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144 ·Filed Oct 7, 2026

PAGS

PagSeguro Digital Ltd.
BEARISH
Impact 5/10
Horizondays Processed18d 23h ago SEC0001554855-26-002077
Form 144 — notice of proposed sale of securities
Actionable Insight ▼ Bearish

Watch for subsequent Form 4 filings to see if the actual sale was executed. The large combined intent (director + controlled entity) ahead of any upcoming earnings release could signal insider sentiment. No specific catalyst or earnings date mentioned. Monitor for any 8-K or market data for context.

DirectionBearish
Confidencemedium
Horizondays
Latest settled — T+5d
PAGS ▲ +4.12% at T+5d
SHORT call ✗ call lost -4.12% · α vs SPY -4.40% · entry $10.68 → $11.12
Next anchor: T+20d in 9d
Latest observation: T+11 -4.90% FF3 residual α
Entry = T+0 close
Oct 7, 2026
via day close
T+1d
+4.49%
call -4.49% · α -3.89%
$11.16
settled 18d ago
T+5d
+4.12%
call -4.12% · α -4.40%
$11.12
settled 12d ago
T+20d
Pending
in 9d
T+60d
Pending
in 2mo

Price Chart

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Executive Summary

Director Alexandre Magnani filed a Form 144 notice of intent to sell up to 100,000 Class A common shares of PagSeguro Digital Ltd., with an estimated aggregate market value of approximately $1,060,500. The shares were acquired through employee compensation awards between January 2022 and January 2026. The filing also notes that Mr. Magnani controls Carcara Investments Ltd., which intends to sell an additional 400,000 shares, bringing the total potential combined sale to 607,390 shares (including 207,390 under his own name).

Key Facts

  • Director Alexandre Magnani (insider) filed Form 144 to sell 100,000 Class A common shares
  • Estimated sale value: $1,060,500 based on 100,000 shares at ~$10.605 per share
  • Mr. Magnani controls Carcara Investments Ltd., which intends to sell 400,000 additional shares
  • Total potential combined sale: 607,390 shares (100,000 + 207,390 + 400,000)
  • Shares acquired via employee compensation awards from Jan 2022 to Jan 2026
  • Filing date: October 7, 2026

Financial Impact

Up to ~$1.06M from the director's own 100,000 shares, plus up to $4.24M from the controlled entity's 400,000 shares, plus ~$2.20M from the additional 207,390 shares under his name — total potential combined sale value up to ~$7.3M (all figures approximate based on the 100,000 share filing amount; the filing also references additional 207,390 + 400,000 = 607,390 total shares at ~$10.605/share).

dilutioninsider sellinginsider selling

Risk Factors

  • Form 144 is only an intent to sell — the sale may not occur
  • The insider controls an additional 400,000 shares via a controlled entity, amplifying potential selling pressure
  • No specific reason for sale given beyond 'employee compensation awards'
  • No market cap or market data provided — cannot quantify relative to total holdings

Investment Themes

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001554855-26-002077
Document: 0001554855-26-002077-index.html0001554855-26-002077
Document: 0001554855-26-002077.txt0001554855-26-002077
6 reports for PAGS
Performance horizon
Filters
Rows
Reports for PAGS — sortable, filterable
TypeNow
Oct 9, 2026
16d ago
144
NEUTRAL ★ 2/10
$11.14 $11.13▼ −0.09%▲ +1.40%$8.56 (−23.16%)
Oct 7, 2026
18d ago
144
BEARISH ★ 5/10
$10.68 $11.12▼ −4.12%▼ −4.40%$8.56 (+19.85%)
Sep 1, 2026
7w ago
6-K
NEUTRAL ★ 4/10
$9.84 $10.13▲ +2.95%▲ +3.91%$8.56 (−13.01%)
May 12, 2026
23w ago
6-K
NEUTRAL ★ 4/10
$8.63 $8.95▲ +3.71%▲ +4.87%$8.56 (−0.81%)
Apr 29, 2026
25w ago
6-K
NEUTRAL ★ 2/10
$10.02 $10.41▲ +3.89%▲ +2.16%$8.56 (−14.57%)
Apr 10, 2026
28w ago
6-K
NEUTRAL ★ 3/10
$10.55 $11.05▲ +4.81%▲ +1.52%$8.56 (−18.84%)
Showing 6 of 6

US Market Status

Market Closed — Opens Tue (16h 38m)

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Report published Oct 7, 2026