Janikian Cezar Augusto 4

What Happened
Janikian Cezar Augusto, a Vice President and executive officer of Banco Santander (Brasil) S.A. (BSBR), sold 17,000 common shares on March 19, 2026. The reported price was $5.87 per share, producing proceeds of $99,790. The filing lists the transaction as an open market or private sale (code S).

Key Details

• Transaction date: 2026-03-19; Report filed (Form 4) on 2026-04-16. The filing appears late relative to the typical 2-business-day reporting requirement.
• Price and proceeds: 17,000 shares at $5.87 per share = $99,790.
• Local-currency info (footnote): Equivalent to R$29.50 per share; amounts converted at R$5.0238 per US$1.00 (Brazilian Central Bank rate on 2026-04-13).
• Shares owned after transaction: Not specified in the information provided.
• Transaction code: S = Sale (open market or private sale).

Context
This was a sale by an executive officer. Sales are common insider activity and can be for many personal or routine reasons; a sale alone is not a definitive signal about the company’s outlook. Note the late filing could affect timely transparency for investors.