PicS director reports initial share and RSU holdings

PicS N.V. director Jose Antonio Batista Costa filed an initial ownership statement showing his equity exposure to the company.

Rhea-AI Filing Summary

PicS N.V. director Jose Antonio Batista Costa filed an initial ownership statement showing his equity exposure to the company. He holds restricted stock units that are exercisable at $0.0000 per unit, each representing one Class A Common Share.

The filing reports 97,631 RSUs directly tied to Class A Common Shares, with remaining installments scheduled to vest pro rata on July 1, 2026, July 1, 2027, July 1, 2028 and July 1, 2029, subject to continued board service. It also notes 4,269,216 Class A Common Shares held by Stichting JAB, a Dutch foundation of which he is a beneficiary, for which he disclaims beneficial ownership except for any pecuniary interest.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Batista Costa Jose Antonio

Role Director

Type	Security	Shares	Price	Value
holding	Restricted Stock Units	--	--	--
holding	Class A Common Shares	--	--	--

Holdings After Transaction: Restricted Stock Units — 97,631 contracts (Direct); Class A Common Shares — 4,269,216 shares (Indirect, By Stichting JAB)

Footnotes (3)

1. F1. The securities shown in this row are held directly by Stichting JAB, a foundation incorporated under Dutch law. The reporting person is a beneficiary of Stichting JAB. The reporting person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein.
2. F2. Each restricted stock unit ("RSU") represents the contingent right to receive one Class A Common Share.
3. F3. Represents RSUs granted on July 1, 2024, the remaining installments of which will vest pro rata on each of July 1, 2026, July 1, 2027, July 1, 2028 and July 1, 2029, subject to continued service as a member of the board of directors of the issuer.

FAQ

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

What does the PicS (PICS) Form 3 filing by Jose Antonio Batista Costa show?

The Form 3 shows director Jose Antonio Batista Costa’s initial ownership in PicS. It reports his direct restricted stock units and indirect exposure through Stichting JAB, outlining current positions rather than any recent share purchases or sales.

How many PicS (PICS) restricted stock units does Batista Costa report on Form 3?

He reports 97,631 restricted stock units linked to PicS Class A Common Shares. Each RSU represents a contingent right to receive one share, subject to the vesting schedule and continued service on the board of directors.

What is the vesting schedule for PicS (PICS) RSUs reported by Batista Costa?

The RSUs were granted on July 1, 2024 and will vest in remaining installments on July 1, 2026, July 1, 2027, July 1, 2028 and July 1, 2029. Vesting requires continued service as a PicS board member.

What indirect PicS (PICS) share holdings are disclosed through Stichting JAB?

The filing reports 4,269,216 PicS Class A Common Shares held by Stichting JAB, a Dutch foundation. Batista Costa is a beneficiary but disclaims beneficial ownership of these shares except to the extent of any pecuniary interest he may have.

Does the PicS (PICS) Form 3 indicate any insider buying or selling activity?

No, the Form 3 reflects holdings rather than trades. It lists existing restricted stock units and shares held indirectly through Stichting JAB, with no reported open-market purchases, sales, exercises, gifts, or tax-withholding transactions.

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

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Accepted by SEC EDGAR 03/18/2026 - 09:52 PM Learn about SEC filing dates

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
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Batista Costa Jose Antonio

(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)

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

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	4,269,216	I	By Stichting JAB(1)

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	(3)	(3)	Class A Common Shares	97,631	(2)	D

Explanation of Responses:

1. The securities shown in this row are held directly by Stichting JAB, a foundation incorporated under Dutch law. The reporting person is a beneficiary of Stichting JAB. The reporting person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein.

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

3. Represents RSUs granted on July 1, 2024, the remaining installments of which will vest pro rata on each of July 1, 2026, July 1, 2027, July 1, 2028 and July 1, 2029, subject to continued service as a member of the board of directors 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/ Jose Antonio Batista Costa	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)