SAO PAULO, Aug 18 (Reuters) - Nu Holdings ( NU ), which

runs Brazilian digital lender Nubank, said in a statement on

Monday its Chief Executive Officer David Velez sold 33 million

class A shares of the company through Rua California Ltd.

The sale, which was motivated exclusively for personal asset

planning purposes, represents about 3.5% of Velez's shares in Nu

Holdings ( NU ), and 0.7% of the total of shares issued by the company,

the statement added.