DLONasdaqServices-Business Services, NECFiscal year ends December 31
dLocal Ltd
Financials through Q4 FY2025, quarter ended Dec 31, 2025Last filing: 20-F on Mar 18, 2026
$14.73+0.06 (+0.41%)
Close on Oct 19, 2026
- Market cap
- $4.45B
- P/E (TTM)
- 22.7
- Dividend yield
- –
Ownership
Who owns dLocal's shares
Held by institutions
–
Shares held, 13F filers
Institutional holders
–
Net institutional buying
–
Insider trades, 12 months
1 buys · 4 sales
Net sold $15.99M
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Sergio Enrique Fogel Kaplan | 50,893,599 | 25.40% | 13G (passive) amendment | Dec 31, 2024 |
| Andres Bzurovski Bay | 49,806,946 | 23.60% | 13G (passive) amendment | Dec 31, 2023 |
| General Atlantic GenPar (Bermuda), L.P. | 46,656,695 | 28.30% | 13D (active) amendment | Sep 5, 2025 |
| GAP (Bermuda) L.P. | 36,814,136 | 21.40% | 13D (active) amendment | Aug 17, 2026 |
| Azar Alberto Eduardo | 18,473,840 | 10.30% | 13G (passive) amendment | Mar 31, 2026 |
| Emiliano Sebastian Fernandez Balague | 16,346,624 | 10.80% | 13G (passive) amendment | Dec 31, 2024 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Pedro Arnt | Chief Executive Officer, Director | 2,350,000 | 0.80% | Mar 18, 2026 |
| Santos e. Santos Gabriela Vieira | Chief Legal Officer | 174,276 | 0.06% | Jul 9, 2026 |
| Rodriguez Alberto Emmanuel Almeida | Chief Technology Officer | 156,213 | 0.05% | Jul 9, 2026 |
| John Patrick O'Brien | Chief Revenue Officer | 220,000 | 0.07% | Mar 20, 2026 |
| Perez Guillermo Lopez | Chief Financial Officer | 187,441 | 0.06% | Mar 18, 2026 |
| Carlos Javier Menendez | Chief Operating Officer | 1,275,510 | 0.43% | Mar 18, 2026 |
| Sebastian Kanovich | Director | 11,526,321 | 3.91% | Aug 11, 2026 |
| Bay Andres Bzurovski | Director | 2,469,484 | 0.84% | Aug 10, 2026 |
| William Rodney Pruett | Director | 108,043 | 0.04% | Jun 2, 2026 |
| Hyman K. Bielsky | Director | 1,215,105 | 0.41% | May 29, 2026 |
| de Ybarra Francisco Fernandez | Director | – | – | Mar 19, 2026 |
| Veronica Raffo | Director | – | – | Mar 18, 2026 |
| Luiz Ribeiro | Director | – | – | Mar 18, 2026 |
| Nelson M. Mattos | Director | – | – | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Sebastian Kanovich Director | Aug 5, 2026 | Sale(10b5-1 plan) | −72,753 | $15.54 | $1.13M | 0 |
| Sebastian Kanovich Director | Aug 5, 2026 | Conversion | +72,753 | – | – | 72,753 |
| Sebastian Kanovich Director | Aug 4, 2026 | Sale(10b5-1 plan) | −4,700 | $15.50 | $72.85K | 0 |
| Sebastian Kanovich Director | Aug 4, 2026 | Conversion | +4,700 | – | – | 4,700 |
| Sebastian Kanovich Director | Jul 7, 2026 | Sale(10b5-1 plan) | −25,700 | $15.50 | $398.35K | 0 |
| Sebastian Kanovich Director | Jul 7, 2026 | Conversion | +25,700 | – | – | 25,700 |
| Sebastian Kanovich Director | Jul 1, 2026 | Conversion | +1,000,000 | – | – | 1,000,000 |
| Sebastian Kanovich Director | Jul 1, 2026 | Sale(10b5-1 plan) | −1,000,000 | $14.63 | $14.63M | 0 |
| William Rodney Pruett Director | May 29, 2026 | Buy | +20,000 | $11.85 | $237.00K | 108,043 |
| Hyman K. Bielsky Director | May 27, 2026 | Gift | −884,249 | – | – | 19,599 |
| Hyman K. Bielsky Director | May 27, 2026 | Gift | +884,249 | – | – | 899,746 |
| Rodriguez Alberto Emmanuel Almeida Chief Technology Officer | Apr 1, 2026 | Award | +40,329 | – | – | 156,213 |
| Santos e. Santos Gabriela Vieira Chief Legal Officer | Apr 1, 2026 | Award | +40,329 | – | – | 174,276 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Atlantic DO B.V General 10% Stockholder | Aug 17, 2026 | 9,842,559 | $136.91M | Aug 17, 2026 | Reorganization |
| Kanovich Sebastian Director | Aug 5, 2026 | 72,753 | $1.11M | Aug 5, 2026 | Founders Shares |
| Kanovich Sebastian Director | Aug 4, 2026 | 4,700 | $71.96K | Aug 4, 2026 | Founders Shares |
| Kanovich Sebastian Director | Jul 7, 2026 | 25,700 | $391.93K | Jul 7, 2026 | Founders Shares |
| Kanovich Sebastian Director | Jul 1, 2026 | 1,000,000 | $13.00M | Jul 1, 2026 | Founders Shares |
| Obrien John Officer | May 1, 2026 | 11,533 | $160.08K | May 1, 2026 | Restricted Stock Units |
| Vieira Gabriela Officer | Oct 15, 2025 | 8,000 | $125.44K | Oct 15, 2025 | Exercise of Stock Options |
| Obrien John Officer | Oct 1, 2025 | 40,000 | $571.20K | Oct 1, 2025 | Restricted Stock Units |
| Vieira Gabriela Officer | Aug 22, 2025 | 6,000 | $86.49K | Aug 22, 2025 | Exercise of Stock Options |
| Obrien John Officer | May 1, 2025 | 11,533 | $102.07K | May 1, 2025 | Restricted Stock Units |
| Obrien John Officer | Nov 22, 2024 | 63,066 | $677.33K | Nov 22, 2024 | Restricted Stock Units |