VTEX Chief Revenue Officer Santiago Naranjo Alvarez filed a Form 4 on November 5, 2026, disclosing the acquisition of 100,000 Restricted Stock Units in Class A Common Shares with a transaction date of November 3, 2026.

Key Highlights

  • Reporting person: Santiago Naranjo Alvarez, Chief Revenue Officer of VTEX (NYSE:VTEX)
  • Transaction: Acquisition (Code A) of 100,000 Restricted Stock Units on November 3, 2026
  • Security: Each RSU represents a contingent right to receive one Class A Common Share on a one-for-one basis
  • Price: $0 per RSU, as reported in the filing
  • Vesting schedule: 25% vests on November 1, 2027; the remaining amount vests in tranches of 6.25% every three months thereafter
  • Beneficial ownership following transaction: 100,000 RSUs held directly
  • Exemption noted: The filing states that, due to VTEX's status as a foreign private issuer under Rule 3a12-3(b), the reporting person's transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act of 1934

VTEX Chief Revenue Officer Discloses 100,000 RSU Grant on November 3, 2026

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Santiago Naranjo Alvarez, serving as Chief Revenue Officer of VTEX (NYSE:VTEX), reported the acquisition of 100,000 Restricted Stock Units on November 3, 2026. The filing records the transaction under Table II - Derivative Securities and assigns it transaction code "A," indicating an acquisition. The price of the derivative security is listed as $0.

The filing states that each RSU "represents a contingent right to receive shares of Issuer Class A common stock on a one-for-one basis." The vesting terms, as described in the filing's explanatory footnotes, provide that 25% of the RSUs vest on November 1, 2027, with the remaining portion vesting in tranches of 6.25% every three months thereafter. Following the reported transaction, the filing indicates Naranjo Alvarez directly holds 100,000 RSUs and no prior holdings in Table I non-derivative securities are reported.

The filing further notes that because VTEX holds foreign private issuer status under Rule 3a12-3(b) of the Securities Exchange Act of 1934, the reporting person's equity transactions in the issuer's securities are exempt from Sections 16(b) and 16(c) of that Act. The Form 4 was signed by Santiago Naranjo Alvarez and dated November 5, 2026.

What Was Disclosed

VTEX Chief Revenue Officer Santiago Naranjo Alvarez disclosed the acquisition of 100,000 RSUs in Class A Common Shares at $0 on November 3, 2026, with a vesting schedule beginning November 1, 2027, in a Form 4 filed November 5, 2026.