Form 4: Scannapieco Reports VTEX Stock Transactions
Statement of Changes in Beneficial Ownership
Alejandro Raul Scannapieco, a Director at VTEX, reported transactions involving Class A Common Shares and stock options on May 22, 2026.
Summary
- Director Alejandro Raul Scannapieco of VTEX engaged in several transactions on May 22, 2026.
- These transactions included the acquisition of 15,937 Class A Common Shares at a price of $3.55 per share.
- Additionally, 15,937 Class A Common Shares were disposed of at a price of $3.59 per share.
- Following these transactions, Scannapieco beneficially owns 9,965 Class A Common Shares directly.
- The filing also notes the exercise of 15,367 stock options, which are fully vested, with an exercise price of $3.55.
- These stock options were exercised on May 22, 2026, resulting in the acquisition of 15,367 Class A Common Shares.
- The exercise of these options brings the total number of derivative securities beneficially owned to 166,633.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, reflecting standard insider transactions including both the exercise of vested options and the disposal of shares, without clear indication of significant positive or negative outlook.
Positives
- Director Alejandro Raul Scannapieco exercised fully vested stock options, indicating a potential belief in the company's value.
- The exercise of options resulted in the acquisition of 15,367 Class A Common Shares.
Negatives
- Director Alejandro Raul Scannapieco disposed of 15,937 Class A Common Shares, which could be interpreted as a reduction in direct holding.
Future Outlook
The filing indicates that stock options are fully vested and their exercise period was extended by thirty days to May 1, 2026. No other forward-looking statements or guidance are present.
Management Comments
- "These stock options are fully vested."
- "Exercise of these stock options were extended by thirty days May 1, 2026."
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The specific details of option exercises and share disposals by a director provide insight into potential insider sentiment regarding the company's stock valuation.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Exemption from Section 16 | The reporting person's transactions are exempt from Sections 16(b) and 16(c) of the Act due to the Issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b). | N/A | This exemption means that the reporting person is not subject to short-swing profit rules typically associated with insider trading. |
Stakeholder Impact
- Shareholders: The disposal of shares by a director may be observed by shareholders, though the context of option exercise and foreign private issuer status should be considered.
Key Dates
| Date | Description |
|---|---|
| 05/22/2026 | Date of earliest transaction reported and transaction date for acquisition and disposition of Class A Common Shares and exercise of stock options. |
| 05/01/2026 | Extension of exercise period for stock options by thirty days. |
| 05/27/2026 | Date of signature on the filing. |
Keywords
VTEX, Form 4, SEC Filing, Stock Options, Class A Common Shares, Director Transactions, Beneficial Ownership, Insider Trading
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