VTEX director entity gains 2,028 shares via RSU conversion
VTEX director-associated entity acquires Class A shares through RSU conversions.
Rhea-AI Filing Summary
VTEX director-associated entity acquires Class A shares through RSU conversions. On April 1, 2026, restricted stock units for 971 and 1,057 shares converted into an equal number of VTEX Class A Common Shares at $0.00 per share, as equity compensation rather than open-market purchases.
The RSUs deliver VTEX Class A stock on a one-for-one basis and are held by Francisco Alvarez-Demalde for the benefit of Riverwood Capital GP II Ltd. and affiliates. He is obligated to transfer the underlying shares or any sale proceeds as directed by Riverwood and disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,028 shares exercised/converted
Exercise
4 txns
Insider
Alvarez-Demalde Francisco
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Restricted Stock Unit | 971 | $0.00 | $0.00 |
| Conversion | Restricted Stock Unit | 1,057 | $0.00 | $0.00 |
| Conversion | Class A Common Shares | 971 | $0.00 | $0.00 |
| Conversion | Class A Common Shares | 1,057 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 14,378 contracts (Direct);
Class A Common Shares — 9,965 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. These securities are held by Mr. Alvarez-Demalde for the benefit of Riverwood Capital GP II Ltd. and/or certain of its affiliates (collectively, "Riverwood"). Mr. Alvarez-Demalde is obligated to transfer the underlying shares upon settlement or any proceeds from the sale thereof as directed by Riverwood. Mr. Alvarez-Demalde disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities by Mr. Alvarez-Demalde for purposes of Section 16 or any other purposes.
- F3. Represents RSUs. 8.33% of which vested on October 1, 2024, and the remaining amount of which vests in tranches of 8.33% every three (3) months thereafter
- F4. Represents RSUs. 8.33% of which vested on October 1, 2025, and the remaining amount of which vests in tranches of 8.33% every three (3) months thereafter
Key Figures
RSU conversion 1: 971 shares
RSU conversion 2: 1,057 shares
Total RSUs converted: 2,028 shares
+2 more
5 metrics
RSU conversion 1
971 shares
Restricted Stock Units converting to Class A Common Shares on April 1, 2026
RSU conversion 2
1,057 shares
Restricted Stock Units converting to Class A Common Shares on April 1, 2026
Total RSUs converted
2,028 shares
Aggregate RSU-derived Class A shares acquired via derivative conversions
Post-transaction holdings
9,965 shares
Class A Common Shares reported as directly held after conversions
Conversion price
$0.00 per share
Price per share for RSU-to-Class A Common Share conversions
Key Terms
Restricted Stock Unit, Class A common stock, pecuniary interest, beneficial ownership, +2 more
6 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.
Class A common stock financial
"contingent right to receive shares of Issuer Class A common stock on a one-for-one basis"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein"
beneficial ownership financial
"shall not be deemed an admission of beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for purposes of Section 16 or any other purposes"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
vests in tranches financial
"the remaining amount of which vests in tranches of 8.33% every three (3) months thereafter"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did VTEX (VTEX) report for Francisco Alvarez-Demalde?
VTEX reported that restricted stock units linked to Francisco Alvarez-Demalde converted into Class A Common Shares. Two RSU blocks, for 971 and 1,057 units, became an equal number of shares at $0.00 per share as part of equity compensation, not open-market buying.
Were the VTEX (VTEX) RSU conversions open-market purchases or sales?
The VTEX transactions were not open-market purchases or sales. They were coded as “C,” meaning conversions of derivative securities, where restricted stock units automatically delivered Class A Common Shares at $0.00 per share under existing equity award terms.
How do the VTEX (VTEX) RSUs for Alvarez-Demalde vest over time?
The VTEX RSUs vest in equal quarterly tranches. One grant vests 8.33% on October 1, 2024, with 8.33% every three months afterwards. Another grant follows the same 8.33% pattern starting October 1, 2025, subject to ongoing service and plan terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
