Stelleo Tolda - 09 Dec 2025 Form 4 Insider Report for MERCADOLIBRE INC (MELI)

Reporting relationship: Director
Issuer ticker: MELI
Reported as of: 09 Dec 2025
Net transaction value: -$503,778
SEC form: 4
Accepted by SEC: 11 Dec 2025, 18:23:27 UTC
Prior SEC filing: 26 Aug 2025
Next SEC filing: 12 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Jacobo Cohen Imach (Attorney-in-fact)

Key filing fact

Stelleo Tolda filed Form 4 for MERCADOLIBRE INC (MELI) on 11 Dec 2025.

Key facts

This page summarizes Stelleo Tolda's Form 4 filing for MERCADOLIBRE INC (MELI).
1 reported transaction and 2 derivative rows are listed below.
Accepted by SEC: 11 Dec 2025, 18:23.

Change

Previous filing in this sequence was filed on 26 Aug 2025.
Current net transaction value: -$503,778.

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 0001409289 Primary reporting owner

Tolda Stelleo

Relationship: Director
Address: DR. LUIS BONAVITA 1294, OF. 1733, TORRE II, MONTEVIDEO, URUGUAY
Signature: /s/ Jacobo Cohen Imach (Attorney-in-fact)
Signature date: 11 Dec 2025

Reported non-derivative transactions

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

MELI transaction

Common Stock

Sale

Transaction value: $503,778
Shares: -246
Change %: -100%
Price: $2047.88
Shares after: 0
Date: 09 Dec 2025
Ownership: By Didomi Fund

MELI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,029
Date: 09 Dec 2025
Ownership: Direct
Footnotes: F1

MELI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 75,840
Date: 09 Dec 2025
Ownership: By Tool, Ltd.

Reported derivative securities

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

MELI holding Derivative

Variable Forward Contract (oblig. to sell variable amount)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 20,000
Date: 09 Dec 2025
Ownership: By Tool, Ltd.
Underlying class: Common Stock
Underlying amount: 20,000
Exercise price
Footnotes: F2, F3, F4

MELI holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 64
Date: 09 Dec 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 64
Exercise price: $0.000000
Footnotes: F5

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents 8 shares of common stock and 2,021 shares of common stock subject to forfeiture and transfer restrictions (the "Restricted Stock"). The Restricted Stock will vest in two substantially equal installments on each of the next two anniversaries of the grant date, April 8, 2025, subject to the Reporting Person's continued compliance with the terms of the Restricted Stock grant agreement.

Footnote F2

As previously reported, the Reporting Person entered into a prepaid variable forward sale contract (the "Prior Contract") on June 5, 2023, with an unaffiliated third party buyer (the "Counterparty") relating to a maximum of 20,000 shares of common stock (the "Number of Shares") of MercadoLibre, Inc. (the "Company"). On August 22, 2025, the Reporting Person and the Counterparty amended the Prior Contract (the "Amended Contract"), which extended the maturity date of the Prior Contract from May 20, 2026 to August 20, 2027. The Amended Contract also adjusted the forward floor price and the forward capprice from $1,813.6572 and $2,265.0564, respectively, to $2,322.3910 and $2,693.9736, respectively. The number of shares to be delivered by the Reporting Person on the settlement date will depend upon the relationship between the volume-weighted average price of the common stock on the maturity date (the "settlement price"), and the forward floor price and the forward cap price, as follows:

Footnote F3

(Continued from Footnote 2) (i) if the settlement price is less than or equal to the forward floor price, the Reporting Person will deliver the Number of Shares; (ii) if the settlement price is greater than the forward floor price but less than or equal to the forward cap price, the Reporting Person will deliver a number of shares equal to the Number of Shares multiplied by the forward floor price divided by the settlement price; and (iii) if the settlement price is greater than the forward cap price, the Reporting Person will deliver a number of shares equal to the Number of Shares multiplied by (x) the sum of the forward floor price and the settlement price minus the forward cap price, divided by (y) the settlement price (or, in each case, if the contract is settled in cash, the Reporting Person will deliver an amount of cash with a value equal to the number of shares to be delivered, calculated based on the settlement price of the shares).

Footnote F4

Continued from Footnote 3) At the time of entering into the Prior Contract, the Reporting Person received a cash payment of $33,479,211.08. In connection with the Amended Contract, the Reporting Person paid $879,826.30 to the Counterparty. The Reporting Person has pledged 20,000 shares of Common Stock to secure his obligations under the Amended Contract but retained dividend and voting rights in such pledged shares during the term of the Amended Contract.

Footnote F5

100% of restricted stock units vest upon the 2026 annual shareholders' meeting of the Company, the date of which has not yet been determined.

SEC remarks

The Power of Attorney for Mr. Tolda is filed as an exhibit to the Form 3 filed by Mr. Tolda with the Securities and Exchange Commission on September 16, 2024, which is hereby incorporated by reference.