4Filed Sep 15, 8:00 PM ET

Macro Bank (BMA) Director Brito Marcos Buys 1,500 Shares

$BMA · Macro Bank Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Macro Bank (BMA) Director Brito Marcos Buys 1,500 Shares

What Happened

  • Director Brito Marcos reported an open-market purchase (Code P) of 1,500 shares (American Depositary Shares) at $68.27 per share on 2026-03-19, for a total of $102,399. This was a purchase (buy), which investors often view as more informative than routine sales.

Key Details

  • Transaction date and price: 2026-03-19 at $68.27 per share.
  • Total value: $102,399.
  • Shares owned after transaction: Not specified in the Form 4 filing.
  • Footnote highlights:
    • F1: Each ADS represents 10 Class B ordinary shares of Banco Macro S.A.
    • F2: The amount reported reflects the reporting person’s proportionate interest in securities held by Sanbay S.A.; the reporting person disclaims beneficial ownership except for any pecuniary interest.
  • Filing timeliness: Reported late due to an inadvertent administrative error (remark attached). Exhibit 24 (Power of Attorney) was previously filed.

Context

  • This was a straight purchase (no option exercise, award, or sale). The filing’s late status is noted but the reason was stated as inadvertent; late filings can delay public visibility into insider activity. The F2 disclaimer indicates the shares are held via an entity (Sanbay S.A.), so beneficial ownership is limited to the reporting person’s pecuniary interest.