Godinho Domingues Luciane 4
4 · COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Sabesp (SBSP3) Officer Luciane Godinho Receives RSUs, Sells 2,837
What Happened
- Luciane Godinho Domingues (Reg. & Energy Proc. Officer) received 10,317 shares on May 1, 2026 upon conversion/vesting of RSUs. To cover taxes/withholding, 2,837 of those shares were surrendered/disposed at $6.69 per share, generating $18,980. Net shares received from this vesting were about 7,480.
- The filing shows the RSU conversion/exercise (derivative code M) and the tax withholding (code F). This was not an open-market sale by the insider; the 2,837 shares were withheld to satisfy tax obligations.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 15, 2026 (14 days after the transactions).
- Converted/vested: 10,317 shares (derivative exercise/conversion, code M).
- Tax withholding/disposed: 2,837 shares at $6.69 each = $18,980 (code F).
- Net shares retained from vesting: ~7,480 shares.
- Footnote: These shares come from an April 29, 2025 grant of 41,255 RSUs that vest pro rata on May 1 of 2026–2029 (each RSU = right to one common share).
- Filing notes: amounts reflect recent events exempt from Section 16(a) (dividend equivalents accrual, a March 2026 capital increase, and an April 2026 stock split). Issuer is a foreign private issuer; insider transactions are noted as exempt from Sections 16(b) and 16(c).
Context
- This was an RSU vesting event with a tax-withholding disposition (a common, routine occurrence). The insider did not make an open-market purchase or sale for cash—shares were surrendered to cover taxes.
- Because the filing was posted May 15 for May 1 transactions (outside the typical 2-business-day Form 4 window), retail investors may want to note the timing; the filing itself explains certain events and exemptions tied to the issuer's foreign private issuer status.
Insider Transaction Report
Form 4
Godinho Domingues Luciane
Reg. & Energy Proc. Officer
Transactions
- Exercise/Conversion
Common Shares
[F1]2026-05-01+10,317→ 10,317 total - Tax Payment
Common Shares
2026-05-01$6.69/sh−2,837$18,980→ 7,480 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-05-01−10,317→ 30,941 total→ Common Shares (10,317 underlying)
Footnotes (1)
- [F1]On April 29, 2025, the reporting person was granted an aggregate of 41,255 restricted stock units ("RSUs"), vesting pro rata on each of May 1, 2026, May 1, 2027, May 1, 2028 and May 1, 2029, subject to continued service as an officer of the issuer. Each RSU represents the contingent right to receive one Common Share of the Issuer upon vesting.
Signature
/s/ Beatriz Caroline de Sousa Daher, as attorney-in-fact for Luciane Godinho Domingues|2026-05-15