[Form 3] PicS N.V. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

PicS N.V. insider Augusto Cazotto Andre, the company’s IR, Strategy and M&A Officer, filed an initial ownership report showing 52,892 Restricted Stock Units. Each RSU represents one Class A Common Share and was granted on March 31, 2025, with remaining installments vesting pro rata on March 31, 2027, March 31, 2028 and March 31, 2029, subject to continued service as an officer.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Augusto Cazotto Andre

Role IR, Strategy and M&A Officer

Type	Security	Shares	Price	Value
holding	Restricted Stock Units	--	--	--

Holdings After Transaction: Restricted Stock Units — 52,892 shares (Direct)

Footnotes (1)

1. Each restricted stock unit ("RSU") represents the contingent right to receive one Class A Common Share. Represents RSUs granted on March 31, 2025, the remaining installments of which will vest pro rata on each of March 31, 2027, March 31, 2028 and March 31, 2029, subject to continued service as a officer of the issuer.

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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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Augusto Cazotto Andre

(Last) (First) (Middle)

AVENIDA MANUEL BANDEIRA

291, BLOCK A, 2ND FLOOR

(Street)

SAO PAULO 05317-020

(City) (State) (Zip)

BRAZIL

(Country)

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

3. Issuer Name and Ticker or Trading Symbol
PicS N.V. [ PICS ]

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	IR, Strategy and M&A 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)

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
Restricted Stock Units	(2)	(2)	Class A Common Shares	52,892	(1)	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the contingent right to receive one Class A Common Share.

2. Represents RSUs granted on March 31, 2025, the remaining installments of which will vest pro rata on each of March 31, 2027, March 31, 2028 and March 31, 2029, subject to continued service as a officer of the issuer.

Remarks:

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.

	/s/ Andre Augusto Cazotto	03/19/2026
	** 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)