Macro Bank director buys 1,500 ADS at $68

A director of Macro Bank Inc. disclosed a late-reported open-market purchase of 1,500 ADS at $68.266 each.

Rhea-AI Filing Summary

Macro Bank Inc. (BMA) director Marcos Brito reported purchasing 1,500 American depositary shares on March 19, 2026, at $68.266 per share in an open-market or private transaction. Following this purchase, he holds 1,500 ADS directly and has a proportionate, indirectly held interest in 1,244 ADS through Sanbay S.A., for which he disclaims beneficial ownership beyond his pecuniary interest. Each ADS represents ten Class B ordinary shares of Banco Macro S.A. The filing notes it was submitted late due to an inadvertent administrative error and that no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 1,500 shares

Net Buy 2 txns

Insider Brito Marcos

Role Director

Bought 1,500 shs ($102K)

Type	Security	Shares	Price	Value
Purchase	American Depositary shares F1	1,500	$68.266	$102K
holding	American Depositary shares F1, F2	--	--	--

Holdings After Transaction: American Depositary shares — 1,500 shares (Direct); American Depositary shares — 1,244 shares (Indirect, By Sanbay S.A.)

Footnotes (2)

1. F1. Each American depositary share represents ten (10) Class B ordinary shares of Banco Macro S.A.
2. F2. The reported amount represents the Reporting Person's proportionate interest in securities held by Sanbay S.A. The Reporting Person disclaims beneficial ownership of the securities held by Sanbay S.A. except to the extent of such Reporting Person's pecuniary interest therein.

Key Figures

ADS purchased: 1,500 shares Purchase price per ADS: $68.266 per share Direct ADS holdings after transaction: 1,500 shares +2 more

5 metrics

ADS purchased 1,500 shares American depositary shares purchased by director on March 19, 2026

Purchase price per ADS $68.266 per share Price paid for 1,500 ADS on March 19, 2026

Direct ADS holdings after transaction 1,500 shares Directly owned by Marcos Brito following the reported purchase

Indirect ADS holdings via Sanbay S.A. 1,244 shares ADS held by Sanbay S.A. in which Marcos Brito has a proportionate pecuniary interest

Underlying ordinary shares per ADS 10 Class B ordinary shares per ADS Each American depositary share corresponds to 10 Class B ordinary shares of Banco Macro S.A.

Key Terms

American depositary share, beneficial ownership, pecuniary interest, indirect ownership

4 terms

American depositary share financial

"Each American depositary share represents ten (10) Class B ordinary shares"

An American Depositary Share (ADS) is a U.S.-listed certificate that represents a specified number of shares in a foreign company, held by a custodian bank; it works like a receipt that allows U.S. investors to buy and trade foreign equity on American exchanges without dealing with another country’s markets. Investors care because ADSs make foreign stocks easier to access, improve liquidity and settlement in dollars, and can affect dividend payments, voting rights and regulatory oversight compared with buying the underlying foreign shares directly.

beneficial ownership financial

"The Reporting Person disclaims beneficial ownership of the securities held"

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.

pecuniary interest financial

"except to the extent of such Reporting Person's pecuniary interest therein"

indirect ownership financial

"Indirect ownership nature described as 'By Sanbay S.A.'"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Macro Bank Inc. (BMA) report for Marcos Brito?

The company reported that director Marcos Brito purchased 1,500 American depositary shares on March 19, 2026 in an open-market or private transaction at $68.266 per share, resulting in 1,500 ADS held directly after the transaction.

How many Macro Bank Inc. (BMA) ADS does Marcos Brito own after this Form 4 transaction?

After the reported transaction, Marcos Brito holds 1,500 ADS directly and has a proportionate, indirect interest in 1,244 ADS held by Sanbay S.A., for which he disclaims beneficial ownership except to the extent of his pecuniary interest.

At what price did Marcos Brito buy Macro Bank Inc. (BMA) ADS on March 19, 2026?

He purchased 1,500 American depositary shares at a price of $68.266 per share on March 19, 2026 in an open-market or private transaction, according to the Form 4 disclosure.

Were Marcos Brito’s Macro Bank Inc. (BMA) trades under a Rule 10b5-1 plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for these transactions, meaning the reported purchase was not affirmatively identified as made under a pre-arranged trading plan.

Why was the Form 4 for Macro Bank Inc. (BMA) filed late for this transaction?

The remarks state that the transaction is being reported late due to an inadvertent administrative error. The filing also references a previously filed Power of Attorney as Exhibit 24.

What does each Macro Bank Inc. (BMA) American depositary share represent?

Each American depositary share (ADS) represents ten (10) Class B ordinary shares of Banco Macro S.A., as disclosed in the footnotes to the Form 4.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 05:33 PM Accepted by SEC EDGAR 09/16/2026 - 05:33 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brito Marcos

(Last) (First) (Middle)

AV. EDUARDO MADERO 1182

(Street)

BUENOS AIRES C1106ACY

(City) (State) (Zip)

ARGENTINA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Macro Bank Inc. [ BMA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[BMA]

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
American Depositary shares(1)	03/19/2026		P		1,500	A	$68.266	1,500	D
American Depositary shares(1)								1,244	I	By Sanbay S.A.(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each American depositary share represents ten (10) Class B ordinary shares of Banco Macro S.A.

2. The reported amount represents the Reporting Person's proportionate interest in securities held by Sanbay S.A. The Reporting Person disclaims beneficial ownership of the securities held by Sanbay S.A. except to the extent of such Reporting Person's pecuniary interest therein.

Remarks:

This transaction is being reported late due to an inadvertent administrative error. Exhibit 24 - Power of Attorney (previously filed as Exhibit 24 to Form 3 dated March 18, 2026.)

	/s/ Paola Beatriz Gayoso, as Attorney-in-Fact for Marcos Brito	09/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)