PicS CEO buys 87,505 shares in open market

Accepted by SEC EDGAR 03/27/2026 - 09:33 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

PicS N.V. Chief Executive Officer Chedid Simoes Eduardo purchased 87,505 Class A common shares in an open-market transaction. The weighted average purchase price was $11.52 per share, with individual trades executed between $11.44 and $11.60. Following this transaction, he directly owns 87,505 shares.

Insider Trade Summary

Net Buyer: 87,505 shares

Net Buy 1 txn

Insider Chedid Simoes Eduardo

Role Chief Executive Officer

Bought 87,505 shs ($1.01M)

Type	Security	Shares	Price	Value
Purchase	Class A Common Shares	87,505	$11.52	$1.01M

Holdings After Transaction: Class A Common Shares — 87,505 shares (Direct)

Holdings Before and After: Class A Common Shares, 0 to 87,505 shares (Direct)

Other Insiders: 2 other insiders reported open-market purchases of this stock in the 30 days up to this filing.

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $11.44 to $11.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

FAQ

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

What insider transaction did PicS (PICS) report for its CEO?

PicS reported that CEO Chedid Simoes Eduardo bought 87,505 Class A common shares in an open-market transaction. This purchase increases his direct ownership in the company to 87,505 shares, according to the latest insider filing.

At what price did the PicS (PICS) CEO buy the shares?

The CEO’s purchase had a weighted average price of $11.52 per share. According to the filing, individual trades were executed in a range from $11.44 to $11.60 per share, reflecting multiple transactions throughout the buying activity.

How many PicS (PICS) shares does the CEO own after this Form 4?

After the reported transaction, CEO Chedid Simoes Eduardo directly holds 87,505 Class A common shares. The Form 4 lists this total as the number of shares beneficially owned following the open-market purchase on the reported transaction date.

Was the PicS (PICS) CEO’s transaction a buy or a sell?

The transaction was a buy. The Form 4 classifies it as an open-market purchase, with the CEO acquiring 87,505 Class A common shares and no reported sales or derivative exercises in this particular filing.

What does the price range in the PicS (PICS) Form 4 footnote mean?

The footnote explains that the reported $11.52 price is a weighted average. The CEO bought shares in multiple trades at prices between $11.44 and $11.60, and detailed trade-level information is available upon request from the issuer or regulators.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Chedid Simoes Eduardo

(Last) (First) (Middle)

AVENIDA MANUEL BANDEIRA

291, BLOCK A, 2ND FLOOR

(Street)

SAO PAULO 05317-020

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares	03/26/2026		P		87,505	A	$11.52(1)	87,505	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $11.44 to $11.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

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/ Eduardo Chedid Simoes	03/27/2026
	** 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)