Viegas Marques Andrea Palma 4
4 · TIM S.A. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
TIM S.A. (TIMB) CFO Andrea Viegas Marques Receives 83,849 Shares
What Happened
- Andrea Viegas Marques (CFO) received a total of 83,849 shares on May 5, 2026 through awards/vesting reported as acquisitions at $0.00 each (total reported value $0).
- 63,298 shares (F1) — earned from 2023 performance-share grant certification.
- 16,644 shares (F2) — earned from portions of the 2024 performance-share grant certification.
- 3,907 restricted/derivative shares (F3/F4/F5) — contingent rights and accrued dividend equivalents.
- This was an award/vesting event (not an open-market purchase or sale) — typical compensation/long-term incentive recognition rather than a trading signal.
Key Details
- Transaction date: May 5, 2026; Form 4 filed May 7, 2026.
- Reported price: $0.00 per share; reported cash value: $0.
- Shares owned after the transaction: not specified in the provided summary (see filing for total holdings).
- Notable footnotes:
- F1: Shares earned after Board certification of 2023 performance; vest 20%/30%/50% on the first three anniversaries of the grant date, subject to continued service.
- F2: Shares earned after Board certification for parts of 2024 grants; vest 10%/20%/70% over three anniversaries, subject to continued service.
- F3: Each restricted share is a contingent right to one common share minus withholding taxes.
- F4: Dividend equivalent units accrued and approved May 5, 2026.
- F5: Some restricted shares vest July 31, 2026.
Context
- Awards/vesting (code A) are compensation events and do not necessarily indicate the insider is buying or selling based on private information; they are routine for executive pay.
- The 3,907 derivative/restricted-share entry represents contingent rights and may be subject to tax withholding, so net shares delivered could be lower.
- Form 4 was filed two days after the transaction date; Form 4s are generally due within two business days of the reportable event — check the full filing for timing details.
Insider Transaction Report
Form 4
TIM S.A.TIMB
Viegas Marques Andrea Palma
Chief Financial Officer
Transactions
- Award
Common Shares
[F1]2026-05-05+63,298→ 101,615 total - Award
Common Shares
[F2]2026-05-05+16,644→ 118,259 total - Award
Restricted Shares
[F3][F4][F5]2026-05-05+3,907→ 26,042 total→ Common Shares (3,907 underlying)
Footnotes (5)
- [F1]Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Issuer's Board of Director's (the "Board") certification to the achievement of performance for the performance shares granted in 2023. These shares vest 20%, 30% and 50% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.
- [F2]Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Board's certification to the achievement of performance for portions of the performance shares granted in 2024. These shares vest 10%, 20% and 70% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.
- [F3]Each restricted share represents a contingent right to receive one common share minus withholding taxes.
- [F4]Represents dividend equivalent units with respect to restricted shares accrued upon approval by the Board on May 5, 2026.
- [F5]These restricted shares vest on July 31, 2026.
Signature
/s/ Pedro Yagelovic Bravin Arantes, attorney-in-fact|2026-05-07