Bruno Sousa Mauad, a director of Aura Minerals Inc. (NASDAQ:AUGO), filed a Form 4 with the SEC disclosing multiple transactions in common shares and Brazilian Depositary Receipts on September 17, 2026, all held indirectly through Kapitalo Investimentos.

Key Highlights

  • Reporting Person: Bruno Sousa Mauad, identified as a director of Aura Minerals Inc.
  • Sales of Common Shares: The filing discloses disposals of 33,159 shares at a weighted average of $91.7453, 40,566 shares at a weighted average of $92.9251, and 200 shares at $93.41, all on September 17, 2026.
  • Conversions to Common Shares: A total of 51,532 common shares were acquired via conversion transactions (codes "C") on September 17, 2026, funded by sales of an equivalent number of BDRs.
  • BDR Activity: Brazilian Depositary Receipts were sold and converted; the filing notes three BDRs represent one common share of the issuer.
  • Resulting Ownership: Following all reported transactions, the beneficial ownership of common shares held indirectly through Kapitalo Investimentos stood at 64,441 shares, according to the filing.
  • BDR Balance: The filing reports 12,999,310 BDRs held indirectly through Kapitalo Investimentos following the final reported BDR transaction.

Director's September 17 Transactions in Aura Minerals Shares and BDRs

According to the Form 4 filed by Bruno Sousa Mauad, a director of Aura Minerals Inc., all reported transactions occurred on September 17, 2026, and involved securities held indirectly through Kapitalo Investimentos. The filing covers both common shares listed on NASDAQ:AUGO and Brazilian Depositary Receipts traded in Brazil. Aura Minerals is a gold and copper mining company; its technical services operations are addressed through Aura Technical Services Inc., listed as the reporting person's care-of address in Coconut Grove, Florida.

Table I of the filing shows three disposals of common shares: 33,159 shares at a weighted average price of $91.7453 (ranging from $91.50 to $92.44), 40,566 shares at a weighted average of $92.9251 (ranging from $92.46 to $93.39), and 200 shares at $93.41. Also in Table I, five conversion transactions (transaction code "C") resulted in the acquisition of 30,000 shares at a weighted average of $88.0343, 17,200 shares at $88.7283, 2,800 shares at $89.7398, 1,332 shares at $91.1625, and 400 shares at $91.7798, plus 600 shares at $92.8. The filing states that the source of funds for each conversion was the sale of an equivalent number of BDRs, described as "effectively converting the interest in BDRs to an equivalent interest in common shares."

Table II of the filing covers the BDR side of the activity. Sales of 29 BDRs at a weighted average of $29.4158 and 606 BDRs at $31.0617 were reported, along with conversion disposals of 150,961 BDRs at $29.3762, 4,035 BDRs at $30.5391, and 2,000 BDRs at $31.0359. BDR prices in footnotes 4 and 5 were converted from Brazilian reais using the Banco Central do Brasil's rate as of September 17, 2026. The filing confirms three BDRs represent one common share of the issuer.

What Was Disclosed

The Form 4 discloses that director Bruno Sousa Mauad, through Kapitalo Investimentos, sold common shares, acquired common shares via BDR conversions, and reduced BDR holdings, all on September 17, 2026, with resulting indirect beneficial ownership of 64,441 common shares and 12,999,310 BDRs.