Banco Santander (Brasil) Officer Ishii Michele Soares Sells 800 Shares

What Happened
Ishii Michele Soares, an officer (no specific title listed) of Banco Santander (Brasil) S.A. (BSBR), sold 800 common shares on September 24, 2026. The shares were disposed at $5.67 each for a total of $4,536. The filing notes the equivalent local currency price was R$29.36 per share (conversion at R$5.1789 = $1.00 on 2026-09-24).

Key Details

• Transaction date and price: 2026-09-24, sale of 800 shares at $5.67 per share (total $4,536). Transaction code: S (sale).
• Shares owned after transaction: Not reported in the provided excerpt of the filing.
• Footnote: Amounts converted using Brazilian Central Bank rate R$5.1789 per U.S.$1 on 2026-09-24 (R$29.36 per share). (Footnote F1)
• Filing date: Form 4 was filed 2026-09-28 (four days after the trade); Form 4s are generally due within two business days, so review the full filing for any late-filing disclosures or explanations.

Context
This was a sale (disposition), which is often routine and does not by itself indicate management sentiment about the company. No information in the provided excerpt indicates a 10b5-1 plan, option exercise, tax withholding, or other special circumstances. For retail investors, purchases typically carry clearer signals than routine sales; consider this trade alongside other insider activity and company fundamentals.