Santiago Naranjo Alvarez - 18 Mar 2026 Form 3 Insider Report for VTEX (: VTEX)

Role: Chief Revenue Officer
Signature: /s/ Santiago Naranjo Alvarez
Issuer symbol: : VTEX
Transactions as of: 18 Mar 2026
Net transactions value: $0
Form type: 3
Filing time: 18 Mar 2026, 11:17:14 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Naranjo Alvarez Santiago	Chief Revenue Officer	4TH FLOOR, HARBOUR PLACE, 103 SOUTH CHURCH STREET, GRAND CAYMAN, CAYMAN ISLANDS	/s/ Santiago Naranjo Alvarez	18 Mar 2026	0002023451

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	: VTEX	Stock Options							18 Mar 2026	Class A Common Stock	25,000	$0.5767	Direct	F1, F2
holding	: VTEX	Stock Options							18 Mar 2026	Class A Common Stock	25,000	$0.5133	Direct	F3, F4
holding	: VTEX	Stock Options							18 Mar 2026	Class A Common Stock	20,000	$2.81	Direct	F5
holding	: VTEX	Stock Options							18 Mar 2026	Class A Common Stock	75,000	$8.84	Direct	F6
holding	: VTEX	Stock Options							18 Mar 2026	Class A Common Stock	225,000	$3.91	Direct	F7
holding	: VTEX	Restricted Stock Unit							18 Mar 2026	Class A Common Stock	75,000		Direct	F8, F9
holding	: VTEX	Restricted Stock Unit							18 Mar 2026	Class A Common Sock	34,375		Direct	F9, F10
holding	: VTEX	Restricted Stock Unit							18 Mar 2026	Class A Common Stock	200,000		Direct	F9, F11
holding	: VTEX	Restricted Stock Unit							18 Mar 2026	Class A Common Stock	91,818		Direct	F9, F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These stock options are fully vested.
F2	Represents an exercise price of R$3.00, converted to U.S. dollars using the Brazilian Central Bank daily exchange rate of $1.00 to R$5,2019 as of March 17, 2026
F3	These stock options are fully vested.
F4	Represents an exercise price of R$2.67, converted to U.S. dollars using the Brazilian Central Bank daily exchange rate of $1.00 to R$5,2019 as of March 17, 2026
F5	These stock options are fully vested.
F6	These stock options are fully vested.
F7	Represents stock options, of which 16.6% vested on October 19, 2023, and the remaining amount of which vests in tranches of 16.6% every twelve (12) months thereafter.
F8	Represents restricted stock units ("RSUs"). 25% of which vested on February 1, 2023, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter
F9	Each RSU represents a contingent right to receive shares of Issuer Class A common stock.
F10	Represents restricted stock units ("RSUs"). 25% of which vested on November 1, 2024, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter
F11	Represents RSUs, 25% of which vested on May 1, 2025, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.
F12	Represents RSUs, 25% of which vests on November 1, 2026, and the remaining amount of which vests in tranches of 6.25% every three (3) months thereafter.