VTEX’s Sodre Ricardo converts 13,750 RSUs
VTEX (VTEX) reported insider equity activity by Chief Financial Officer Sodre Ricardo.
Rhea-AI Filing Summary
VTEX (VTEX) reported insider equity activity by Chief Financial Officer Sodre Ricardo. On 2026-08-26, a total of 13,750 Restricted Stock Units converted into an equal number of Class A common shares, in two tranches of 6,875 shares each. In connection with these vestings, 3,744 Class A shares were withheld at $4.39 per share to satisfy tax withholding obligations. The RSU grants referenced include awards vesting 25% on November 1, 2024 and November 1, 2025, with the remaining amounts vesting in 6.25% quarterly tranches thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,750 shares exercised/converted
Exercise
5 txns
Insider
Sodre Ricardo
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Restricted Stock Unit F1, F3 | 6,875 | $0.00 | $0.00 |
| Conversion | Restricted Stock Unit F1, F4 | 6,875 | $0.00 | $0.00 |
| Conversion | Class A Common Shares F1 | 6,875 | -- | -- |
| Conversion | Class A Common Shares F1 | 6,875 | -- | -- |
| Other | Class A Common Shares F2 | 3,744 | $4.39 | $16K |
Holdings After Transaction:
Restricted Stock Unit — 96,250 contracts (Direct);
Class A Common Shares — 492,140 shares (Direct)
Footnotes (4)
- F1. Each Restricted Stock Unit ("RSUs") represents a contingent right to receive shares of Issuer Class A common stock on a one-for-one basis.
- F2. Reflects shares of Class A common stock withheld to cover tax withholding obligations in connection with the vesting restricted stock units reported herein
- F3. Represents 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
- F4. 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.
Key Figures
RSUs converted: 13,750 Restricted Stock Units
RSU tranche size: 6,875 Restricted Stock Units
Shares withheld for taxes: 3,744 Class A common shares
+3 more
6 metrics
RSUs converted
13,750 Restricted Stock Units
Total RSUs converted into Class A common shares on 2026-08-26
RSU tranche size
6,875 Restricted Stock Units
Size of each of the two RSU tranches that converted on 2026-08-26
Shares withheld for taxes
3,744 Class A common shares
Shares withheld to cover tax withholding obligations related to RSU vesting
Withholding price per share
$4.39 per share
Price applied to the 3,744 withheld shares in the J-coded transaction
Initial vesting percentage
25%
Portion of each RSU grant that vests on November 1, 2024 and November 1, 2025, respectively
Subsequent vesting tranche
6.25%
Quarterly vesting rate for the remaining RSU amounts after initial 25% vesting
Key Terms
Restricted Stock Unit, foreign private issuer, Rule 3a12-3(b), Section 16(b), +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSUs") represents a contingent right to receive shares"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
foreign private issuer regulatory
"Due to the Issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Rule 3a12-3(b) regulatory
"foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act"
Section 16(b) regulatory
"transactions in the Issuer's equity securities are exempt from Sections 16(b) and 16(c)"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
tax withholding obligations financial
"Reflects shares of Class A common stock withheld to cover tax withholding obligations"
FAQ
What insider transactions did VTEX (VTEX) report for Sodre Ricardo on this Form 4?
The Form 4 reports conversion of 13,750 Restricted Stock Units into Class A common shares in two 6,875-share tranches, plus a disposition of 3,744 shares withheld at $4.39 per share to cover tax withholding obligations related to the RSU vesting.
What are the vesting terms of the VTEX (VTEX) RSU grants referenced?
One RSU grant vests 25% on November 1, 2024 with the remainder in 6.25% quarterly tranches. A second RSU grant vests 25% on November 1, 2025, with the balance also vesting in 6.25% tranches every three months thereafter.
Are VTEX (VTEX) insider transactions by Sodre Ricardo subject to Section 16(b) and 16(c)?
No. The filing notes VTEX is a foreign private issuer under Rule 3a12-3(b) of the Exchange Act, so the reporting person’s transactions in VTEX equity securities are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act of 1934.
Were Sodre Ricardo’s VTEX (VTEX) transactions made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is false, and the footnotes do not indicate a trading plan, so these reported RSU conversions and tax-related share withholdings are not affirmed as being executed under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
