StoneCo (STNE) CRO amends Form 3 share holdings after count error
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
StoneCo Ltd. Chief Risk Officer Thomas Gregor Ilg filed an amended Form 3 to correct his reported equity holdings. The filing shows he now holds 189,122 shares of Common Stock, which include restricted stock units that each represent a right to receive one share. The amendment removes 961 shares that were mistakenly included in the original Form 3, updating the total to reflect the actual number of shares he beneficially owns.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ilg Thomas Gregor
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 189,122 shares (Direct, null)
Footnotes (1)
- Includes both restricted stock units that represent a contingent right to receive one share of the Issuer's Common Stock, as well as shares of Common Stock. 961 too many shares of Issuer's Common Stock were included in the reporting person's original Form 3. The total number of shares of Issuer's Common Stock has been updated to reflect the actual number of shares of Common Stock held by the reporting person.
Key Figures
Shares owned after amendment: 189,122 shares
Correction amount: 961 shares
2 metrics
Shares owned after amendment
189,122 shares
Total Common Stock, including RSUs, following Form 3/A
Correction amount
961 shares
Shares removed that were mistakenly included in original Form 3
Key Terms
restricted stock units, contingent right, Form 3, Common Stock
4 terms
restricted stock units financial
"Includes both restricted stock units that represent a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"restricted stock units that represent a contingent right to receive one share"
Form 3 regulatory
"included in the reporting person's original Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
"shares of Issuer's Common Stock were included in the reporting person's original Form 3"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does StoneCo (STNE) Chief Risk Officer Thomas Ilg report in this amended Form 3?
He reports updated ownership of 189,122 shares of StoneCo Common Stock. This figure includes both restricted stock units and actual shares, and corrects the total previously disclosed in his original Form 3 filing.
Why did StoneCo (STNE) file an amended Form 3 for Thomas Ilg?
The amendment corrects an overstatement of 961 shares in the original Form 3. The filing explains that too many shares were initially reported and the total has been adjusted to reflect the actual number of shares held.
Does the amended Form 3 for StoneCo (STNE) show any new insider buying or selling?
No, the entry reflects a holding adjustment, not a new transaction. The Form 3/A simply corrects the previously reported share count by removing 961 shares that were mistakenly included earlier.
What are the restricted stock units mentioned in Thomas Ilg’s StoneCo (STNE) holdings?
The filing states that his total includes restricted stock units, each representing a contingent right to receive one share. These RSUs are a form of equity compensation that can convert into StoneCo Common Stock under specified conditions.