A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 8 filings in this group are Form 4s for PagSeguro Digital Ltd.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 8 insider filings shown, the breakdown is 7 open-market sale and 1 open-market purchase. 8 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-10-21
PAGS insider Magnani Alexandre Mr (Director) sold 63,309 shares (~$709.5K)
Magnani Alexandre Mr, listed as Director at PagSeguro Digital Ltd., reported an open-market sale of 63,309 PAGS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
16,209 |
$11.18 |
$181.3K |
S |
Open-market sale
|
47,100 |
$11.22 |
$528.3K |
Filing: Form 4 (Insider Transaction)
Insider: Magnani Alexandre Mr (Director)
Shares: 63,309
Est. Value: $709.5K
Form 4
Open-market sale
Insider Selling
2026-10-20
PAGS insider Magnani Alexandre Mr (Director) sold 1,014 shares (~$11.3K)
Magnani Alexandre Mr, listed as Director at PagSeguro Digital Ltd., reported an open-market sale of 1,014 PAGS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,014 |
$11.18 |
$11.3K |
Filing: Form 4 (Insider Transaction)
Insider: Magnani Alexandre Mr (Director)
Shares: 1,014
Est. Value: $11.3K
Form 4
Open-market sale
Insider Selling
2026-10-13
PAGS insider Magnani Alexandre Mr (Director) sold 335,677 shares (~$3.68M)
Magnani Alexandre Mr, listed as Director at PagSeguro Digital Ltd., reported an open-market sale of 335,677 PAGS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
300,000 |
$10.95 |
$3.29M |
S |
Open-market sale
|
35,677 |
$11.20 |
$399.6K |
Filing: Form 4 (Insider Transaction)
Insider: Magnani Alexandre Mr (Director)
Shares: 335,677
Est. Value: $3.68M
Form 4
Open-market sale
Insider Selling
2026-10-09
PAGS insider Magnani Alexandre Mr (Director) sold 100,000 shares (~$1.06M)
Magnani Alexandre Mr, listed as Director at PagSeguro Digital Ltd., reported an open-market sale of 100,000 PAGS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
100,000 |
$10.60 |
$1.06M |
Filing: Form 4 (Insider Transaction)
Insider: Magnani Alexandre Mr (Director)
Shares: 100,000
Est. Value: $1.06M
Form 4
Open-market sale
Insider Selling
2026-07-23
PAGS insider Dutra da Silva Ricardo (Principal Executive Officer) sold 50,000 shares (~$462.8K)
Dutra da Silva Ricardo, listed as Principal Executive Officer at PagSeguro Digital Ltd., reported an open-market sale of 50,000 PAGS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
25,000 |
$9.24 |
$231.0K |
S |
Open-market sale
|
25,000 |
$9.27 |
$231.8K |
Filing: Form 4 (Insider Transaction)
Insider: Dutra da Silva Ricardo (Principal Executive Officer)
Shares: 50,000
Est. Value: $462.8K
Form 4
Open-market sale
Insider Selling
2026-07-16
PAGS insider Dutra da Silva Ricardo (Principal Executive Officer) sold 74,160 shares (~$683.3K)
Dutra da Silva Ricardo, listed as Principal Executive Officer at PagSeguro Digital Ltd., reported an open-market sale of 74,160 PAGS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
25,000 |
$9.25 |
$231.2K |
S |
Open-market sale
|
24,160 |
$9.22 |
$222.8K |
S |
Open-market sale
|
25,000 |
$9.17 |
$229.2K |
Filing: Form 4 (Insider Transaction)
Insider: Dutra da Silva Ricardo (Principal Executive Officer)
Shares: 74,160
Est. Value: $683.3K
Form 4
Open-market sale
Insider Selling
2026-04-21
PAGS insider Magnani Alexandre Mr (Director) sold 200,000 shares (~$2.25M)
Magnani Alexandre Mr, listed as Director at PagSeguro Digital Ltd., reported an open-market sale of 200,000 PAGS shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
200,000 |
$11.26 |
$2.25M |
Filing: Form 4 (Insider Transaction)
Insider: Magnani Alexandre Mr (Director)
Shares: 200,000
Est. Value: $2.25M
Form 4
Open-market purchase
Insider Buying
2026-03-31
PAGS insider Frias Luis (Director) bought 498,500 shares (~$4.97M)
Frias Luis, listed as Director at PagSeguro Digital Ltd., reported an open-market purchase of 498,500 PAGS shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
249,250 |
$9.99 |
$2.49M |
P |
Open-market purchase
|
249,250 |
$9.94 |
$2.48M |
Filing: Form 4 (Insider Transaction)
Insider: Frias Luis (Director)
Shares: 498,500
Est. Value: $4.97M