Henrique Camossa Saldanha Fragelli, Chief Risk Officer of Nu Holdings Ltd., filed a Form 4 on October 27, 2026, disclosing a disposition of 13,118 Class A ordinary shares on October 23, 2026, at a price of $13.29 per share.

Key Highlights

  • Transaction: 13,118 Class A ordinary shares were disposed of (transaction code F) on October 23, 2026, at $13.29 per share.
  • Post-transaction direct holdings: Fragelli directly holds 966,328 Class A shares following the reported transaction, according to the filing.
  • RSU component: The 966,328 directly held shares include 905,738 Class A shares underlying unvested Restricted Share Units associated with prior grants, each representing a contingent right to receive one Class A share.
  • Indirect holdings: An additional 3,450,000 Class A shares are held indirectly through HFRN Investments Inc., though the filing notes Fragelli disclaims beneficial ownership except to the extent of his pecuniary interest.
  • Reporting person role: Fragelli is identified in the filing as Chief Risk Officer of Nu Holdings Ltd. (NYSE:NU).

Fragelli's October 2026 Share Disposition at Nu Holdings

According to the Form 4 filed with the SEC, Henrique Camossa Saldanha Fragelli, serving as Chief Risk Officer of Nu Holdings Ltd. (NYSE:NU), disposed of 13,118 Class A ordinary shares on October 23, 2026, at a price of $13.29 per share. The transaction was coded "F," which the SEC uses to designate shares withheld to cover tax obligations in connection with the vesting of equity awards. The filing was signed by Beatriz Outeiro as attorney-in-fact for Fragelli and submitted on October 27, 2026.

Following this transaction, the filing reports Fragelli directly owns 966,328 Class A shares. The filing notes that 905,738 of those shares underlie unvested Restricted Share Units from prior grants, with each RSU representing a contingent right to receive one Class A share, subject to the reporting person's continued service through the applicable vesting date. The remaining directly held shares are not identified as RSU-linked by the filing.

In addition to his direct holdings, the filing discloses that 3,450,000 Class A shares are held indirectly through HFRN Investments Inc. The filing states that Fragelli "disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein." No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing disclosed a single tax-withholding disposition of 13,118 Class A shares by Nu Holdings' Chief Risk Officer on October 23, 2026, leaving him with 966,328 directly held shares and 3,450,000 indirectly held shares through HFRN Investments Inc.