Director Alexandre Magnani of PagSeguro Digital Ltd. filed a Form 4 on October 26, 2026, disclosing the sale of a combined 50,000 Class A Common Shares of the company across two trading days, October 22 and October 23, 2026.

Key Highlights

  • Reporting person: Alexandre Magnani, identified in the filing as a Director of PagSeguro Digital Ltd. (NYSE:PAGS)
  • First transaction: 22,706 Class A Common Shares sold on October 22, 2026, at a price of $11.30 per share
  • Second transaction: 27,294 Class A Common Shares sold on October 23, 2026, at a weighted average price of $11.429 per share, in multiple transactions ranging from $11.415 to $11.44
  • Total shares sold: 50,000 Class A Common Shares disposed of across both transactions
  • Post-transaction ownership: 57,390 Class A Common Shares held directly following the reported transactions
  • All transactions coded "S": Both disposals are reported under transaction code S, indicating open-market sales

PagSeguro Digital Director Reports Two-Day Share Sale in Late October

According to the filing, Alexandre Magnani, a Director at PagSeguro Digital Ltd., sold Class A Common Shares of the Brazilian-headquartered fintech company on two consecutive trading days. On October 22, 2026, the filing discloses that Magnani disposed of 22,706 shares at a price of $11.30 each, reducing his directly held position from an implied 107,390 shares to 84,684 shares. Both sales were reported as direct ownership under transaction code S.

The second sale, on October 23, 2026, involved 27,294 Class A Common Shares at a weighted average price of $11.429. The filing notes that these shares "were sold in multiple transactions at prices ranging from $11.415 to $11.44, inclusive." Following this second transaction, Magnani's directly held beneficial ownership stood at 57,390 Class A Common Shares, according to the disclosure. PagSeguro Digital Ltd. is listed on the New York Stock Exchange under the ticker symbol PAGS, and the company's registered address for Magnani is listed as Av. Brigadeiro Faria Lima, 1384, 11th Floor, Sao Paulo, Brazil.

The Form 4 was signed by Alexandre Magnani and filed with the SEC on October 26, 2026, with October 22, 2026 listed as the date of the earliest reported transaction. No derivative securities were reported in Table II of the filing. The filing does not indicate that the transactions were made pursuant to a Rule 10b5-1(c) trading plan, as the corresponding checkbox on the form was not checked.

What Was Disclosed

The filing covers two open-market sales of PagSeguro Digital Ltd. Class A Common Shares by Director Alexandre Magnani on October 22 and October 23, 2026, totaling 50,000 shares, with 57,390 shares remaining in his direct beneficial ownership afterward.