SEC Form 4 · accession 0000950103-26-010204
dLocal Ltd · DLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sebastian Kanovich
Director
Period of report
Jul 1, 2026
Accepted (ET)
Jul 2, 2026 · 5:45 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001846832
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common ShareF1 | Jul 1, 2026 | C | 1,000,000 | — | A | 1,000,000 | D | |
| Class A Common Share | Jul 1, 2026 | S | 1,000,000 | $14.63 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common ShareF1 | — | Jul 1, 2026 | C | 1,000,000 | D | — | — | Class A Common Share | 1,000,000 | 11,629,474 | D |
Explanation of responses
- F1Each Class B Common Share has no expiration date and may be converted into one Class A Common Share at any time at the option of the reporting person. On July 1, 2026, the reporting person directed the sale of 1,000,000 of his Class B Common Shares, resulting in the automatic conversion of the shares into Class A Common Shares upon execution of the sale.
- F2The conversion and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.