StoneCo (STNE) operating officer gets 170,461 dividend-equivalent RSUs
Rhea-AI Filing Summary
de Oliveira Bassili Sandro reported acquisition or exercise transactions in this Form 4 filing.
StoneCo Ltd. Operating Officer Sandro de Oliveira Bassili reported an equity compensation update. He received 170,461 shares of Common Stock in the form of additional restricted stock units at no cash cost, credited as dividend equivalents on previously granted restricted stock unit awards. These additional units follow the same vesting terms and conditions as the original awards. After this grant, Bassili holds 922,639 shares and restricted stock units directly, and 860 shares are held indirectly through Blairwind Management Ltd., as part of his overall position in StoneCo.
Positive
- None.
Negative
- None.
Insights
Routine dividend-equivalent RSU credit; no open-market trading or cash involved.
Operating Officer Sandro de Oliveira Bassili received 170,461 additional restricted stock units as dividend-equivalent rights tied to StoneCo’s prior dividend. The units were credited at no cash cost and carry the same vesting terms as his underlying RSU awards.
This is a compensation-related acquisition rather than an open-market purchase or sale, so it offers limited signalling about his view of StoneCo’s share value. Following the grant, his direct holdings total 922,639 shares and RSUs, with a further 860 shares held indirectly via Blairwind Management Ltd..
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 170,461 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the acquisition of dividend equivalent rights in the form of additional restricted stock units, which were credited in connection with the Issuer's dividend payment on previously granted restricted stock units awards. These additional restricted stock units are subject to the same terms and conditions, including vesting, as the underlying restricted stock units awards to which they relate. The additional restricted stock units were credited at no cash cost to the reporting person as a dividend equivalent on outstanding restricted stock units. 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.