PagSeguro (NYSE: PAGS) director sells shares worth about $1.06 million

What happened

PagSeguro Digital Ltd. (NYSE: PAGS) director Alexandre Mr Magnani sold 100,000 Class A Common Shares on 10/07/2026 at $10.60 each.

The sale totaled about $1.06 million, and Magnani held 507,390 shares afterward.

The filing says the shares were sold in multiple transactions at prices from $10.600 to $10.605.

It also says the shares were first held directly by Magnani, then transferred to Carcara Investments Ltd. and sold by Carcara Investments Ltd.

Magnani controls Carcara Investments Ltd. and may be deemed to beneficially own the shares held there.

The form was signed 10/09/2026.

Key numbers

Metric	Latest	Change	Source
Shares sold	100,000 shares		SEC Form 4
Weighted-average sale price	$10.60		SEC Form 4
Total sale value	about $1.06 million		SEC Form 4
Shares held after sale	507,390 shares		SEC Form 4
Sale as share of pre-trade holding	about 16.5%		Calculated from SEC Form 4

Read more: PagSeguro Digital (PAGS) stock analysis and investment case

Why it matters

OptimistFi's case is that PagSeguro can work if its Brazilian merchant-payments franchise keeps adding volume and financial-services revenue without turning growth into cash consumption.

This filing weakens that view at the margin because it records a director sale.

The 100,000-share sale was about 16.5% of Magnani's 607,390-share pre-trade holding, so the move was large enough to notice.

Magnani sold the shares in multiple transactions, and the reported prices ranged from $10.600 to $10.605.

The filing also says the shares were first held directly by Magnani, then transferred to Carcara Investments Ltd. before being sold by Carcara Investments Ltd.

Magnani controls Carcara Investments Ltd. and may be deemed to beneficially own the shares held there, so the route matters as much as the size of the disposal.

Magnani still held 507,390 shares after the sale, so the filing gives a clear post-trade baseline for later Form 4 filings.

The main caveat is that this is one insider transaction, and the form does not speak to PagSeguro's operating performance.

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What's next

The next SEC Form 4 from Magnani would be the clearest follow-up.

More selling would keep the insider signal negative, while a pause would make this filing less important.

Until then, the 10/07/2026 sale and the 507,390-share post-trade holding are the baseline for later filings.

The form was signed 10/09/2026.

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