VTEX (VTEX) director exercises stock options and sells 15,937 Class A shares

Rhea-AI Filing Summary

VTEX director Alejandro Raul Scannapieco reported an exercise-and-sell transaction involving Class A Common Shares. On May 22, 2026, he exercised 15,367 Stock Options at an exercise price of $3.55 per share, resulting in the acquisition of 15,937 Class A Common Shares at $3.55 per share, and then sold 15,937 Class A Common Shares at $3.59 per share in a sale described as an open market or private transaction. After these transactions, he directly holds 9,965 Class A Common Shares and retains 166,633 Stock Options. A footnote states these options are fully vested and that their exercise period was extended by thirty days as of May 1, 2026, and the filing indicates the transactions were not made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Scannapieco Alejandro Raul

Role Director

Sold 15,937 shs ($57K)

Approx. gross sale proceeds $57K

Approx. exercise cost $55K

Type	Security	Shares	Price	Value
In-the-Money Exercise	Stock Options	15,367	$0.00	$0.00
In-the-Money Exercise	Class A Common Shares	15,937	$3.55	$57K
Sale	Class A Common Shares	15,937	$3.59	$57K

Holdings After Transaction: Stock Options — 166,633 shares (Direct); Class A Common Shares — 9,965 shares (Direct)

Footnotes (1)

1. F1. These stock options are fully vested. Exercise of these stock options were extended by thirty days May 1, 2026.

Key Figures

Stock Options Exercised: 15,367 Shares Acquired from Exercise: 15,937 Class A Common Shares Shares Sold: 15,937 Class A Common Shares +4 more

7 metrics

Stock Options Exercised 15,367 Stock Options exercised on May 22, 2026 at an exercise price of $3.55 per share

Shares Acquired from Exercise 15,937 Class A Common Shares Class A Common Shares acquired at $3.55 per share on May 22, 2026 via option exercise

Shares Sold 15,937 Class A Common Shares Class A Common Shares sold at $3.59 per share on May 22, 2026 in an open market or private transaction

Post-transaction Share Holding 9,965 Class A Common Shares Direct Class A Common Shares held after the reported transactions

Stock Options Remaining 166,633 Stock Options Stock Options remaining following the exercise of 15,367 Stock Options

Option Exercise Price $3.55 per share Exercise price for the Stock Options exercised on May 22, 2026

Sale Price $3.59 per share Sale price for 15,937 Class A Common Shares sold on May 22, 2026

Key Terms

in-the-money derivative exercise, Stock Options, Class A Common Shares, open market or private transaction

4 terms

in-the-money derivative exercise financial

"transaction_action: in-the-money derivative exercise"

Stock Options financial

"These Stock Options are fully vested"

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

Class A Common Shares financial

"underlying_security_title: Class A Common Shares"

A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).

open market or private transaction financial

"transaction_code_description: Sale in open market or private transaction"

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/27/2026 - 11:49 AM Learn about SEC filing dates

FAQ

What insider transactions did VTEX (VTEX) director Alejandro Scannapieco report?

Alejandro Scannapieco reported an exercise-and-sell sequence on May 22, 2026, exercising 15,367 Stock Options at $3.55, acquiring 15,937 Class A shares at $3.55, and selling 15,937 shares at $3.59 in an open market or private transaction.

How many VTEX (VTEX) shares does Alejandro Scannapieco hold after this Form 4?

Following the reported transactions, Alejandro Scannapieco directly holds 9,965 Class A Common Shares of VTEX. This post-transaction holding comes after exercising Stock Options and selling 15,937 shares on May 22, 2026, as disclosed in the Form 4 data.

What stock options activity did VTEX (VTEX) disclose for Alejandro Scannapieco?

The filing shows he exercised 15,367 Stock Options at an exercise price of $3.55 per share and retains 166,633 Stock Options afterward. A footnote adds these options are fully vested and that their exercise period was extended by thirty days as of May 1, 2026.

At what prices were VTEX (VTEX) shares acquired and sold in this Form 4?

Class A Common Shares were acquired at $3.55 per share and sold at $3.59 per share on May 22, 2026. The acquisition reflects shares issued from option exercise, while the sale is described as an open market or private transaction.

Were VTEX (VTEX) insider transactions made under a Rule 10b5-1 plan?

No. The Form 4 data indicate the Rule 10b5-1 checkbox is not affirmed, meaning these transactions were not reported as being made pursuant to a Rule 10b5-1 trading plan, based on the structured filing information provided.

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^*

Scannapieco Alejandro Raul

(Last) (First) (Middle)

4TH FLOOR, HARBOUR PLACE

103 SOUTH CHURCH STREET

(Street)

GRAND CAYMAN CAYMAN ISLANDS KYI-1002

(City) (State) (Zip)

CAYMAN ISLANDS

(Country)

2. Issuer Name and Ticker or Trading Symbol
VTEX [ NYSE: VTEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

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	05/22/2026		X		15,937	A	$3.55	25,902	D
Class A Common Shares	05/22/2026		S		15,937	D	$3.59	9,965	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
Stock Options	$3.55	05/22/2026		X			15,367	(1)	(1)	Class A Common Shares	15,367	$0	166,633	D

Explanation of Responses:

1. These stock options are fully vested. Exercise of these stock options were extended by thirty days May 1, 2026.

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/ Alejandro Raul Scannapieco	05/27/2026
	** 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)