Itau Unibanco (ITUB) Director Gon Cesar Nivaldo Receives 20,998-Share Award

What Happened Gon Cesar Nivaldo, a director of Itau Unibanco Holding S.A. (ITUB), was granted 20,998 shares on 2026-05-08. The Form 4 reports the acquisition under code "A" (award/grant) with an acquisition price of $0.00, indicating the shares were issued as compensation rather than a cash purchase.

Key Details

• Transaction date: 2026-05-08 (reported on Form 4 filed 2026-05-11).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 20,998 shares.
• Reported price: $0.00 (no cash paid by insider).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/tax withholding: None noted in the provided excerpt.
• Timeliness: Filed 2026-05-11, within the required reporting window.

Context An "A" code award typically reflects compensation (e.g., restricted stock or RSUs) rather than an open‑market purchase. Such grants compensate service or align long‑term incentives and do not, by themselves, signal the insider’s intention to buy or sell shares. The filing does not indicate whether the shares are vested or immediately tradable.