Banco Santander (Brasil) Officer Queiroz Celso Sells 29,299 Shares
$BSBR · Banco Santander (Brasil) S.A.Research Summary
AI-generated summary of this SEC filing
Banco Santander (Brasil) Officer Queiroz Celso Sells 29,299 Shares
What Happened
Queiroz Celso Mateus De, an officer (no specific designation) of Banco Santander (Brasil) S.A. (BSBR), disposed of 29,299 ordinary shares on August 6, 2026. The shares were sold at $5.78 each for total proceeds of $169,348. The filing lists the sale as an open-market or private sale; amounts were converted from Brazilian reais (R$29.49 per share) using an exchange rate of R$5.1011 per US$1.00 (Brazilian Central Bank rate on Aug 6, 2026).
Key Details
- Transaction date: 2026-08-06
- Price per share: $5.78 (equivalent to R$29.49 per share)
- Total proceeds: $169,348
- Transaction type/code: Sale (S) — open market or private sale
- Shares owned after transaction: Not disclosed in this filing
- Filing date/accession: Form 4 filed on 2026-08-11 (accession 0001292814-26-004202). See the full filing for any late-filing notation.
Context
This was an outright sale. Sales by officers are common for liquidity or portfolio management and do not by themselves indicate a change in company prospects; purchases tend to be more informative about insider sentiment. No option exercises, awards, tax-withholding, or 10b5-1 plan were noted in the summarized transaction.