Stelleo Tolda - Aug 22, 2025 Form 4 Insider Report for MERCADOLIBRE INC (MELI)

Role
Director
Signature
/s/ Jacobo Cohen Imach (Attorney-in-fact)
Stock symbol
MELI
Transactions as of
Aug 22, 2025
Transactions value $
$0
Form type
4
Date filed
8/26/2025, 05:32 PM
Previous filing
Aug 8, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Tolda Stelleo Director DR. LUIS BONAVITA 1294, OF. 1733, TORRE II, MONTEVIDEO, URUGUAY /s/ Jacobo Cohen Imach (Attorney-in-fact) 2025-08-26 0001409289

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MELI Common Stock 2.03K Aug 22, 2025 Direct F1
holding MELI Common Stock 75.8K Aug 22, 2025 By Tool, Ltd.
holding MELI Common Stock 246 Aug 22, 2025 By Didomi Fund

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MELI Variable Forward Contract (oblig. to sell variable amount) Other -20K -100% 0 Aug 22, 2025 Common Stock 20K By Tool, Ltd. F2, F3, F4
transaction MELI Variable Forward Contract (oblig. to sell variable amount) Other +20K 20K Aug 22, 2025 Common Stock 20K By Tool, Ltd. F2, F3, F4
holding MELI Restricted Stock Units 64 Aug 22, 2025 Common Stock 64 $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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, 2022, subject to the Reporting Person's continued compliance with the terms of the Restricted Stock grant agreement.
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 cap price 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:
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).
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.
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.

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.