Ishii Michele Soares 4

What Happened
Ishii Michele Soares, listed as an officer (no specific designation) of Banco Santander (Brasil) S.A. (BSBR), sold 12,000 common shares in an open-market transaction on March 24, 2026. The shares were disposed at $5.95 per share for total proceeds of $71,400.

Key Details

• Transaction date: 2026-03-24
• Transaction type/code: Sale (open market), code S
• Price per share: $5.95; total proceeds: $71,400
• Shares owned after transaction: Not disclosed in this filing
• Footnote: Equivalent price in BRL was R$29.91 per share; USD amounts converted at R$5.0238 = $1 (Brazilian Central Bank rate on Apr 13, 2026)
• Filing date: 2026-04-16 — the Form 4 was filed 23 days after the transaction date (appears late relative to the usual two-business-day requirement)

Context
This report documents a sale (a disposition of shares), which does not by itself signal company performance or insider sentiment. There is no indication this involved option exercises, gifts, or tax withholding in this filing. Retail investors should note the late filing and watch for any additional insider reports that might disclose holdings or reasoning.