Orestes Vanzo Carlos 4

What Happened
Orestes Vanzo Carlos, SMEs Officer (retail segment) at Itau Unibanco Holding S.A. (ITUB), sold 60,000 shares on July 7, 2026. The filing reports a per-share price of $8.24 (price was denominated in Brazilian reais and translated to USD), for a total of $494,400 (approximately R$2,544,084 using the reported exchange rate).

Key Details

• Transaction type: Sale (open market or private sale), Form 4 reported July 8, 2026.
• Transaction date and price: July 7, 2026 — 60,000 shares at $8.24 per share (price originally in BRL; converted at R$5.1458 = US$1).
• Total value: $494,400 (approx. R$2,544,084).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Price was denominated in Brazilian reais and translated to USD using the Central Bank of Brazil selling rate on July 7, 2026 (R$5.1458 per US$1.00).
• Timeliness: Filing was submitted the next day (July 8, 2026), which is within the standard Form 4 reporting window.

Context
This was a sale (not a purchase); sales by officers are often routine (e.g., portfolio management, personal liquidity or tax reasons) and do not by themselves indicate company performance. The filing does not show option exercises, gifts, or 10% owner status related to this transaction.