Director at VTEX (NYSE: VTEX) gains 2,028 Class A shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

VTEX director Alejandro Raul Scannapieco acquired additional equity through RSU conversions. On April 1, 2026, he converted Restricted Stock Units into 2,028 Class A common shares at a $0.00 conversion price, bringing his direct holdings to 9,965 Class A shares.

Footnotes explain that each RSU converts into one Class A share and that the RSU grants vest in 8.33% quarterly tranches beginning on October 1, 2024 and October 1, 2025, creating a steady schedule of potential future share deliveries tied to continued service.

Insider Trade Summary

2,028 shares exercised/converted

Mixed 4 txns

Insider Scannapieco Alejandro Raul

Role Director

Type	Security	Shares	Price	Value
Conversion	Restricted Stock Unit	971	$0.00	--
Conversion	Restricted Stock Unit	1,057	$0.00	--
Conversion	Class A Common Shares	971	$0.00	--
Conversion	Class A Common Shares	1,057	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 4,858 shares (Direct); Class A Common Shares — 8,908 shares (Direct)

Footnotes (1)

Each Restricted Stock Unit ("RSUs") represents a contingent right to receive shares of Issuer Class A common stock on a one-for-one basis. 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 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 shares converted: 2,028 shares Holdings after transaction: 9,965 shares Conversion price: $0.00 per share +2 more

5 metrics

RSU shares converted 2,028 shares Restricted Stock Units converted into Class A common shares on April 1, 2026

Holdings after transaction 9,965 shares Direct VTEX Class A common shares held after April 1, 2026 conversions

Conversion price $0.00 per share Price at which RSUs converted into Class A common shares

Initial RSU vesting date October 1, 2024 8.33% of an RSU grant vests on this date, with quarterly tranches thereafter

Second RSU vesting date October 1, 2025 8.33% of another RSU grant vests on this date, then quarterly

Key Terms

Restricted Stock Unit, Conversion of derivative security, Class A common stock, vests in tranches of 8.33%

4 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.

Conversion of derivative security financial

"transaction_code_description": "Conversion of derivative security""

Class A common stock financial

"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.

vests in tranches of 8.33% financial

"the remaining amount of which vests in tranches of 8.33% every three (3) months"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 07:13 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Scannapieco Alejandro Raul

(Last)

(First)

(Middle)

4TH FLOOR, HARBOUR PLACE

103 SOUTH CHURCH STREET

(Street)

GRAND CAYMAN

CAYMAN ISLANDS

KYI-1002

(City)

(State)

(Zip)

CAYMAN ISLANDS

(Country)

2. Issuer Name and Ticker or Trading Symbol
VTEX [ NYSE: VTEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Shares	04/01/2026		C		971	A	⁽¹⁾⁽²⁾	8,908	D
Class A Common Shares	04/01/2026		C		1,057	A	⁽¹⁾⁽³⁾	9,965	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	04/01/2026		C			971	⁽²⁾	⁽²⁾	Class A Common Shares	971	⁽¹⁾	4,858	D
Restricted Stock Unit	⁽¹⁾	04/01/2026		C			1,057	⁽³⁾	⁽³⁾	Class A Common Shares	1,057	⁽¹⁾	9,520	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSUs") represents a contingent right to receive shares of Issuer Class A common stock on a one-for-one basis.

2. 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

3. 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

Remarks:

Due to the Issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the Issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.

	/s/ Alejandro Raul Scannapieco	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did VTEX director Alejandro Raul Scannapieco report on this Form 4 for VTEX?

Alejandro Raul Scannapieco reported acquiring VTEX Class A shares through Restricted Stock Unit conversions. On April 1, 2026, RSUs converted into 2,028 Class A common shares at a $0.00 conversion price, increasing his direct equity stake as part of his compensation package.

How many VTEX shares does Alejandro Raul Scannapieco hold after the April 1, 2026 RSU conversions?

After the April 1, 2026 RSU conversions, Alejandro Raul Scannapieco directly holds 9,965 VTEX Class A common shares. This reflects the addition of 2,028 shares delivered from vested RSUs, with no open-market purchases or sales reported in this filing.

What is the nature of the securities involved in Alejandro Raul Scannapieco’s VTEX Form 4 filing?

The filing involves Restricted Stock Units that convert into VTEX Class A common shares on a one-for-one basis. These RSUs represent equity-based compensation, delivering shares at a $0.00 conversion price when vesting conditions tied to service are satisfied over time.

What do the VTEX RSU vesting footnotes for Alejandro Raul Scannapieco say about his grant schedule?

The footnotes state that the RSU grants vest 8.33% on October 1, 2024 and October 1, 2025, with remaining amounts vesting in 8.33% tranches every three months thereafter. This quarterly vesting pattern gradually delivers additional VTEX Class A shares as service continues.

Did Alejandro Raul Scannapieco buy or sell VTEX shares on the market in this Form 4?

The Form 4 does not show any open-market buying or selling of VTEX shares. Instead, it records derivative conversions where Restricted Stock Units were converted into 2,028 VTEX Class A common shares at a $0.00 price as part of his equity compensation.

What transaction code is used in Alejandro Raul Scannapieco’s VTEX Form 4, and what does it mean?

The Form 4 uses transaction code C, described as a conversion of derivative security. In this context, it means Restricted Stock Units were converted into VTEX Class A common shares, reflecting equity compensation delivery rather than a traditional market purchase or sale.