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Banco Santander (Brasil) S.A.·4

Apr 16, 6:11 PM ET

Kambourakis Jean Paulo 4

Research Summary

AI-generated summary

Updated

Banco Santander (Brasil) (BSBR) Officer Jean Paulo Kambourakis Sells Shares

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.