# EDGAR Filing Document

**Accession Number:** 0002104075
**File Stem:** 0001193125-26-114009
**Filing Date:** 2026-3
**Character Count:** 7065
**Document Hash:** 07eee388c8eb9325ee3a8ff3956cbb58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-114009.hdr.sgml**: 20260318

**ACCESSION NUMBER**: 0001193125-26-114009

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260318

**FILED AS OF DATE**: 20260318

**DATE AS OF CHANGE**: 20260318

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Alvarez-Demalde Francisco
- **CENTRAL INDEX KEY:** 0002104075

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40626
- **FILM NUMBER:** 26769250

**MAIL ADDRESS:**
- **STREET 1:** 2980 NE 207TH STREET SUITE 601
- **CITY:** AVENTURA
- **STATE:** FL
- **ZIP:** 33180
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VTEX
- **CENTRAL INDEX KEY:** 0001793663
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** C/O CAMPBELLS CORPORATE SERVICES LIMITED
- **STREET 2:** FLOOR 4, WILLOW HOUSE, CRICKET SQUARE
- **CITY:** GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-9010
- **BUSINESS PHONE:** 0000000000

**MAIL ADDRESS:**
- **STREET 1:** C/O CAMPBELLS CORPORATE SERVICES LIMITED
- **STREET 2:** FLOOR 4, WILLOW HOUSE, CRICKET SQUARE
- **CITY:** GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-9010

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Alvarez-Demalde Francisco<br><sub>(Last) (First) (Middle)</sub><br>C/O RIVERWOOD CAPITAL MANAGEMENT L.P.,<br>70 WILLOW ROAD, SUITE 100<br><sub>(Street)</sub><br>MENLO PARK, CA 94025<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>VTEX [ NYSE: VTEX ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-03-18 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director   [ ] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Class A Common Shares | 7937 | D<sup>(1)</sup> |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Stock Options | <sup>(3)</sup> | 2026-11-07 | Class A Common Stock | 182000 | $3.55 | D<sup>(2)</sup> |  |
| Stock Options | <sup>(4)</sup> | 2027-07-01 | Class A Common Stock | 58577 | $4.80 | D<sup>(2)</sup> |  |
| Stock Options | <sup>(5)</sup> | 2028-07-01 | Class A Common Stock | 25817 | $7.26 | D<sup>(2)</sup> |  |
| Stock Options | <sup>(6)</sup> | 2029-07-01 | Class A Common Stock | 27303 | $6.60 | D<sup>(2)</sup> |  |
| Restricted Stock Unit | <sup>(7)</sup> | <sup>(8)</sup> | Class A Common Stock | 5829 | <sup>(8)</sup> | D<sup>(2)</sup> |  |
| Restricted Stock Unit | <sup>(9)</sup> | <sup>(8)</sup> | Class A Common Stock | 10577 | <sup>(8)</sup> | D<sup>(2)</sup> |  |

---

### Footnotes:

(1) These securities are held by Mr. Alvarez-Demalde for the benefit of Riverwood Capital GP II Ltd. and/or certain of its affiliates (collectively, "Riverwood"). Mr. Alvarez-Demalde is obligated to transfer the underlying shares upon settlement or any proceeds from the sale thereof as directed by Riverwood. Mr. Alvarez-Demalde disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities by Mr. Alvarez-Demalde for purposes of Section 16 or any other purposes.

(2) These securities are held by Mr. Alvarez-Demalde for the benefit of Riverwood. Mr. Alvarez-Demalde is obligated to transfer the underlying shares upon settlement or any proceeds from the sale thereof as directed by Riverwood. Mr. Alvarez-Demalde disclaims beneficial ownership of these securities except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities by Mr. Alvarez-Demalde for purposes of Section 16 or any other purposes.

(3) These stock options are fully vested.

(4) Represents stock options, of which each 1/12 of the total share package vests every three (3) months from July 01, 2023.

(5) Represents stock options, of which each 1/12 of the total share package vests every three (3) months from July 01, 2024.

(6) Represents stock options, of which each 1/12 of the total share package vests every three (3) months from July 01, 2025.

(7) Represents restricted stock units ("RSUs"). 8.33% of which vested on October 1, 2024, and the remaining amount of which vests in tranches of 8.33% every three (3) months thereafter

(8) Each RSU represents a contingent right to receive shares of Issuer Class A common stock.

(9) Represents RSUs. 8.33% of which vested on October 1, 2025, and the remaining amount of which vests in tranches of 8.33% every three (3) months thereafter

**Signature:** /s/ Francisco Alvarez-Demalde  
**Date:** 2026-03-18

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**