Banco Santander (Brasil) VP Ede Ilson Sells 50,000 Shares

What Happened

• Viani Ede Ilson, a Vice President and Executive Officer at Banco Santander (Brasil) S.A. (BSBR), sold 50,000 shares on 2026-09-22. The reported sale price was $5.79 per share, for total proceeds of $289,500. The filing reports the sale as an open-market or private sale.

Key Details

• Transaction date and price: 2026-09-22 at $5.79 per share (total $289,500).
• Currency/footnote: Report notes equivalent price of R$29.64 per share; conversion used R$5.1155 per USD (Brazilian Central Bank rate on 2026-09-22).
• Shares owned after transaction: Not specified in the provided filing summary.
• 10b5-1 / plan status: No 10b5-1 plan or tax-withholding note indicated in the data provided.
• Filing date vs. trade date: Form filed 2026-09-29 (7 days after the trade) — this appears later than the typical 2-business-day Form 4 deadline.

Context

• This is a sale, which is often routine (e.g., for diversification or personal liquidity) and does not by itself signal company prospects. No exercise, award, or gift was reported in this transaction.