Banco Santander (Brasil) Officer Marcos da Silva Sells 7,474 Shares

What Happened
da Silva Marcos Jose Maia, an officer (no specific title listed) of Banco Santander (Brasil) S.A. (BSBR), reported an open-market sale of 7,474 shares at $5.74 per share for proceeds of $42,901 and an open-market purchase of 79 shares at $5.76 per share for $455. Both transactions occurred on August 28, 2026. This filing is an amendment to the original Form 4.

Key Details

• Transaction date: 2026-08-28; Sale: 7,474 shares @ $5.74 (total $42,901); Purchase: 79 shares @ $5.76 (total $455).
• Filing date (amended): 2026-09-02; Period of report: 2026-08-28.
• Footnotes: dollar amounts converted from Brazilian reais — sale price ≈ R$29.90/share (F2), purchase price ≈ R$29.97/share (F1); exchange rate R$5.1999 = $1.00 (Brazilian Central Bank, Aug 28, 2026).
• Shares owned after the transactions: not specified in the provided summary of the filing.
• Transaction types: open-market sale (S) and open-market purchase (P).
• This is an amended Form 4; no 10b5-1 plan, tax-withholding, or late-filing code was reported in the summary provided.

Context

• The sale (much larger dollar amount) is the primary action here; the small purchase is minor in comparison. Sales by insiders can be routine (diversification, liquidity, taxes) and do not by themselves indicate company performance. Purchases are often seen as a stronger bullish signal, but this purchase is small.
• All amounts reported were converted to U.S. dollars for the filing using the Brazilian Central Bank rate on the transaction date.