[Form 3/A] XP Inc. Amended Initial Statement of Beneficial Ownership
XP Inc. director Guilherme Dias Fernandes Benchimol filed an amended ownership report that updates his reported share holdings.
Sentiment and the balance of points
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Rhea-AI Filing Summary
XP Inc. director Guilherme Dias Fernandes Benchimol filed an amended ownership report that updates his reported share holdings. The amendment shows indirect ownership of 101,752,469 Class B common shares through XP Control LLC, which are convertible into the same number of Class A common shares. It also reports direct ownership of 30,000 Class A common shares held in the form of Brazilian Depository Receipts. The filing notes that XP Control LLC is controlled by Benchimol and that he disclaims beneficial ownership of the Class B shares except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Common Shares | -- | -- | -- |
| holding | Class A Common Shares | -- | -- | -- |
Footnotes (3)
- F1. Reflects Class A common shares held in the form of Brazilian Depository Receipts.
- F2. The Class B common shares are convertible into Class A common shares in any of the manners set out in the Issuer's Memorandum and Articles of Association, including that each Class B common share will convert automatically into one Class A common share if, at any time, the total number of votes of the issued and outstanding Class B common shares represents less than 10% of the voting share rights of the Issuer.
- F3. The Class B common shares are held by XP Control LLC ("XP Control"), of which Mr. Benchimol is the controlling unitholder. XP Control holds a repurchase right over certain interests that, if exercised, would result in the delivery of Class B common shares to the holders of such interests. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
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