PagSeguro Director Sells Shares Worth Over $709,000
PagSeguro director Alexandre Magnani sold Class A shares for $709,538 in two trades on October 19 and 20, 2026, according to filings.
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what happened
PagSeguro director Alexandre Magnani sold Class A shares in two trades on October 19 and 20, 2026, according to TradingView, which cites documents filed with the SEC.
On October 19 he sold 16,209 shares at a weighted average price of $11.183, and on October 20 he sold 47,100 shares at a weighted average price of $11.216. Total proceeds from the sales came to $709,538.
After the transactions, Magnani directly owns 107,390 Class A shares.
why it matters
Insider sale reports like this concern a single company and rarely move the broader market. For PagSeguro shareholders, it is information about one executive's personal decisions, but the filing does not disclose the reasons, so it is too early to draw conclusions about the stock's outlook.
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sources
- PagSeguro Director Sold Shares Worth Over $709K — TradingView, 21 October 2026 at 21:10 UTC
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