Santander Brasil (NYSE: BSBR) insider sells 13,707 units, left with 66,736
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. (BSBR) reported that officer Fasoli Franco Luigi sold 13,707 UNIT - SANB11$5.76 per unit, equivalent to R$29.69 per share using an exchange rate of R$5.1484 per US$1.00. Following this transaction, he directly holds 66,736 units. The Rule 10b5-1 trading plan checkbox was not marked as applicable.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,707 shares
Net Sell
1 txn
Insider
Fasoli Franco Luigi
Role
Officer w/o Specific Desig
Sold
13,707 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | UNIT - SANB11 F1 | 13,707 | $5.76 | $79K |
Holdings After Transaction:
UNIT - SANB11 — 66,736 shares (Direct)
Footnotes (1)
- F1. Equivalent to R$29.69 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5,1484 per U.S.$1.00 as reported by Brazilian Central Bank on August 25, 2026.
Key Figures
Shares sold: 13,707 UNIT - SANB11
Sale price per unit: $5.76 per UNIT - SANB11
Post-transaction holdings: 66,736 UNIT - SANB11
+2 more
5 metrics
Shares sold
13,707 UNIT - SANB11
Non-derivative sale on August 25, 2026
Sale price per unit
$5.76 per UNIT - SANB11
Sale in open market or private transaction
Post-transaction holdings
66,736 UNIT - SANB11
Direct ownership following the reported sale
Brazilian real equivalent per share
R$29.69 per share
Equivalent value for the reported sale price
Exchange rate
R$5.1484 per US$1.00
Rate reported by Brazilian Central Bank on August 25, 2026
Key Terms
UNIT - SANB11, Sale in open market or private transaction, Rule 10b5-1, exchange rate
4 terms
UNIT - SANB11 financial
"security_title: "UNIT - SANB11""
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan checkbox was not marked as applicable"
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
"Amounts presented were converted into U.S. dollars at the exchange rate"
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?
BSBR reported that officer Fasoli Franco Luigi sold 13,707 UNIT - SANB11August 25, 2026 in an open market or private transaction.
How many BSBR UNIT - SANB11 does the insider hold after the sale?
After the sale, Fasoli Franco Luigi directly holds 66,736 UNIT - SANB11, as reported in the filing.
Was the BSBR insider sale made under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox (aff_10b5_one) is false, indicating the transaction was not affirmed as made under a Rule 10b5-1 trading plan.
What currency conversion details were disclosed for the BSBR insider sale price?
The filing states the sale price is equivalent to R$29.69 per share, with amounts converted into U.S. dollars at an exchange rate of R$5.1484 per US$1.00 as reported by the Brazilian Central Bank on August 25, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.