Garrido Eduardo Alvarez 4

What Happened
Garrido Eduardo Alvarez, an officer (no specific designation) of Banco Santander (Brasil) S.A. (BSBR), reported the sale of 7,500 common shares on May 20, 2026. The shares were disposed at $5.43 per share for a total proceeds of $40,725. The Form 4 lists the transaction type as a sale (open market or private sale).

Key Details

• Transaction date and price: May 20, 2026 — 7,500 shares at $5.43 each.
• Total proceeds: $40,725 (USD).
• Local-currency equivalent: R$27.17 per share; amounts converted at R$5.0071 per US$1.00 (Brazilian Central Bank rate on May 21, 2026).
• Shares owned after the transaction: Not specified in the information provided.
• Filing date: May 22, 2026 (filed two days after the trade), which is within the typical two-business-day SEC reporting window.
• Footnote: Conversion and per-share BRL amount noted on the filing.

Context
This was a sale (not a purchase or option exercise). Sales by officers can be routine (e.g., diversification, tax or liquidity needs) and are not by themselves a clear signal of company prospects. No indication from the provided filing that this was part of a 10b5‑1 plan or related to option exercises.