Banco Santander (Brasil) Officer Fasoli Franco Luigi Sells 13,707 Shares

What Happened
Fasoli Franco Luigi, listed as an officer (no specific designation) of Banco Santander (Brasil) S.A. (BSBR), reported a sale of 13,707 shares on August 25, 2026. The shares were disposed at $5.76 each, for gross proceeds of $78,952. The Form 4 indicates the transaction type as "open market or private sale" (coded S), which is a sale rather than a purchase.

Key Details

• Transaction date and price: 2026-08-25 — 13,707 shares sold at $5.76 per share; proceeds $78,952.
• Shares owned after transaction: Not specified in this filing.
• Footnote: Amounts converted from Brazilian reais; equivalent price R$29.69/share using exchange rate R$5.1484 per US$1.00 (Brazilian Central Bank rate on 2026-08-25).
• Filing date: 2026-08-27 for a transaction on 2026-08-25 — the Form 4 was filed within the expected two-business-day window (not indicated as late).

Context
This was a straight sale (disposition) reported on Form 4. Sales by officers can be routine (e.g., for diversification or liquidity) and do not by themselves indicate company outlook; purchases are generally more informative about insider conviction. No option exercise, award, or 10b5-1 plan is referenced in this filing.