Banco Santander Brasil: officer de Magalhaes Olivare received 7,145 shares

What happened

• de Magalhaes Ricardo Olivare, an officer without specific designation, received 7,145 shares. The Form 4 lists the transaction as an award/grant (code A) and shows no purchase price or total dollar value.

Key details

• Transaction date and code: Sep 30, 2026 — grant/award/acquisition (A); price: N/A.
• Shares owned after the transaction: not reported in the filing.
• Footnote: the shares were delivered upon vesting and settlement of a long-term incentive award previously granted under the issuer's Long-Term Incentive Plan; no open-market purchase was involved.
• Filing timeliness: not indicated as late in the provided data.

Why it may matter

• This was the delivery of vested award shares, not a market purchase or sale.
• A filing does not show why the insider traded or why the company acted.