Santander Brasil officer sells 7,474 units
An officer of Banco Santander (Brasil) S.A. reported same-day purchases and larger sales of UNIT - SANB11 on August 28, 2026, at prices around R$29.9 per unit.
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. (BSBR) officer Marcos Jose Maia da Silva reported mixed trades in UNIT - SANB11 on August 28, 2026. He purchased 79 units at $5.76 per unit and sold 7,474 units at $5.74 per unit, both prices equivalent to about R$29.9 per unit using an exchange rate of R$5.1999 per US$1.00. No Rule 10b5-1 trading plan is indicated, and post-transaction holdings are not stated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,395 shares
Net Sell
2 txns
Insider
da Silva Marcos Jose Maia
Role
Officer w/o Specific Desig
Bought
79 shs ($455.04)
Sold
7,474 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | UNIT - SANB11 F1 | 79 | $5.76 | $455.04 |
| Sale | UNIT - SANB11 F2 | 7,474 | $5.74 | $43K |
Holdings After Transaction:
UNIT - SANB11 — 42,900.76 shares (Direct)
Footnotes (2)
- F1. Equivalent to R$ 29.97 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.1999 per U.S.$1.00 as reported by Brazilian Central Bank on August 28, 2026.
- F2. Equivalent to R$ 29.90 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.1999 per U.S.$1.00 as reported by Brazilian Central Bank on August 28, 2026.
Key Figures
Units purchased: 79 units
Purchase price per unit: $5.76 per unit
Units sold: 7,474 units
+3 more
6 metrics
Units purchased
79 units
UNIT - SANB11 purchased by officer on August 28, 2026
Purchase price per unit
$5.76 per unit
UNIT - SANB11 purchase on August 28, 2026; equivalent to R$29.97
Units sold
7,474 units
UNIT - SANB11 sold by officer on August 28, 2026
Sale price per unit
$5.74 per unit
UNIT - SANB11 sale on August 28, 2026; equivalent to R$29.90
Exchange rate
R$5.1999 per US$1.00
Brazilian Central Bank rate used for August 28, 2026 price conversion
Net units sold
7,395 units
Net of 7,474 units sold and 79 units purchased on August 28, 2026
Key Terms
Rule 10b5-1, UNIT - SANB11, exchange rate, Brazilian Central Bank
4 terms
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is indicated"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
UNIT - SANB11 financial
"trades in UNIT - SANB11 on August 28, 2026"
exchange rate financial
"converted into U.S. dollars at the exchange rate of R$ 5.1999"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
Brazilian Central Bank financial
"as reported by Brazilian Central Bank on August 28, 2026"
FAQ
What insider transactions were reported for BSBR on August 28, 2026?
Officer Marcos Jose Maia da Silva reported a purchase of 79 UNIT - SANB11 at $5.76 per unit and a sale of 7,474 units at $5.74 per unit on August 28, 2026.
Did the BSBR officer have net buying or selling activity in this Form 4/A?
The officer had net selling activity, with 7,474 units sold and 79 units purchased, for a net sale of 7,395 units of UNIT - SANB11 on August 28, 2026.
At what prices did the BSBR insider trade UNIT - SANB11?
The officer bought 79 units at $5.76 per unit and sold 7,474 units at $5.74 per unit. Footnotes state these correspond to about R$29.97 and R$29.90 per unit using an exchange rate of R$5.1999 per US$1.00.
Were the BSBR insider transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan; the related checkbox is not marked, and the footnotes describe only currency conversion details, not any pre-arranged trading arrangement.
Does the Form 4/A state the BSBR officer’s holdings after these trades?
No. The non-derivative transaction rows list the trades but the total shares following the transaction fields are blank, so resulting UNIT - SANB11 holdings are not specified.
What exchange rate was used to convert BSBR insider trade prices to U.S. dollars?
The footnotes state that prices were converted using an exchange rate of R$5.1999 per US$1.00, as reported by the Brazilian Central Bank on August 28, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.