Banco Santander (Brasil) Officer Fasoli Franco Luigi Sells 24,600 Shares

What Happened Fasoli Franco Luigi, listed as an officer (no specific designation) of Banco Santander (Brasil) S.A. (BSBR), sold 24,600 common shares in an open-market transaction on August 13, 2026. The shares were disposed at $5.71 each, for a total proceeds of $140,466 (amounts converted from Brazilian reais; see footnote).

Key Details

• Transaction date: 2026-08-13 (sale, code S); filing date: 2026-08-18.
• Price and value: 24,600 shares × $5.71 = $140,466.
• Local-currency note: Equivalent to R$29.59 per share; conversion used R$5.1853 = $1.00 (Brazilian Central Bank rate on Aug 13, 2026).
• Shares owned after transaction: not specified in the provided filing.
• Timeliness: The Form 4 was filed Aug 18 for an Aug 13 transaction, which appears later than the standard two-business-day filing window.

Context This was a sale (not a purchase or option exercise). Sales by officers can be routine (e.g., portfolio rebalancing or liquidity needs) and do not by themselves indicate company outlook; no motivation was stated in the filing.