote(2)
Performance Share Unit	(3)	(3)	Class A Common Shares	237,415	(3)	D
Performance Share Unit	(3)	(3)	Class A Common Shares	489,511	(3)	D
Performance Share Unit	(3)	(3)	Class A Common Shares	489,511	(3)	D
Performance Share Unit	(3)	(3)	Class A Common Shares	95,535	(3)	D
Performance Share Unit	(3)	(3)	Class A Common Shares	464,500	(3)	D

Explanation of Responses:

1. 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.

2. 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.

3. 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.

	/s/ Alexandre Teixeira de Assumpcao Saigh	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 Patria Investments (PAX) CEO report on this Form 3?

The CEO reports his existing equity interests in Patria, including indirect Class B Common Shares and several Performance Share Unit awards, as well as directly held Class A Common Shares. This filing establishes his baseline ownership position rather than documenting new market transactions.

How many Class B Common Shares are reported by the Patria (PAX) CEO?

He indirectly reports 1,586,221 Class B Common Shares. These shares are beneficially owned through Patria Holdings Limited and directly held by RM Fund, an entity owned and controlled by him, and are convertible into an equivalent number of Class A Common Shares.

What voting rights do Patria (PAX) Class B Common Shares carry?

The Class B Common Shares carry enhanced voting power. Each Class B share is entitled to 10 votes per share, and they are convertible under certain circumstances into an equivalent number of Class A Common Shares, which generally have standard voting rights.

What Performance Share Units does the Patria (PAX) CEO hold?

He holds several Performance Share Unit awards linked to Class A Common Shares, with underlying amounts including 237,415; 489,511; 95,535; and 464,500 shares. These units represent potential future Class A shares if vesting and performance conditions are satisfied.

How do the Patria (PAX) CEO’s Performance Share Units vest?

The Performance Share Units vest and settle in Class A Common Shares in three equal annual installments, beginning on the third anniversary of the grant date. Vesting requires meeting specified total shareholder return goals and maintaining continuous employment through each applicable vesting date.

How many Patria (PAX) Class A Common Shares does the CEO hold directly?

He directly holds 142,680 Class A Common Shares. In addition, his Performance Share Units are linked to further potential Class A shares, subject to vesting conditions based on total shareholder return and continued service with the company.