VTEX CEO discloses initial share and option stakes
VTEX Chief Executive Officer do Carmo Thomaz Junior Geraldo filed an initial ownership report detailing his equity interests in the company.
Rhea-AI Filing Summary
VTEX Chief Executive Officer do Carmo Thomaz Junior Geraldo filed an initial ownership report detailing his equity interests in the company. The filing lists several blocks of stock options over Class A common stock, including grants covering 1,500,000 underlying shares at an exercise price of $4.5000 expiring on July 27, 2027, and 500,000 underlying shares at $4.0000 expiring on November 25, 2027. It also shows restricted stock units tied to Class A shares and direct holdings of Class A and Class B common shares. In addition, indirect holdings are reported through entities such as Itacare Corporation, Signo Inv Tech Co Ltd, and Imbetiba Parent Limited, which together hold sizable amounts of Class A and Class B common shares on his behalf.
Positive
- None.
Negative
- None.
Insider Trade Summary
15 transactions reported
Mixed
15 txns
Insider
do Carmo Thomaz Junior Geraldo
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
| holding | Class B Common Shares | -- | -- | -- |
| holding | Class B Common Shares | -- | -- | -- |
| holding | Class B Common Shares | -- | -- | -- |
| holding | Class B Common Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options — 2,943,771 contracts (Direct);
Restricted Stock Unit — 703,147 contracts (Direct);
Class A Common Shares — 237,389 shares (Direct);
Class A Common Shares — 53,678 shares (Indirect, By Itacare Corporation);
Class A Common Shares — 120,089 shares (Indirect, By Signo Inv Tech Co Ltd);
Class B Common Shares — 13,280,668 shares (Indirect, By Itacare Corporation);
Class B Common Shares — 2,000,000 shares (Indirect, By Signo Inv Tech Co Ltd);
Class B Common Shares — 18,420,307 shares (Indirect, By Imbetiba Parent Limited);
Class B Common Shares — 963,120 shares (Direct)
Footnotes (9)
- F1. These stock options are fully vested.
- F2. Represents stock options, of which 25% vested on November 25, 2023, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.
- F3. Represents stock options, of which 25% vested on November 01, 2024, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.
- F4. Represents stock options, of which 25% vested on November 01, 2025, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.
- F5. Represents stock options, of which 25% vests on November 01, 2026, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.
- F6. Represents restricted stock units ("RSUs"). 25% of which vested on November 1, 2024, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter
- F7. Each RSU represents a contingent right to receive shares of Issuer Class A common stock.
- F8. Represents RSUs, 25% of which vested on November 1, 2025, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.
- F9. Represents RSUs, 25% of which vests on November 1, 2026, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does VTEX (VTEX) CEO report in this Form 3 filing?
The CEO reports his existing VTEX equity holdings. The filing lists stock options over Class A common stock, restricted stock units, direct Class A and Class B shares, and additional indirect holdings through related entities.
What stock option positions does the VTEX CEO disclose in this Form 3?
The CEO discloses multiple stock option grants. These include options over 1,500,000 Class A shares at $4.5000 and 500,000 Class A shares at $4.0000 per share, with expirations in July and November 2027, plus additional later-expiring grants.
What restricted stock units does the VTEX CEO hold according to the filing?
The filing shows several RSU grants in VTEX Class A stock. RSUs cover 120,313, 189,063 and 393,771 underlying Class A shares, vesting 25% on specified November dates with the remainder vesting 6.25% every three months thereafter.
How much VTEX Class A stock does the CEO hold directly?
The CEO reports direct ownership of Class A common shares. The filing lists 237,389 Class A common shares held directly, separate from his options and RSU awards tied to additional Class A shares.
Do the VTEX CEO’s stock options in this Form 3 have vesting schedules?
Some option grants are already vested, others vest over time. One grant is fully vested, while others vest 25% on specific November dates, with remaining amounts vesting in 6.25% quarterly tranches as described in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
