Banco Santander Brasil officer acquires 7,145 units

Banco Santander (Brasil) S.A.

Rhea-AI Filing Summary

Banco Santander (Brasil) S.A. (BSBR) reported that Ricardo Olivare de Magalhaes, an officer with no specific designation, acquired 7,145 SANB11 units on September 30, 2026, through delivery upon vesting and settlement of a previously granted long-term incentive award. The award was under the issuer’s Long-Term Incentive Plan; no open-market purchase was involved. His direct holdings after the transaction were 36,505 units.

Insider Trade Summary

Grant/Award: 7,145 shares

Grant/Award 1 txn

Insider de Magalhaes Ricardo Olivare

Role Officer w/o Specific Desig

Type	Security	Shares	Price	Value
Grant/Award	UNIT - SANB11 F1	7,145	--	--

Holdings After Transaction: UNIT - SANB11 — 36,505 shares (Direct)

Footnotes (1)

1. F1. The reported transaction represents the delivery of shares upon vesting and settlement of a long-term incentive award previously granted under the issuer's Long-Term Incentive Plan. No purchase of shares in the open market was involved.

Key Figures

Award delivery: 7,145 SANB11 units Direct holdings after transaction: 36,505 SANB11 units Transaction date: September 30, 2026

3 metrics

Award delivery 7,145 SANB11 units Delivered upon vesting and settlement on September 30, 2026

Direct holdings after transaction 36,505 SANB11 units Reported following the September 30, 2026 transaction

Transaction date September 30, 2026 Delivery upon vesting and settlement of a long-term incentive award

Key Terms

Long-Term Incentive Plan, vesting, settlement

3 terms

Long-Term Incentive Plan financial

"under the issuer's Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

vesting financial

"upon vesting and settlement"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

settlement financial

"vesting and settlement of a long-term incentive award"

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SANB11 units did BSBR officer Ricardo Olivare de Magalhaes acquire?

He acquired 7,145 SANB11 units on September 30, 2026, through delivery upon vesting and settlement of a previously granted long-term incentive award under Banco Santander (Brasil) S.A.’s Long-Term Incentive Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/08/2026 - 05:43 PM Accepted by SEC EDGAR 10/08/2026 - 05:43 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

de Magalhaes Ricardo Olivare

(Last) (First) (Middle)

AV PRESIDENTE JUSCELINO KUBITSCHEK, 2041

CJ 281, BLOCO A, COND. WTORRE JK

(Street)

SAO PAULO SAO PAULO 04543-011

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Officer w/o Specific Desig

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
UNIT - SANB11	09/30/2026	09/03/2026	A		7,145	A	(1)	36,505	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported transaction represents the delivery of shares upon vesting and settlement of a long-term incentive award previously granted under the issuer's Long-Term Incentive Plan. No purchase of shares in the open market was involved.

	Ricardo Olivare de Magalhaes	09/08/2026
	** Signature of Reporting Person	Date
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)