Santander Brasil (NYSE: BSBR) officer sells 410 units, holds 24,291
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. (BSBR) reported an insider sale by officer Eduardo Alvarez Garrido. On August 13, 2026, he sold 410 UNIT - SANB11 at $5.71 per unit, equivalent to R$29.62 using an exchange rate of R$5.1853 per US$1.00. After this open-market or private transaction, he directly holds 24,291 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 410 shares
Net Sell
1 txn
Insider
Garrido Eduardo Alvarez
Role
Officer w/o Specific Desig
Sold
410 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | UNIT - SANB11 F1 | 410 | $5.71 | $2K |
Holdings After Transaction:
UNIT - SANB11 — 24,291 shares (Direct)
Footnotes (1)
- F1. Equivalent to R$29.62 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.1853 per U.S.$1.00 as reported by Brazilian Central Bank on August 13, 2026.
Key Figures
Units sold: 410 UNIT - SANB11
Sale price per unit: $5.71 per unit
BRL equivalent price: R$29.62 per share
+3 more
6 metrics
Units sold
410 UNIT - SANB11
Non-derivative sale on August 13, 2026
Sale price per unit
$5.71 per unit
Reported transaction price per share for the sale
BRL equivalent price
R$29.62 per share
Footnote currency conversion for the sale price
Exchange rate
R$5.1853 per US$1.00
Brazilian Central Bank rate on August 13, 2026
Holdings after transaction
24,291 UNIT - SANB11
Total direct ownership following the sale
Net shares sold
410 shares
Net-sell direction from transactionSummary
Key Terms
Sale in open market or private transaction, exchange rate, Brazilian Central Bank, non-derivative
4 terms
Sale in open market or private transaction financial
"Transaction code description is "Sale in open market or private transaction""
exchange rate financial
"Amounts presented were converted using the exchange rate of R$ 5.1853 per U.S.$1.00"
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
"Rate as reported by Brazilian Central Bank on August 13, 2026"
non-derivative financial
"Transaction type is classified as non-derivative for UNIT - SANB11"
FAQ
What insider transaction did BSBR report for Eduardo Alvarez Garrido?
Banco Santander (Brasil) S.A. reported that officer Eduardo Alvarez Garrido sold 410 UNIT - SANB11 on August 13, 2026. The transaction was reported as a sale in open market or private transaction under a Form 4 filing.
How many BSBR SANB11 units did the insider sell and at what price?
He sold 410 UNIT - SANB11 at a price of $5.71 per unit. A footnote states this corresponds to R$29.62 per share, using an exchange rate of R$5.1853 per US$1.00 from the Brazilian Central Bank.
What are Eduardo Alvarez Garrido’s BSBR holdings after this transaction?
Following the sale, Eduardo Alvarez Garrido directly holds 24,291 UNIT - SANB11. This figure is reported as the total shares following the transaction in the Form 4, reflecting his remaining direct ownership position.
Was the BSBR insider sale made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the transaction is not reported as made under a Rule 10b5-1 plan. No footnote describes it as pursuant to a pre-arranged trading arrangement.
Did the BSBR Form 4 report any derivative securities for this insider?
No derivative securities are reported for this transaction; the Form 4 derivative section is empty. The filing shows only one non-derivative transaction in UNIT - SANB11 and no remaining derivative positions in the derivativeSummary.
How much BSBR stock did the insider sell in total on August 13, 2026?
On August 13, 2026, the insider sold a total of 410 UNIT - SANB11. At a reported price of $5.71 per unit, this reflects a modest net-sell transaction as summarized in the filing’s transactionSummary section.
AI-generated analysis. How Rhea-AI works. Not financial advice.