Ricardo Sodre, Chief Financial Officer of VTEX (NYSE:VTEX), filed a Form 4 on November 5, 2026, disclosing the acquisition of 173,368 Restricted Stock Units and 173,368 stock options on November 3, 2026.

Key Highlights

  • Reporting person: Ricardo Sodre, Chief Financial Officer of VTEX
  • RSU grant: 173,368 Restricted Stock Units acquired on November 3, 2026, at a price of $0, each representing a contingent right to receive one Class A Common Share
  • Stock option grant: 173,368 stock options acquired on November 3, 2026, at an exercise price of $3.97, expiring November 1, 2031
  • Vesting schedule: Both awards vest 25% on November 1, 2027, with the remainder vesting in 6.25% tranches every three months thereafter
  • Post-transaction holdings: 173,368 RSUs and 173,368 stock options held directly following the reported transactions
  • Foreign private issuer exemption: The filing notes that transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act of 1934 due to VTEX's status as a foreign private issuer under Rule 3a12-3(b)

VTEX CFO Ricardo Sodre's November 2026 Equity Award Details

According to the Form 4 filed with the SEC on November 5, 2026, Ricardo Sodre, serving as Chief Financial Officer of VTEX (NYSE:VTEX), reported the acquisition of two equity awards on November 3, 2026. The filing covers derivative securities only, with no transactions reported in Table I covering non-derivative securities.

The first award consists of 173,368 Restricted Stock Units. 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 RSUs were acquired at a price of $0 and are held directly. According to the filing, 25% of the RSUs vest on November 1, 2027, with the remaining amount vesting in tranches of 6.25% every three months thereafter.

The second award consists of 173,368 stock options with an exercise price of $3.97, expiring on November 1, 2031. The filing describes an identical vesting schedule: 25% vesting on November 1, 2027, with the balance vesting in 6.25% tranches every three months thereafter. Both awards are reported as directly owned, and following the reported transactions, Sodre beneficially owns 173,368 RSUs and 173,368 stock options. The filing further notes that, because VTEX is a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934, Sodre's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of that Act.

What Was Disclosed

The filing disclosed the grant of 173,368 RSUs and 173,368 stock options to VTEX CFO Ricardo Sodre on November 3, 2026, both subject to a four-year vesting schedule beginning November 1, 2027, with the stock options carrying an exercise price of $3.97 and expiring November 1, 2031.