Nu Holdings Ltd. Chairman and CEO David Velez Osorno filed a Form 4 on October 27, 2026, disclosing a disposition of 45,690 Class A ordinary shares on October 23, 2026, at a price of $13.29 per share.

Key Highlights

  • Transaction type: 45,690 Class A ordinary shares were disposed of (transaction code F) on October 23, 2026, at $13.29 per share.
  • Direct ownership following transaction: Velez Osorno directly holds 19,691,424 Class A shares after the reported transaction.
  • Restricted shares included: According to the filing, 16,297,049 of those directly held shares are unvested Restricted Class A Shares granted under the Nu Holdings Ltd. 2020 Omnibus Incentive Plan, vesting through January 1, 2036.
  • Indirect ownership: An additional 698,914 Class A shares are held indirectly through Rua California Ltd., with the reporting person disclaiming beneficial ownership except to the extent of his pecuniary interest.
  • Roles: The filing identifies Velez Osorno as Director, 10% Owner, and Officer with the title Chairman and CEO of Nu Holdings Ltd. (NYSE:NU).

Velez Osorno's October 2026 Share Disposition and Beneficial Ownership at Nu Holdings

According to the Form 4 filed with the SEC on October 27, 2026, David Velez Osorno, Chairman and CEO of Nu Holdings Ltd. (NYSE:NU), reported a single non-derivative transaction dated October 23, 2026. The transaction code recorded is "F," which under SEC Form 4 conventions denotes a disposition to the issuer for tax withholding purposes on the vesting or exercise of an equity award. The filing states 45,690 Class A ordinary shares were disposed of at $13.29 per share.

Following the transaction, the filing discloses that Velez Osorno directly owns 19,691,424 Class A shares. The filing notes in its explanatory footnote that 16,297,049 of those shares are unvested Restricted Class A Shares issued under the Nu Holdings Ltd. 2020 Omnibus Incentive Plan, as amended. Those restricted shares were described as registered in the reporting person's name on the grant date and subject to vesting through January 1, 2036, contingent on continued service through applicable vesting dates.

In addition to the direct holdings, the filing reports 698,914 Class A shares held indirectly through an entity called Rua California Ltd. The filing includes a footnote stating that "the reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein." The Form 4 was signed by Beatriz Outeiro as attorney-in-fact for David Velez Osorno and dated October 27, 2026.

What Was Disclosed

The filing disclosed a disposition of 45,690 Class A ordinary shares at $13.29 per share by Nu Holdings' Chairman and CEO on October 23, 2026, with resulting direct beneficial ownership of 19,691,424 shares, including 16,297,049 unvested restricted shares.