Santander Brasil (NYSE: BSBR) officer sells 5,143 units
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. (BSBR) reported that officer Franco Luigi Fasoli sold 5,143 UNIT - SANB11 securities on August 27, 2026 in an open-market or private transaction at $5.75 per unit. After this sale, he directly holds 61,593 units.
A footnote states this price equals R$29.70 per unit, using an exchange rate of R$5.1637 per US$1.00 reported by the Brazilian Central Bank on August 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,143 shares
Net Sell
1 txn
Insider
Fasoli Franco Luigi
Role
Officer w/o Specific Desig
Sold
5,143 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | UNIT - SANB11 F1 | 5,143 | $5.75 | $30K |
Holdings After Transaction:
UNIT - SANB11 — 61,593 shares (Direct)
Footnotes (1)
- F1. Equivalent to R$29.70 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5,1637 per U.S.$1.00 as reported by Brazilian Central Bank on August 27, 2026.
Key Figures
Units sold: 5,143 UNIT - SANB11
Sale price per unit: $5.75 per unit
Equivalent price in Brazilian reais: R$29.70 per unit
+2 more
5 metrics
Units sold
5,143 UNIT - SANB11
Non-derivative sale on August 27, 2026
Sale price per unit
$5.75 per unit
UNIT - SANB11 transaction price
Equivalent price in Brazilian reais
R$29.70 per unit
Footnote conversion of the $5.75 price
Exchange rate
R$5.1637 per US$1.00
Brazilian Central Bank rate on August 27, 2026
Units held after transaction
61,593 UNIT - SANB11
Direct ownership following the sale
Key Terms
UNIT - SANB11, Rule 10b5-1, non-derivative
3 terms
UNIT - SANB11 financial
"The security involved is listed as "UNIT - SANB11""
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox is marked false"
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.
non-derivative financial
"The transaction is categorized as "non-derivative""
FAQ
What insider transaction did BSBR report for Franco Luigi Fasoli?
BSBR reported that officer Franco Luigi Fasoli sold 5,143 UNIT - SANB11 securities on August 27, 2026 in a sale classified as an open-market or private transaction at $5.75 per unit.
At what price were the BSBR UNIT - SANB11 securities sold?
The UNIT - SANB11 securities were sold at $5.75 per unit. A footnote explains this is equivalent to R$29.70 per unit, using an exchange rate of R$5.1637 per US$1.00 from the Brazilian Central Bank on August 27, 2026.
How many BSBR units does Franco Luigi Fasoli hold after this transaction?
After the reported sale, Franco Luigi Fasoli directly holds 61,593 UNIT - SANB11 securities of Banco Santander (Brasil) S.A., according to the filing’s post-transaction ownership figure.
Was the BSBR insider sale made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is marked false, indicating the reported transaction was not affirmed as made under a Rule 10b5-1 trading plan.
What currency conversion details are disclosed for the BSBR insider sale?
A footnote states the $5.75 per-unit price equals R$29.70 per unit, based on an exchange rate of R$5.1637 per US$1.00 as reported by the Brazilian Central Bank on August 27, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.