Bank Bradesco (NYSE: BBD) director files Form 3 showing direct and family-held shares
Rhea-AI Filing Summary
BANK BRADESCO director Rubens Aguiar Alvarez filed an initial ownership report showing holdings in the bank’s shares. He directly owns 217,731 preference shares (BBDC4) and is reported with indirect holdings of 214,984 preference shares BBDC4 and 30,250 common shares BBDC3 held by family members in the same household, with a disclaimer of beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Alvarez Rubens Aguiar
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Preference shares - BBDC4 | -- | -- | -- |
| holding | Preference shares - BBDC4 | -- | -- | -- |
| holding | Common shares - BBDC3 | -- | -- | -- |
Holdings After Transaction:
Preference shares - BBDC4 — 217,731 shares (Direct);
Preference shares - BBDC4 — 214,984 shares (Indirect, Shares held by family members living in same household as reporting person);
Common shares - BBDC3 — 30,250 shares (Indirect, Shares held by family members living in same household as reporting person)
Footnotes (1)
- F1. Reporting person disclaims any beneficial ownership
Key Figures
Direct preference shares: 217,731 shares
Indirect preference shares: 214,984 shares
Indirect common shares: 30,250 shares
3 metrics
Direct preference shares
217,731 shares
Preference shares BBDC4 held directly after reported holdings
Indirect preference shares
214,984 shares
Preference shares BBDC4 held by household family members
Indirect common shares
30,250 shares
Common shares BBDC3 held by household family members
Key Terms
Preference shares, Common shares, beneficial ownership, indirect ownership
4 terms
beneficial ownership financial
"Reporting person disclaims any beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect ownership financial
"Shares held by family members living in same household as reporting person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the BANK BRADESCO (BBD) Form 3 filing by Rubens Aguiar Alvarez show?
The Form 3 shows Rubens Aguiar Alvarez’s initial reported holdings in BANK BRADESCO shares. It lists direct preference shares and additional common and preference shares held indirectly through family members in the same household, together with a disclaimer of beneficial ownership.
What indirect BANK BRADESCO (BBD) holdings are reported for Rubens Aguiar Alvarez?
The filing reports 214,984 preference shares BBDC4 and 30,250 common shares BBDC3 as indirect holdings. These are described as shares held by family members living in the same household, and the reporting person disclaims any beneficial ownership over these indirectly attributed positions.
Does the BANK BRADESCO (BBD) Form 3 indicate any insider buying or selling?
The Form 3 does not show insider buying or selling; it records existing holdings. All three entries are classified as holdings with unknown transaction codes, reflecting share positions rather than new market transactions or option exercises by Rubens Aguiar Alvarez.
What does ‘disclaims any beneficial ownership’ mean in this BANK BRADESCO (BBD) filing?
The phrase indicates Rubens Aguiar Alvarez does not affirm economic or voting control over certain reported shares. In this case, indirect holdings are described as held by family members in the same household, and the disclaimer clarifies limits on his claimed beneficial ownership in those positions.