Kambourakis Jean Paulo 4

What Happened
Jean Paulo Kambourakis, an officer of Banco Santander (Brasil) S.A. (BSBR), disposed of 36,721 shares in an open-market/private sale on March 19, 2026. The shares were sold at $5.89 per share for total proceeds of $216,287. The filing shows an equivalent price of R$29.61 per share (amounts converted at R$5.0238 per USD).

Key Details

• Transaction date: 2026-03-19 (sale, code S).
• Price and size: 36,721 shares at $5.89 per share; total $216,287.
• Local-currency equivalent: R$29.61 per share; conversion used R$5.0238 per USD (Brazilian Central Bank rate on Apr 13, 2026).
• Shares owned after transaction: not specified in the portion of the filing provided.
• Plan/notes: filing does not disclose a 10b5-1 plan or tax-withholding detail for this sale. Footnote F1 provides the currency conversion.
• Filing timeliness: reported on 2026-04-16 — 28 days after the trade date — which is later than the standard 2-business-day Form 4 deadline.

Context
This was a sale (disposition) rather than a purchase or option exercise. Insider sales can be routine and do not necessarily indicate the insider’s view of the company’s prospects; purchases are generally viewed as a stronger signal of positive insider sentiment.