Bruno Sousa Mauad, a director of Aura Minerals Inc. (NASDAQ:AUGO), filed a Form 4 on August 26, 2026, disclosing a series of transactions in common shares and Brazilian Depository Receipts dated August 24, 2026, conducted indirectly through Kapitalo Investimentos.

Key Highlights

  • Common shares disposed: 120,757 common shares were sold on August 24, 2026, at $88.45 per share, indirectly through Kapitalo Investimentos.
  • Common shares acquired: 90,000 common shares were acquired on August 24, 2026, at $87.18 per share via conversion of Brazilian Depository Receipts (BDRs) into common shares.
  • Post-transaction indirect ownership: Following the reported transactions, Mauad held 165,356 common shares indirectly through Kapitalo Investimentos.
  • BDRs converted: 270,000 BDRs were disposed of through exchange into 90,000 common shares; three BDRs represent one common share of the issuer.
  • BDRs sold: 4,587 BDRs were sold at a weighted average price of $29.65, with individual transactions ranging from $29.61 to $29.68.
  • BDR beneficial ownership: Following all reported transactions, Mauad held 14,098,199 BDRs indirectly through Kapitalo Investimentos.

Aura Minerals Director Discloses BDR Conversions and Share Sales via Kapitalo Investimentos

According to the filing, Bruno Sousa Mauad, identified as a director of Aura Minerals Inc., reported two categories of activity on August 24, 2026. In Table I, covering non-derivative securities, the filing discloses a sale of 120,757 common shares at $88.45 per share and an acquisition of 90,000 common shares at $87.18 per share. The acquisition is described as resulting from the exchange of BDRs into common shares. Both transactions were conducted indirectly through Kapitalo Investimentos, leaving Mauad with 165,356 common shares indirectly held following the reported activity.

In Table II, covering derivative securities, the filing reports that 270,000 BDRs were disposed of on August 24, 2026, through conversion into 90,000 common shares, at a price of $29.03 per BDR - a weighted average representing transactions all executed at that single price. The filing also discloses a separate sale of 4,587 BDRs at a weighted average price of $29.65, with individual transactions ranging from $29.61 to $29.68. The filing notes that the weighted average prices were originally denominated in Brazilian reais (R$149.54 and R$152.71 per BDR, respectively) and converted to U.S. dollars using the Banco Central do Brasil's conversion rate as of August 24, 2026.

The filing further states that Mauad "disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein." The reporting person has undertaken to provide full transaction-level detail at each separate price upon request from the issuer, any security holder, or the SEC staff.

What Was Disclosed

The Form 4 discloses a director's indirect transactions in Aura Minerals common shares and BDRs on August 24, 2026, including a conversion of BDRs into shares, a sale of common shares, and a separate sale of BDRs, all conducted through Kapitalo Investimentos.