Magnani Alexandre Mr has sold 1,014 shares of PagSeguro Digital Ltd. on October 16, 2026. This transaction is significant as it showcases the ongoing activity of a key director within the company.

Background

PagSeguro Digital Ltd. operates in the digital payment services sector. The company is known for providing a range of services related to electronic payments. It is incorporated in the Cayman Islands and trades under the symbol PAGS.

What the Filing Says

According to the recent filing, "the shares were sold in multiple transactions at prices ranging from $11.18 to $11.19, inclusive." Following this transaction, Magnani retains ownership of 170,699 shares.

Impact

This sale may affect investor sentiment regarding PagSeguro, as it involves a director's decision to dispose of shares. The filing indicates that Magnani is a director but not an officer or a ten percent owner.

What's Next

The filing does not say what happens next.

Transaction Details

The shares sold by Magnani were Class A Common Shares of PagSeguro Digital Ltd. The transaction was coded as 'S' indicating a sale, and it was executed on October 16, 2026. The total number of shares sold was 1,014, with a weighted average price of $11.182 per share. The filing notes that the shares were sold in multiple transactions at prices ranging from $11.18 to $11.19.

Ownership After Transaction

Following the sale, Magnani retains a significant ownership stake in the company, holding a total of 170,699 shares. This indicates that despite the sale, he continues to have a substantial interest in PagSeguro Digital Ltd.

Director's Role

The filing confirms that Magnani is a director of PagSeguro Digital Ltd., but he is not an officer or a ten percent owner of the company. His role as a director is crucial as it involves oversight and strategic decision-making within the organization.

Filing Context

This Form 4 filing was submitted in accordance with the SEC regulations, specifically under the 1934 Act, and was filed as of October 20, 2026. It reflects the ongoing compliance and transparency expected from directors and officers in publicly traded companies.

Geographical Information

Magnani's address is listed as Rua Curitiba, 381 AP 121, Sao Paulo, Brazil, indicating his non-US residency. This may have implications for how he manages his investments and tax obligations related to his holdings in PagSeguro.