STOCK TITAN

Santander Brasil (BSBR) officer sells 43,876 units at $5.74 each

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Banco Santander (Brasil) S.A. officer Paulo Fernando Alves Lima reported selling 43,876 UNIT - SANB11 on August 11, 2026 at $5.74 per unit, leaving 35,189 units held directly. The footnote states this price 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. The filing indicates the Rule 10b5-1 trading-plan checkbox was not marked.

Positive

  • None.

Negative

  • None.
Insider Lima Paulo Fernando Alves
Role Officer w/o Specific Desig
Sold 43,876 shs ($252K)
Type Security Shares Price Value
Sale UNIT - SANB11 F1 43,876 $5.74 $252K
Holdings After Transaction: UNIT - SANB11 — 35,189 shares (Direct)
Footnotes (1)
  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.
Units sold 43,876 UNIT - SANB11 Non-derivative sale reported on August 11, 2026
Sale price per unit $5.74 per unit Transaction price for UNIT - SANB11 sale
Holdings after transaction 35,189 UNIT - SANB11 Directly owned following the reported sale
Local currency equivalent price R$29.43 per share Equivalent to $5.74 per share as described in the footnote
FX rate used R$5.1279 per US$1.00 Brazilian Central Bank rate on August 11, 2026
Rule 10b5-1 regulatory
"The filing indicates the Rule 10b5-1 trading-plan checkbox was not marked"
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.
Brazilian Central Bank financial
"as reported by Brazilian Central Bank on August 11, 2026"
non-derivative security financial
"The transaction involved UNIT - SANB11 and is classified as a non-derivative security"
beneficially owned financial
"the total number of units beneficially owned following the reported sale"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

What insider transaction did BSBR officer Paulo Fernando Alves Lima report?

Paulo Fernando Alves Lima reported a sale of 43,876 UNIT - SANB11 on August 11, 2026 at a price of $5.74 per unit, according to the Form 4 filing for Banco Santander (Brasil) S.A. (BSBR).

At what price did the BSBR insider sell the 43,876 units?

The BSBR insider sale was executed at $5.74 per unit. A footnote explains this corresponds to R$29.43 per share, based on an exchange rate of R$5.1279 per US$1.00 from the Brazilian Central Bank on August 11, 2026.

How many Banco Santander (Brasil) BSBR units does the insider hold after the sale?

After the transaction, the reporting officer holds 35,189 UNIT - SANB11 directly. This figure is disclosed as the total number of units beneficially owned following the reported sale on the Form 4.

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

The Form 4 indicates the Rule 10b5-1 checkbox was not marked, so the transaction is not affirmatively identified as being made under a Rule 10b5-1 trading arrangement for Banco Santander (Brasil) S.A. (BSBR).

What exchange rate was used to convert the BSBR insider sale price to U.S. dollars?

The footnote states that amounts were converted using an exchange rate of R$5.1279 per US$1.00, as reported by the Brazilian Central Bank on August 11, 2026, resulting in an equivalent price of R$29.43 per share.

What security class was involved in the BSBR insider transaction?

The transaction involved UNIT - SANB11 of Banco Santander (Brasil) S.A. (BSBR). The Form 4 classifies it as a non-derivative security, and the reported transaction code is S for a sale.

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*
Lima Paulo Fernando Alves

(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)
08/11/2026
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 - SANB1108/11/202608/11/2026S43,876D$5.74(1)35,189D
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$29.43 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.1279 per U.S.$1.00 as reported by Brazilian Central Bank on August 11, 2026.
/s/ Paulo Fernando Alves Lima08/11/2026
** 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)