XP Inc. Director Dos Santos Sells 123,257 Shares

What Happened

• Dos Santos Bruno Constantino Alexandre (Director) disposed of 123,257 Class A common shares of XP Inc. on September 16, 2026. The reported sale price was $19.58 per share, for proceeds of approximately $2,413,865. This was a sale (code S) reported on a Form 4 filed on September 17, 2026. Sales are often routine insider transactions and do not by themselves indicate a change in company fundamentals.

Key Details

• Transaction date and price: 2026-09-16, 123,257 shares at $19.58/share (total ≈ $2,413,865).
• Transaction type: Sale (open-market or private sale as reported).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: The shares are held by an LLC over which the reporting person has investment control. The LLC’s equity interests are held by an irrevocable trust of which the reporting person is a manager and a beneficiary; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest (see footnote F1).
• Filing timeliness: Form 4 was filed the day after the reported transaction (filed 2026-09-17 for period of report 2026-09-16), so the filing appears timely.

Context

• This report documents a straightforward insider sale by a company director. Such sales can be for many personal reasons (liquidity, diversification, tax planning) and should be viewed separately from purchases, which are often considered a stronger signal of insider conviction.