Banco Santander (Brasil) S.A. (BSBR) officer reports sale of 17,800 units
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. officer Nicolas Vergara reported a sale of 17,800 UNIT - SANB11 on August 11, 2026. The units were sold at $5.74 per unit, equivalent to R$29.43 per share using an exchange rate of R$5.1279 per US$1.00, in a sale classified as an open market or private transaction. Following this transaction, Vergara directly holds 29,138 units. The transaction was not marked as being executed under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,800 shares
Net Sell
1 txn
Insider
Vergara Nicolas
Role
Officer w/o Specific Desig
Sold
17,800 shs ($102K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | UNIT - SANB11 F1 | 17,800 | $5.74 | $102K |
Holdings After Transaction:
UNIT - SANB11 — 29,138 shares (Direct)
Footnotes (1)
- F1. Equivalent to R$29.43 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.1279 per U.S.$1.00 as reported by Brazilian Central Bank on August 11, 2026.
Key Figures
Units sold: 17,800 units
Sale price per unit: $5.74 per unit
Local currency equivalent price: R$29.43 per share
+2 more
5 metrics
Units sold
17,800 units
Non-derivative UNIT - SANB11 sold on August 11, 2026
Sale price per unit
$5.74 per unit
Sale in open market or private transaction
Local currency equivalent price
R$29.43 per share
Converted using R$5.1279 per US$1.00 on August 11, 2026
Exchange rate
R$5.1279 per US$1.00
Rate from Brazilian Central Bank on August 11, 2026
Holdings after transaction
29,138 units
Total direct UNIT - SANB11 held after the sale
Key Terms
UNIT - SANB11, non-derivative, Rule 10b5-1 trading plan, Brazilian Central Bank, +1 more
5 terms
UNIT - SANB11 financial
"The security traded was classified as UNIT - SANB11, a non-derivative security."
non-derivative financial
"The UNIT - SANB11 was described as a non-derivative security in the transaction."
Rule 10b5-1 trading plan regulatory
"The transaction was not marked as being executed under a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Brazilian Central Bank financial
"The exchange rate was reported by the Brazilian Central Bank on August 11, 2026."
exchange rate financial
"An exchange rate of R$5.1279 per US$1.00 was used to convert the price."
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.
FAQ
What did Nicolas Vergara sell in Banco Santander (Brasil) S.A. (BSBR)?
Nicolas Vergara sold 17,800 UNIT - SANB11 of Banco Santander (Brasil) S.A. The transaction was reported as a sale in open market or private transaction and involved non-derivative securities.
At what price were the BSBR units sold by Nicolas Vergara?
The 17,800 units were sold at $5.74 per unit. A related footnote states this is equivalent to R$29.43 per share, using an exchange rate of R$5.1279 per US$1.00 from the Brazilian Central Bank on August 11, 2026.
How many BSBR units does Nicolas Vergara hold after this transaction?
After the sale, Nicolas Vergara directly holds 29,138 UNIT - SANB11. This figure reflects his total direct holdings following the reported transaction on August 11, 2026.
Was the BSBR insider sale by Nicolas Vergara under a Rule 10b5-1 plan?
The filing indicates the transaction was not conducted under a Rule 10b5-1 trading plan. The specific 10b5-1 checkbox was left unchecked, and no footnote describes a pre-arranged trading arrangement.
What exchange rate was used to convert the BSBR transaction price?
The filing uses an exchange rate of R$5.1279 per US$1.00. Based on this rate, the $5.74 per unit sale price was stated as equivalent to R$29.43 per share, as reported by the Brazilian Central Bank on August 11, 2026.
What type of security did Nicolas Vergara trade for BSBR?
Nicolas Vergara traded UNIT - SANB11, classified as a non-derivative security of Banco Santander (Brasil) S.A. The transaction code was S, indicating a sale in an open market or private transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.