Santander Brasil officer buys 79 units at $5.76
In a Form 4, Santander Brasil reported insider trades totaling 79 and 7,474 units that were not made under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. (BSBR) officer Marcos Jose Maia da Silva reported two non-derivative transactions in UNIT - SANB11 on August 28, 2026. He purchased 79 units at $5.76 per unit, equivalent to R$29.97, and separately reported a transaction involving 7,474 units at $5.74 per unit, equivalent to R$29.90, both using an exchange rate of R$5.1999 per US$1.00 from the Brazilian Central Bank. The filing indicates these trades were not made under a Rule 10b5-1 trading plan.
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: $5.7600 per unit
Second transaction units: 7,474 units
+5 more
8 metrics
Units purchased
79 units
Purchase of UNIT - SANB11 on August 28, 2026
Purchase price per unit
$5.7600 per unit
79 UNIT - SANB11 on August 28, 2026; equivalent to R$29.97
Second transaction units
7,474 units
Transaction in UNIT - SANB11 on August 28, 2026
Second transaction price per unit
$5.7400 per unit
7,474 UNIT - SANB11; equivalent to R$29.90
Local currency price per unit (first transaction)
R$29.97 per unit
Converted to U.S. dollars using R$5.1999 per US$1.00
Local currency price per unit (second transaction)
R$29.90 per unit
Converted to U.S. dollars using R$5.1999 per US$1.00
Exchange rate
R$5.1999 per US$1.00
Rate from Brazilian Central Bank on August 28, 2026 used for conversions
Net reported buy-sell shares
79 units
Net buy direction across reported transactions
Key Terms
UNIT - SANB11, exchange rate, Brazilian Central Bank
3 terms
UNIT - SANB11 financial
"security_title: "UNIT - SANB11""
exchange rate financial
"Amounts presented were converted into U.S. dollars at the exchange rate"
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 regulatory
"as reported by Brazilian Central Bank on August 28, 2026"
FAQ
What insider transactions did BSBR officer Marcos Jose Maia da Silva report?
He reported two UNIT - SANB11 transactions on August 28, 2026: a purchase of 79 units at $5.76 per unit and another transaction involving 7,474 units at $5.74 per unit, both based on Brazilian real values converted to U.S. dollars.
What prices were paid in the BSBR Form 4 transactions on August 28, 2026?
The filing shows transactions in UNIT - SANB11 at $5.76 per unit for 79 units and $5.74 per unit for 7,474 units. Footnotes state these correspond to R$29.97 and R$29.90 per unit, converted using R$5.1999 per US$1.00.
Were the BSBR insider transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so the reported UNIT - SANB11 transactions on August 28, 2026, were not pursuant to a Rule 10b5-1 trading plan.
What exchange rate did BSBR use to convert the Form 4 transaction prices?
The footnotes state an exchange rate of R$5.1999 per US$1.00, as reported by the Brazilian Central Bank on August 28, 2026. This rate was used to convert the R$29.97 and R$29.90 per-unit prices into U.S. dollars.
What securities were involved in the BSBR insider transactions?
Both transactions involved UNIT - SANB11, a unit security of Banco Santander (Brasil) S.A. On August 28, 2026, the officer reported activity in 79 units at $5.76 and 7,474 units at $5.74 per unit.
AI-generated analysis. How Rhea-AI works. Not financial advice.