Santander Brasil officer sells 3,203 units
A Banco Santander (Brasil) S.A. officer sold 3,203 BSBR units on September 3, 2026 at $5.95 per unit, retaining 26,803 units afterward.
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. (BSBR) officer Denis Junior Ferro reported selling 3,203 UNIT - SANB11 on September 3, 2026 in a sale classified as a non-derivative open-market or private transaction. The reported sale price was $5.95 per unit, equivalent to R$30.32 per unit using an exchange rate of R$5.0956 per US$1.00 as reported by the Brazilian Central Bank on that date. After this transaction, he held 26,803 units directly. No Rule 10b5-1 trading plan is reported for this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,203 shares
Net Sell
1 txn
Insider
Ferro Denis Junior
Role
Officer w/o Specific Desig
Sold
3,203 shs ($19K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | UNIT - SANB11 F1 | 3,203 | $5.95 | $19K |
Holdings After Transaction:
UNIT - SANB11 — 26,803 shares (Direct)
Footnotes (1)
- F1. Equivalent to R$30.32 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$ 5.0956 per U.S.$1.00 as reported by Brazilian Central Bank on September 03, 2026.
Key Figures
Units sold: 3,203 units
Sale price per unit (USD): $5.95 per unit
Sale price per unit (BRL equivalent): R$30.32 per unit
+3 more
6 metrics
Units sold
3,203 units
Non-derivative sale on September 3, 2026
Sale price per unit (USD)
$5.95 per unit
Reported transaction price for the sale on September 3, 2026
Sale price per unit (BRL equivalent)
R$30.32 per unit
USD price converted using disclosed exchange rate
Exchange rate
R$5.0956 per US$1.00
Rate from Brazilian Central Bank on September 3, 2026
Holdings after transaction
26,803 units
Directly held UNIT - SANB11 after the sale
Net shares sold
3,203 units
Net sell direction across all reported transactions in this Form 4
Key Terms
UNIT - SANB11, Brazilian Central Bank, Rule 10b5-1
3 terms
UNIT - SANB11 market
"reported selling 3,203 UNIT - SANB11 on September 3, 2026"
Brazilian Central Bank financial
"as reported by Brazilian Central Bank on September 03, 2026"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this sale"
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.
FAQ
What insider transaction did BSBR report for Denis Junior Ferro?
BSBR reported that officer Denis Junior Ferro sold 3,203 UNIT - SANB11 on September 3, 2026 as a non-derivative open-market or private transaction, leaving him with 26,803 units held directly afterward.
At what price were the 3,203 BSBR units sold on September 3, 2026?
The 3,203 BSBR units were sold at a reported price of $5.95 per unit, which the filing states is equivalent to R$30.32 per unit, using an exchange rate of R$5.0956 per US$1.00 from the Brazilian Central Bank on September 3, 2026.
How many BSBR units does Denis Junior Ferro hold after this Form 4 transaction?
After the reported sale, Denis Junior Ferro holds 26,803 UNIT - SANB11 directly. This figure reflects his position immediately following the 3,203-unit sale on September 3, 2026.
Was the BSBR insider sale by Denis Junior Ferro made under a Rule 10b5-1 plan?
The filing indicates that no Rule 10b5-1 trading plan is reported for this transaction; the document-level Rule 10b5-1 checkbox is not marked as an affirmed plan.
What exchange rate and local-currency value does the BSBR Form 4 disclose?
The Form 4 discloses that the $5.95 per-unit sale price is equivalent to R$30.32 per unit, based on an exchange rate of R$5.0956 per US$1.00 as reported by the Brazilian Central Bank on September 3, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.