VTEX CRO reports stock option and RSU holdings
VTEX Chief Revenue Officer Santiago Naranjo Alvarez filed an initial ownership report listing stock options and restricted stock units tied to VTEX Class A common stock.
Rhea-AI Filing Summary
VTEX Chief Revenue Officer Santiago Naranjo Alvarez filed an initial ownership report listing stock options and restricted stock units tied to VTEX Class A common stock. This filing does not show new buy or sell transactions, but sets out his existing equity-based compensation position.
He holds stock options over 25,000 shares at an exercise price of $0.5767, another 25,000 at $0.5133, 20,000 at $2.8100, 75,000 at $8.8400, and 225,000 at $3.9100, with expirations ranging from December 2026 to October 2029. He also reports RSUs covering 75,000, 34,375, 200,000, and 91,818 shares, vesting over time in quarterly tranches as described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Naranjo Alvarez Santiago
Role
Chief Revenue 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 | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Stock Options — 370,000 contracts (Direct);
Restricted Stock Unit — 401,193 contracts (Direct)
Footnotes (12)
- F1. These stock options are fully vested.
- F2. Represents an exercise price of R$3.00, converted to U.S. dollars using the Brazilian Central Bank daily exchange rate of $1.00 to R$5,2019 as of March 17, 2026
- F3. These stock options are fully vested.
- F4. Represents an exercise price of R$2.67, converted to U.S. dollars using the Brazilian Central Bank daily exchange rate of $1.00 to R$5,2019 as of March 17, 2026
- F5. These stock options are fully vested.
- F6. These stock options are fully vested.
- F7. Represents stock options, of which 16.6% vested on October 19, 2023, and the remaining amount of which vests in tranches of 16.6% every twelve (12) months thereafter.
- F8. Represents restricted stock units ("RSUs"). 25% of which vested on February 1, 2023, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter
- F9. Each RSU represents a contingent right to receive shares of Issuer Class A common stock.
- F10. 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
- F11. Represents RSUs, 25% of which vested on May 1, 2025, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.
- F12. 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 the VTEX (VTEX) Form 3 filing show for Santiago Naranjo Alvarez?
The Form 3 shows that VTEX Chief Revenue Officer Santiago Naranjo Alvarez holds several stock option grants and restricted stock units tied to Class A common stock, establishing his existing equity position without reporting new purchases or sales.
How many VTEX stock options does the CRO report on this Form 3?
The CRO reports multiple stock option positions, including grants over 25,000 shares at $0.5767, 25,000 at $0.5133, 20,000 at $2.8100, 75,000 at $8.8400, and 225,000 at $3.9100, each with specified expiration dates between December 2026 and October 2029.
What restricted stock units (RSUs) are disclosed for the VTEX Chief Revenue Officer?
The filing discloses RSUs covering 75,000, 34,375, 200,000, and 91,818 VTEX Class A shares. Footnotes explain that 25% of certain RSU awards vest on specific initial dates, with the remaining amounts vesting in 6.25% quarterly tranches thereafter.
Does the VTEX Form 3 for Santiago Naranjo Alvarez show any stock buys or sells?
No, the Form 3 does not show stock buys or sells. It classifies all entries as holdings, with the transaction summary indicating zero buy, sell, exercise, gift, or tax-withholding transactions and a neutral net buy/sell direction.
What are the key vesting terms mentioned for VTEX stock options and RSUs on this Form 3?
Footnotes state certain stock options are fully vested, while others vest 16.6% on an initial date and 16.6% annually thereafter. RSU awards vest 25% on specified start dates, with the remaining 75% vesting in 6.25% increments every three months.
What exercise prices are attached to the VTEX CRO’s stock options in this filing?
Exercise prices disclosed include $0.5767, $0.5133, $2.8100, $8.8400, and $3.9100 per share. Some prices reflect Brazilian real amounts converted to U.S. dollars using a Brazilian Central Bank exchange rate as of March 17, 2026, according to the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
