STOCK TITAN

Santander Brasil (NYSE: BSBR) officer sells 410 units, holds 24,291

(Neutral)
(Neutral)
Form Type
4

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 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)
  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.
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$1.00 Brazilian Central Bank rate on August 13, 2026
Holdings after transaction 24,291 UNIT - SANB11 Total direct ownership following the sale
Net shares sold 410 shares Net-sell direction from transactionSummary
Sale in open market or private transaction financial
"Transaction code description is "Sale in open market or private transaction""
exchange rate financial
"Amounts presented were converted using the exchange rate of R$ 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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Garrido Eduardo Alvarez

(Last)(First)(Middle)
AV PRESIDENTE JUSCELINO KUBITSCHEK, 2041
CJ 281, BLOCO A, COND. WTORRE JK

(Street)
SAO PAULOSAO PAULO04543-011

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Officer w/o Specific Desig
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
UNIT - SANB1108/13/202608/13/2026S410D$5.71(1)24,291D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Eduardo Alvarez Garrido08/13/2026
** Signature of Reporting PersonDate
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)