Inter & Co. insider files Rule 144 notice for 89,000 Class A shares

Rhea-AI Filing Summary

Inter & Co. Inc. (INTR) filed a Form 144 disclosing a proposed sale of 89,000 Class A shares through HSBC Bank USA on 08/13/2025. The shares were acquired on 02/13/2023 as employee compensation under a Form S-8 and were exercised via a cashless exercise. The aggregate market value of the proposed sale is reported as $731,405.54 and the total shares outstanding are listed as 323,014,076. The filer reports no sales in the past three months and includes the standard representation that no undisclosed material adverse information is known.

Insights

Securities Analyst

TL;DR: Routine Rule 144 notice for an employee-held block of shares; the size is immaterial relative to outstanding shares.

The filing discloses a proposed brokered sale of 89,000 Class A shares with an aggregate value of $731,405.54. Relative to 323,014,076 shares outstanding, this position represents roughly 0.03% of the float, so it is unlikely to meaningfully affect market liquidity or valuation. The acquisition source—employee compensation under Form S-8 with a cashless exercise—indicates the shares stem from standard equity compensation rather than an extraordinary transfer. No prior three-month sales were reported, suggesting this is the first disposition in the recent period.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure showing an insider sale plan; includes the required seller attestation about undisclosed material information.

The notice meets Rule 144 disclosure requirements by identifying the broker, class, amount, acquisition date, and method of payment. The filer’s attestation that they are unaware of undisclosed material adverse information is included, as required. Given the small size of the proposed sale versus total outstanding shares, this appears to be administrative execution of equity compensation rather than a governance red flag. The filing does not indicate any trading plan adoption date or 10b5-1 specifics.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Share	HSBC Bank USA, N.A 1441 Brickell Avenue, 16th Floor Miami FL 33131	89000	731405.54	323014076	08/13/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
INTR	02/13/2023	Employee compensation registered under Form S-8	InterCo, Inc			89000	02/13/2023	Employee compensation registered under Form S-8 - cashless exercise

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Inter & Co. (INTR) report in the Form 144?

INTR reports a proposed sale of 89,000 Class A shares via HSBC Bank USA with an aggregate market value of $731,405.54 and an approximate sale date of 08/13/2025.

How and when were the shares being sold by INTR acquired?

The 89,000 shares were acquired on 02/13/2023 as employee compensation registered under Form S-8 and settled via a cashless exercise.

Does the Form 144 show any INTR sales in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Who is the broker handling the proposed sale for INTR?

The broker listed is HSBC Bank USA, N.A. at the Miami, FL address provided in the filing.

How large is the proposed sale relative to INTR's outstanding shares?

The proposed 89,000 shares represent approximately 0.03% of the 323,014,076 shares reported outstanding, indicating a very small proportion of the company.