TIM S.A.·4

May 7, 8:28 PM ET

Viegas Marques Andrea Palma 4

Research Summary

AI-generated summary

Updated

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.