STOCK TITAN

PicS (PICS) IR and M&A officer buys 49,500 Class A shares in market

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

PicS N.V. insider Augusto Cazotto Andre, the company’s IR, Strategy and M&A Officer, reported an open-market purchase of 49,500 Class A Common Shares on June 11, 2026 at a price of $9.41 per share. Following this transaction, he directly holds 57,700 Class A Common Shares. A footnote explains that a prior Form 4 filed on April 1, 2026 contained administrative errors and had understated his holdings after a March 31, 2026 transaction, reporting 1,700 shares instead of the correct 8,200 shares; the current holding figure reflects this correction.

Positive

  • None.

Negative

  • None.
Insider Augusto Cazotto Andre
Role IR, Strategy and M&A Officer
Bought 49,500 shs ($466K)
Type Security Shares Price Value
Purchase Class A Common Shares 49,500 $9.41 $466K
Holdings After Transaction: Class A Common Shares — 57,700 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares purchased 49,500 shares Class A Common Shares bought on June 11, 2026
Purchase price $9.41 per share Open-market purchase on June 11, 2026
Shares owned after transaction 57,700 shares Direct holdings following June 11, 2026 trade
Correct prior holdings 8,200 shares Corrected total after March 31, 2026 transaction per footnote
Transaction type Open-market purchase (Code P) Non-derivative Class A Common Shares
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Class A Common Shares financial
"security_title: "Class A Common Shares""
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).
Form 4 regulatory
"the Form 4 filed by the Reporting Person"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
administrative errors regulatory
"Due to administrative errors, (i) the Form 4 filed"
direct ownership financial
"ownership_type: "direct", ownership_code: "D""
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SEC Form 4
FORM 4UNITED 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*
Augusto Cazotto Andre

(Last)(First)(Middle)
AVENIDA MANUEL BANDEIRA
291, BLOCK A, 2ND FLOOR

(Street)
SAO PAULO05317-020

(City)(State)(Zip)

BRAZIL

(Country)
2. Issuer Name and Ticker or Trading Symbol
PicS N.V. [ PICS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
IR, Strategy and M&A Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Shares06/11/2026P49,500A$9.4157,700(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Due to administrative errors, (i) the Form 4 filed by the Reporting Person with the U.S. Securities and Exchange Commission ("SEC") on April 1, 2026 with respect to the transaction that took place on March 31, 2026 misreported the total number of shares held by the Reporting Person as 1,700 Class A common shares, rather than the correct number of 8,200 Class A common shares. The number of Class A common shares reported in this box is the corrected number held by the Reporting Person following the transaction reported on this line of this Form 4.
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 Cazotto06/12/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did PicS (PICS) report for Augusto Cazotto Andre?

PicS IR, Strategy and M&A Officer Augusto Cazotto Andre reported buying 49,500 Class A Common Shares on June 11, 2026 at $9.41 per share. After this open-market purchase, his direct holdings increased to 57,700 shares according to the Form 4 filing.

At what price did Augusto Cazotto Andre buy PicS (PICS) shares?

He purchased PicS Class A Common Shares at $9.41 per share in an open-market transaction on June 11, 2026. The Form 4 shows this as a non-derivative transaction for 49,500 shares, classified as a direct ownership position.

How many PicS (PICS) shares does Augusto Cazotto Andre hold after the reported trade?

Following the June 11, 2026 transaction, Augusto Cazotto Andre directly holds 57,700 PicS Class A Common Shares. This total appears in the Form 4 as the number of shares owned after the reported open-market purchase of 49,500 shares.

What administrative error does the PicS (PICS) Form 4 footnote describe?

The footnote explains that a previous Form 4 filed April 1, 2026 misreported Andre’s holdings after a March 31, 2026 trade as 1,700 shares, instead of the correct 8,200. The current holding figure in this Form 4 reflects the corrected amount.

Is Augusto Cazotto Andre’s PicS (PICS) share ownership direct or indirect?

The Form 4 classifies his ownership as direct, coded as “D” in the filing. The June 11, 2026 transaction covers non-derivative Class A Common Shares held directly, with no derivative positions reported in the derivativeSummary section.