4Filed Aug 5, 8:00 PM ET

Banco Santander (Brasil) Officer Rezende Robson de Souza Sells Shares

$BSBR · Banco Santander (Brasil) S.A.

Research Summary

AI-generated summary of this SEC filing

Updated

Banco Santander (Brasil) Officer Rezende Robson de Souza Sells Shares

What Happened
Rezende Robson de Souza, an officer of Banco Santander (Brasil) S.A. (BSBR), disposed of 39,874 common shares in an open-market/private sale on August 4, 2026. The shares were sold at $5.70 each, for a total proceeds amounting to $227,282 (see footnote for BRL conversion).

Key Details

  • Transaction date: 2026-08-04
  • Transaction type/code: Sale (S) — open market or private sale
  • Price per share: $5.70
  • Total proceeds: $227,282
  • Footnote: Equivalent to R$29.09 per share; amounts converted at R$5.1047 per USD (Brazilian Central Bank rate on Aug 4, 2026). (F1)
  • Shares owned after transaction: Not disclosed in the filing
  • Filing date: 2026-08-06 — filed within the standard Form 4 reporting window (no late-filing flag noted)

Context
This was a sale (disposition) of existing shares. Sales by officers can be routine (e.g., diversification, taxes, or liquidity needs) and do not necessarily indicate a change in company outlook; purchases are generally considered more informative about insider sentiment. No 10b5-1 plan, option exercise, award, or other special conditions were reported in this filing.