Banco Santander Brasil officer sells 12,000 units

Banco Santander (Brasil) S.A. officer Ishii Michele Soares reported an open-market sale of 12,000 Units - SANB11 on March 24, 2026 at $5.95 per unit.

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Form Type

Rhea-AI Filing Summary

Banco Santander (Brasil) S.A. officer Ishii Michele Soares reported an open-market sale of 12,000 Units - SANB11 on March 24, 2026 at $5.95 per unit. After this transaction, the filing shows direct ownership of 14.1030 units.

A footnote states the sale price was equivalent to R$29.91 per share, using an exchange rate of R$5.0238 per U.S.$1.00 as reported by the Brazilian Central Bank on April 13, 2026.

Insider Trade Summary

Net Seller: 12,000 shares

Net Sell 1 txn

Insider Ishii Michele Soares

Role Officer w/o Specific Desig

Sold 12,000 shs ($71K)

Type	Security	Shares	Price	Value
Sale	Unit - SANB11	12,000	$5.95	$71K

Holdings After Transaction: Unit - SANB11 — 14.103 shares (Direct)

Footnotes (1)

F1. Equivalent to R$29.91 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.0238 per U.S.$1.00 as reported by Brazilian Central Bank on April 13, 2026.

Key Figures

Units sold: 12,000 Units - SANB11 Sale price: $5.95 per unit Post-transaction holdings: 14.1030 units +2 more

5 metrics

Units sold 12,000 Units - SANB11 Open-market sale on March 24, 2026

Sale price $5.95 per unit Price for Units - SANB11 in reported sale

Post-transaction holdings 14.1030 units Direct ownership after sale

Local price equivalent R$29.91 per share Converted from U.S. dollars using stated exchange rate

Exchange rate R$5.0238 per U.S.$1.00 Brazilian Central Bank rate on April 13, 2026

Key Terms

open-market sale, Unit - SANB11, exchange rate of R$ 5.0238 per U.S.$1.00

3 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Unit - SANB11 financial

"security_title: "Unit - SANB11""

exchange rate of R$ 5.0238 per U.S.$1.00 financial

"exchange rate of R$ 5.0238 per U.S.$1.00 as reported"

FAQ

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

What insider transaction did Banco Santander (Brasil) BSBR report for Ishii Michele Soares?

Banco Santander (Brasil) BSBR reported that officer Ishii Michele Soares executed an open-market sale of 12,000 Units - SANB11. The transaction occurred on March 24, 2026, and was reported as a direct ownership sale in the Form 4 filing.

At what price were the Banco Santander (Brasil) BSBR units sold in this Form 4?

The 12,000 Units - SANB11 of Banco Santander (Brasil) BSBR were sold at $5.95 per unit. A footnote explains this was equivalent to R$29.91 per share, using an exchange rate of R$5.0238 per U.S.$1.00 from April 13, 2026.

How many Banco Santander (Brasil) BSBR units does Ishii Michele Soares hold after the reported sale?

After the reported open-market sale, the filing states that Ishii Michele Soares directly holds 14.1030 Units - SANB11 of Banco Santander (Brasil) BSBR. This reflects the position remaining following the 12,000-unit sale disclosed in the Form 4.

What type of security was traded in the Banco Santander (Brasil) BSBR Form 4 filing?

The Form 4 filing shows trading in a security described as Unit - SANB11 for Banco Santander (Brasil) BSBR. These units were sold in an open-market transaction, with 12,000 units disposed of by officer Ishii Michele Soares on March 24, 2026.

How was the local currency value calculated in the Banco Santander (Brasil) BSBR Form 4?

The local currency value was based on R$29.91 per share, according to the footnote. This amount used an exchange rate of R$5.0238 per U.S.$1.00, reported by the Brazilian Central Bank on April 13, 2026, to convert U.S. dollar figures.

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Accepted by SEC EDGAR 04/16/2026 - 06:00 PM EDT

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^*

Ishii Michele Soares

(Last)

(First)

(Middle)

AV PRESIDENTE JUSCELINO KUBITSCHEK, 2041

CJ 281, BLOCO A, COND. WTORRE JK

(Street)

SAO PAULO

04543-011

(City)

(State)

(Zip)

BRAZIL

(Country)

2. Issuer Name and Ticker or Trading Symbol
Banco Santander (Brasil) S.A. [ BSBR ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Officer w/o Specific Desig

2a. Foreign Trading Symbol
[UNIT - SANB11]

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Unit - SANB11	03/24/2026		S		12,000	D	$5.95⁽¹⁾	14.103	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Equivalent to R$29.91 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.0238 per U.S.$1.00 as reported by Brazilian Central Bank on April 13, 2026.

	/s/ Michele Soares Ishii	04/14/2026
	** 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)

Source: View Original Filing on SEC EDGAR