STOCK TITAN

Santander Brasil (NYSE: BSBR) officer sale not under 10b5-1 plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Banco Santander (Brasil) S.A. (BSBR) reported that officer Fasoli Franco Luigi sold 24,600 units ("UNIT - SANB11") on August 13, 2026 in an open market or private transaction. The units were sold at $5.71 per unit, equivalent to R$29.59 per unit using an exchange rate of R$5.1853 per US$1.00. After this sale, the officer directly holds 80,443 units. The filing indicates the transaction was not made under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Fasoli Franco Luigi
Role Officer w/o Specific Desig
Sold 24,600 shs ($140K)
Type Security Shares Price Value
Sale UNIT - SANB11 F1 24,600 $5.71 $140K
Holdings After Transaction: UNIT - SANB11 — 80,443 shares (Direct)
Footnotes (1)
  1. F1. Equivalent to R$29.59 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.1853 per U.S.$1.00 as reported by Brazilian Central Bank on August 13, 2026.
Units sold 24,600 units Non-derivative sale of UNIT - SANB11 on August 13, 2026
Sale price per unit $5.71 per unit Reported transaction price for UNIT - SANB11
Local currency equivalent R$29.59 per unit Equivalent of the $5.71 sale price per unit
Exchange rate R$5.1853 per US$1.00 Brazilian Central Bank rate on August 13, 2026 used for conversion
Holdings after transaction 80,443 units Direct ownership of UNIT - SANB11 after the sale
Net shares sold 24,600 units Net selling activity reported in this Form 4
UNIT - SANB11 financial
"security_title shows the non-derivative security as UNIT - SANB11"
sale in open market or private transaction financial
"transaction_code_description states sale in open market or private transaction"
Rule 10b5-1 regulatory
"aff_10b5_one field indicates status of Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
exchange rate financial
"footnote explains amounts converted using an exchange rate of R$ 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.

FAQ

What insider transaction did BSBR report for Fasoli Franco Luigi on August 13, 2026?

BSBR reported that officer Fasoli Franco Luigi sold 24,600 UNIT - SANB11 on August 13, 2026. The sale was reported as a sale in open market or private transaction and not under a Rule 10b5-1 plan.

At what price were the BSBR units sold in the August 13, 2026 insider transaction?

The BSBR units were sold at $5.71 per unit on August 13, 2026. A footnote states this is equivalent to R$29.59 per unit, using an exchange rate of R$5.1853 per US$1.00 from the Brazilian Central Bank.

How many BSBR units does Fasoli Franco Luigi hold after the reported sale?

After the reported sale, Fasoli Franco Luigi directly holds 80,443 units of BSBR (UNIT - SANB11). This figure reflects the position following the 24,600-unit sale disclosed for August 13, 2026.

Was the August 13, 2026 BSBR insider sale made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is unchecked, and there is no footnote indicating a plan. This means the 24,600-unit sale was not affirmatively reported as executed under a pre-arranged trading plan.

What currency exchange rate was used to translate the BSBR insider sale price?

The translation used an exchange rate of R$5.1853 per US$1.00. This rate, reported by the Brazilian Central Bank for August 13, 2026, makes the $5.71 per unit sale price equivalent to R$29.59 per unit.

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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*
Fasoli Franco Luigi

(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 - SANB1108/13/202608/13/2026S24,600D$5.71(1)80,443D
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$29.59 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.1853 per U.S.$1.00 as reported by Brazilian Central Bank on August 13, 2026.
/s/ Franco Luigi Fasoli08/18/2026
** 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)