[Form 4] Banco Santander (Brasil) S.A. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. officer Araujo Alexandre Teixeira de executed an open-market sale of 20,156 Units (SANB11) of the company on March 24, 2026 at $5.94 per unit. After this transaction, he directly holds 18,071 units.
A footnote explains that the price is equivalent to R$29.85 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. No derivative positions are reported in this filing, so the visible activity is limited to this single common equity sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,156 shares ($119,727)
Net Sell
1 txn
Insider
Araujo Alexandre Teixeira de
Role
Officer w/o Specific Desig
Sold
20,156 shs ($120K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Unit - SANB11 | 20,156 | $5.94 | $120K |
Holdings After Transaction:
Unit - SANB11 — 18,071 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Units sold: 20,156 units
Sale price per unit: $5.94 per unit
Holdings after transaction: 18,071 units
+2 more
5 metrics
Units sold
20,156 units
Open-market sale on March 24, 2026
Sale price per unit
$5.94 per unit
Average price for Unit - SANB11
Holdings after transaction
18,071 units
Direct ownership after sale
Local currency equivalent
R$29.85 per share
Converted from US dollar sale price
FX rate used
R$5.0238 per US$1.00
Brazilian Central Bank rate on April 13, 2026
Key Terms
open-market sale, Unit - SANB11, exchange rate, non-derivative
4 terms
open-market sale financial
"transaction_action": "open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Unit - SANB11 financial
"security_title": "Unit - SANB11"
exchange rate financial
"exchange rate of R$ 5.0238 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.
non-derivative financial
"transaction_type": "non-derivative"
FAQ
What did the Banco Santander Brasil (BSBR) officer do in this Form 4?
The officer sold 20,156 Units (SANB11) of Banco Santander (Brasil) S.A. in an open-market transaction. This reduced his direct holdings to 18,071 units, with no derivative securities reported in this filing as remaining positions.
At what price were the BSBR units sold in this insider transaction?
The units were sold at an average price of $5.94 per Unit (SANB11). A footnote equates this to R$29.85 per share, using an exchange rate of R$5.0238 per U.S.$1.00 reported by the Brazilian Central Bank on April 13, 2026.
How many Banco Santander Brasil units does the insider hold after the sale?
Following the sale, the reporting officer directly holds 18,071 Units (SANB11) of Banco Santander (Brasil) S.A. This figure reflects his position after disposing of 20,156 units in the reported open-market transaction on March 24, 2026.
Does this BSBR Form 4 include any option or derivative exercises?
No, this Form 4 only reports a sale of non-derivative Units (SANB11). The derivativeSummary section is empty, indicating there were no option exercises, warrant conversions, or other derivative transactions disclosed in connection with this insider activity.
How was the local currency value calculated in this BSBR insider sale?
A footnote states the sale price is equivalent to R$29.85 per share, based on an exchange rate of R$5.0238 per U.S.$1.00. This rate was reported by the Brazilian Central Bank on April 13, 2026 and used for the currency conversion.