VTEX reported an initial statement of beneficial ownership by Geraldo do Carmo Thomaz Junior, the company’s chief executive officer. The filing listed 237,389 Class A common shares held directly and 963,120 Class B common shares held directly. It also reported indirect holdings of 13.28 million Class B common shares through Itacare Corporation and 18.42 million Class B common shares through Imbetiba Parent Limited. The statement included stock options covering 1.5 million Class A common shares at a conversion or exercise price of USD 4.5. It also reported restricted stock units covering 393,771 Class A common shares.

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