Tavares de Sousa Samanta I.S. 4/A
Research Summary
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SABESP (SBS) Officer Samanta Tavares Sells 5,700 Shares
What Happened Samanta Tavares de Sousa, Institutional Relations & Sustainability Officer at Companhia de Saneamento Básico do Estado de Sao Paulo (SABESP, ticker SBS), sold 5,700 shares in an open-market or private sale on May 21, 2026. The reported sale price was $5.72 per share, yielding proceeds of $32,604. This Form 4/A amends the May 27, 2026 Form 4 to correct the price per share reported in Table I.
Key Details
- Transaction date and type: May 21, 2026 — sale (open market or private) of 5,700 shares at $5.72/share.
- Total reported proceeds: $32,604.
- Local-currency conversion: R$28.61 per share; conversion used R$5.0046 per US$1.00 (Brazilian Central Bank rate on May 21, 2026).
- Filing notes: Original Form 4 filed May 27, 2026; this Form 4/A filed June 17, 2026 to correct the per‑share price.
- Shares owned after transaction: not reported in this filing.
- Exemption: As a foreign private issuer under Rule 3a12-3(b), the issuer’s insiders’ transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act.
Context This transaction is a straightforward sale by an officer; sales can be routine (e.g., diversification or liquidity needs) and do not necessarily indicate a change in view on the company. The amended filing corrects reporting detail (price per share) rather than the nature of the trade.