Patria exec sells 14,504 shares at $11.29, $11.56

Q: What insider transactions did PAX executive Marco Nicola D'Ippolito report in this Form 4?

He reported a grant of 7,004 Class A Common Shares on August 3, 2026 under Patria’s bonus program, a sale of 7,004 shares at $11.29 on August 6, 2026, and an earlier sale of 7,500 shares at $11.56 on April 14, 2026.

Q: How many Patria Investments (PAX) shares did the insider sell and at what prices?

He sold a total of 14,504 Class A Common Shares: 7,500 shares at $11.56 per share on April 14, 2026 and 7,004 shares at $11.29 per share on August 6, 2026.

Q: What shares did the PAX insider receive under the bonus program?

On August 3, 2026, he acquired 7,004 Class A Common Shares at $0.00 per share, described as shares acquired pursuant to Patria Investments Ltd’s bonus program, which were subsequently sold.

Q: What is Marco Nicola D'Ippolito’s equity position in PAX after the reported sale?

After the August 6, 2026 sale, his position consisted of 318,936 Class A Common Shares, plus 22,412 unvested restricted share units and 101,830 unvested restricted share units under Patria’s matching share program.

Q: Were the PAX insider’s trades made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as being pursuant to a trading plan, and the footnotes describe the acquisition as pursuant to a bonus program and provide holdings detail, without referencing a 10b5-1 plan.

Patria Investments Ltd (PAX) reported insider transactions by Marco Nicola D'Ippolito, CEO of Global Private Markets.

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(Moderate)

Filing Sentiment

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Rhea-AI Filing Summary

Patria Investments Ltd (PAX) reported insider transactions by Marco Nicola D'Ippolito, CEO of Global Private Markets. On August 3, 2026 he acquired 7,004 Class A Common Shares at $0.00 per share pursuant to the company’s bonus program, and on August 6, 2026 he sold 7,004 shares at $11.29 per share. Previously, on April 14, 2026 he sold 7,500 shares at $11.56 per share. After the August 6 sale, his position consisted of 318,936 Class A Common Shares, plus 22,412 unvested restricted share units and 101,830 unvested restricted share units under the issuer’s matching share program.

Insider Trade Summary

Net Seller: 14,504 shares

Net Sell 3 txns

Insider D'Ippolito Marco Nicola

Role CEO of Global Private Markets

Sold 14,504 shs ($166K)

Type	Security	Shares	Price	Value
Sale	Class A Common Shares ^{F1, F2}	7,004	$11.29	$79K
Grant/Award	Class A Common Shares ^F1	7,004	$0.00	$0.00
Sale	Class A Common Shares	7,500	$11.56	$87K

Holdings After Transaction: Class A Common Shares — 443,178 shares (Direct)

Footnotes (2)

F1. Represents Class A Common Shares acquired by the Reporting Person pursuant to the Issuer's bonus program and subsequently sold.
F2. Consists of 22,412 unvested restricted share units, 101,830 unvested restricted share units pursuant to the Issuer's matching share program, and 318,936 Class A Common Shares owned by the Reporting Person.

Key Figures

Shares sold on August 6, 2026: 7,004 Class A Common Shares Sale price on August 6, 2026: $11.29 per share Bonus shares granted on August 3, 2026: 7,004 Class A Common Shares +5 more

8 metrics

Shares sold on August 6, 2026 7,004 Class A Common Shares Sale transaction at $11.29 per share

Sale price on August 6, 2026 $11.29 per share Sale of 7,004 Class A Common Shares

Bonus shares granted on August 3, 2026 7,004 Class A Common Shares Acquired pursuant to issuer's bonus program at $0.00 per share

Shares sold on April 14, 2026 7,500 Class A Common Shares Sale transaction at $11.56 per share

Sale price on April 14, 2026 $11.56 per share Sale of 7,500 Class A Common Shares

Class A Common Shares owned after August 6, 2026 sale 318,936 Class A Common Shares Reported in holdings footnote

Unvested restricted share units 22,412 restricted share units Unvested RSUs reported in holdings footnote

Unvested RSUs under matching share program 101,830 restricted share units Unvested RSUs pursuant to issuer's matching share program

Key Terms

restricted share units, matching share program, Class A Common Shares, bonus program

4 terms

Class A Common Shares financial

"Represents Class A Common Shares acquired by the Reporting Person"

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).

bonus program financial

"acquired by the Reporting Person pursuant to the Issuer's bonus program"

FAQ

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

What insider transactions did PAX executive Marco Nicola D'Ippolito report in this Form 4?

He reported a grant of 7,004 Class A Common Shares on August 3, 2026 under Patria’s bonus program, a sale of 7,004 shares at $11.29 on August 6, 2026, and an earlier sale of 7,500 shares at $11.56 on April 14, 2026.

How many Patria Investments (PAX) shares did the insider sell and at what prices?

He sold a total of 14,504 Class A Common Shares: 7,500 shares at $11.56 per share on April 14, 2026 and 7,004 shares at $11.29 per share on August 6, 2026.

What shares did the PAX insider receive under the bonus program?

On August 3, 2026, he acquired 7,004 Class A Common Shares at $0.00 per share, described as shares acquired pursuant to Patria Investments Ltd’s bonus program, which were subsequently sold.

What is Marco Nicola D'Ippolito’s equity position in PAX after the reported sale?

After the August 6, 2026 sale, his position consisted of 318,936 Class A Common Shares, plus 22,412 unvested restricted share units and 101,830 unvested restricted share units under Patria’s matching share program.

Were the PAX insider’s trades made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as being pursuant to a trading plan, and the footnotes describe the acquisition as pursuant to a bonus program and provide holdings detail, without referencing a 10b5-1 plan.

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

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Available on EDGAR 08/24/2026 - 12:25 PM Accepted by SEC EDGAR 08/24/2026 - 12:25 PM

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^*

D'Ippolito Marco Nicola

(Last)

(First)

(Middle)

60 NEXUS WAY, 4TH FLOOR

(Street)

CAMANA BAY

KY1-9006

(City)

(State)

(Zip)

CAYMAN ISLANDS

(Country)

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO of Global Private Markets

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Shares	04/14/2026		S		7,500	D	$11.56	443,178	D
Class A Common Shares	08/03/2026		A⁽¹⁾		7,004	A	$0	450,182	D
Class A Common Shares	08/06/2026		S⁽¹⁾		7,004	D	$11.29	443,178⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents Class A Common Shares acquired by the Reporting Person pursuant to the Issuer's bonus program and subsequently sold.

2. Consists of 22,412 unvested restricted share units, 101,830 unvested restricted share units pursuant to the Issuer's matching share program, and 318,936 Class A Common Shares owned by the Reporting Person.

	/s/ Marco Nicola D'Ippolito	08/24/2026
	** 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)

Source: View Original Filing on SEC EDGAR