Banco Santander (Brasil) Officer Vitor Ohtsuki Sells 1,833 Shares

What Happened

• Vitor Ohtsuki, listed as an officer (no specific designation) of Banco Santander (Brasil) S.A. (BSBR), sold 1,833 common shares on June 9, 2026. The reported sale price was $5.27 per share, generating $9,660 in proceeds. The Form 4 classifies the transaction as an open-market or private sale (code S). This was a sale (not a purchase), which is typically routine and does not necessarily indicate a change in insider confidence.

Key Details

• Transaction date and price: June 9, 2026 — 1,833 shares sold at $5.27 per share.
• Total proceeds: $9,660 (USD).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnote: The filing states an equivalent Brazilian-real price of R$27.22 per share; USD amounts were converted using the Brazilian Central Bank rate of R$5.1687 per USD on June 09, 2026.
• Filing/timeliness: Transaction reported on the Form 4 filed June 11, 2026, which is within the SEC’s typical two-business-day reporting window.

Context

• Small-value insider sales like this (roughly $9.7K) are common and often reflect routine liquidity needs or portfolio rebalancing rather than a signal about company fundamentals. Purchases generally carry more weight for investors seeking insider conviction.