Banco Santander (Brasil) Nicolas Vergara Sells 17,800 Shares

What Happened
Nicolas Vergara, an officer (no specific title listed) of Banco Santander (Brasil) S.A. (BSBR), sold 17,800 common shares on August 11, 2026. The shares were disposed at $5.74 each, for a total transaction value of $102,172. This was a sale (not a purchase), which is commonly a routine liquidity transaction rather than a direct signal of company prospects.

Key Details

• Transaction date: August 11, 2026
• Transaction type: Sale (open market or private sale)
• Shares sold: 17,800
• Price per share: $5.74
• Total proceeds: $102,172
• Shares owned after transaction: Not specified in this filing
• Footnote: The Brazilian-reais equivalent was R$29.43/share; amounts converted using exchange rate R$5.1279 per US$1.00 (Brazilian Central Bank, Aug 11, 2026)
• Filing timeliness: Form 4 filed Aug 13, 2026 — within the standard two-business-day reporting window

Context

• This filing reports a straightforward sale; no option exercise, grant, or 10b5-1 plan is indicated in the filing.
• Sales by officers can be routine (diversification or personal liquidity). This report is factual disclosure of the transaction only and does not indicate insider intent.