Gibbon Virgilio Deloy Capobianco 4

What Happened

• Virgilio Deloy Capobianco, CEO of Afya Ltd (AFYA), reported open-market sales totaling 4,700 shares across two trades. On 2026-03-25 he sold 3,900 shares at $15.18 each for $59,202, and on 2026-03-26 he sold 800 shares at $15.21 each for $12,168. The combined proceeds were approximately $71,370. These were sales (S), which are often routine liquidity events rather than explicit signals about company prospects.

Key Details

• Transaction dates & prices: 2026-03-25 — 3,900 shares @ $15.18; 2026-03-26 — 800 shares @ $15.21.
• Total proceeds: ~$71,370 (3,900×$15.18 = $59,202; 800×$15.21 = $12,168).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 notes GIBBOAT OVERSEAS LTD is solely owned and controlled by the reporting person, indicating the sales were effected by an entity the CEO controls.
• Filing timeliness: Filing date 2026-03-27; no late filing flag indicated in the provided data.

Context

• These were outright sales (not option exercises or gifts). Sales by insiders can be for many personal or tax/liquidity reasons and do not by themselves prove a change in outlook. Purchases tend to be more informative about insider confidence.