Sebastian Kanovich - 07 Jul 2026 Form 4 Insider Report for dLocal Ltd (DLO)

Reporting relationship: Director
Issuer ticker: DLO
Reported as of: 07 Jul 2026
Net transaction value: -$398,350
SEC form: 4
Accepted by SEC: 09 Jul 2026, 09:40:19 UTC
Prior SEC filing: 02 Jul 2026
Source filing: View source filing
Reporting owner signature: /s/ Agustin Cancela, attorney-in-fact for Sebastian Kanovich

Key filing fact

Sebastian Kanovich filed Form 4 for dLocal Ltd (DLO) on 09 Jul 2026.

Key facts

This page summarizes Sebastian Kanovich's Form 4 filing for dLocal Ltd (DLO).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 09 Jul 2026, 09:40.

Change

Previous filing in this sequence was filed on 02 Jul 2026.
Current net transaction value: -$398,350.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001911079 Primary reporting owner

Kanovich Sebastian

Relationship: Director
Address: C/O DLOCAL LIMITED, DR. LUIS BONAVITA 1294, MONTEVIDEO, URUGUAY
Signature: /s/ Agustin Cancela, attorney-in-fact for Sebastian Kanovich
Signature date: 09 Jul 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DLO transaction

Class A Common Share

Conversion of derivative security

Transaction value
Shares: +25,700
Change %
Price
Shares after: 25,700
Date: 07 Jul 2026
Ownership: Direct
Footnotes: F1, F2

DLO transaction

Class A Common Share

Sale

Transaction value: $398,350
Shares: -25,700
Change %: -100%
Price: $15.50
Shares after: 0
Date: 07 Jul 2026
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DLO transaction Derivative

Class B Common Share

Conversion of derivative security

Transaction value
Shares: -25,700
Change %: -0.22%
Price: $0.000000^*
Shares after: 11,603,774
Date: 07 Jul 2026
Ownership: Direct
Underlying class: Class A Common Share
Underlying amount: 25,700
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

Each 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 7, 2026, the reporting person directed the sale of 25,700 of his Class B Common Shares, resulting in the automatic conversion of the shares into Class A Common Shares upon execution of the sale.

Footnote F2

The conversion and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/26/2025