Arcos Dorados Director Carlos Hernandez Artigas Sells 20,000 Shares at $9.01

This Form 4 filing reports that Carlos Hernandez Artigas, a director of Arcos Dorados Holdings Inc. (ARCO), sold 20,000 Class A common shares on May 28, 2026, at a price of $9.01 per share. Following this transaction, Hernandez Artigas directly owns 29,774 shares. The filing also discloses indirect holdings through Marlies Capital LLC (291,211 shares) and a Simplified Employee Pension account (2,569 shares). As a director, Hernandez Artigas is required to report these transactions under Section 16 of the Securities Exchange Act. The sale represents a significant reduction in his direct ownership position while maintaining substantial indirect holdings in the company.