Inter & Co (INTR) CFO details initial stock options and RSU awards
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Inter & Co, Inc. Chief Financial Officer Horacio Stel Santiago filed an initial Form 3 detailing his equity-based compensation holdings. He reports non-qualified stock options over 9,375 and 25,000 Class A common shares, each with a conversion price of $15.5000 per share and expiring on April 25, 2029.
He also holds several restricted stock unit awards tied to Class A common shares in amounts of 25,000, 50,000, 97,500 and 113,544 underlying shares. According to the footnotes, these RSUs vest and convert into Class A shares over schedules running from December 1, 2026 through December 1, 2029, in one to four equal annual installments depending on the specific award.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Horacio Stel Santiago
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 9,375 shares (Direct);
Restricted Stock Unit — 25,000 shares (Direct)
Footnotes (1)
- Unless earlier forfeited under the terms of the RSU, the award vests and converts into Class A Common Share on December 1, 2026. Unless earlier forfeited under the terms of the RSU, the award vests and converts into Class A Common Share in two equal installments on December 1, 2026 and December 1, 2027. Unless earlier forfeited under the terms of the RSU, the award vests and converts into Class A Common Share in three equal installments on December 1, 2026 and December 1, 2027 and December 1, 2028. The award vests and converts into Class A Common Share in four equal installments on December 1, 2026 and December 1, 2027 and December 1, 2028 and December 1, 2029.
FAQ
What does Inter & Co (INTR) CFO Horacio Stel Santiago report on this Form 3?
He reports his initial holdings of equity awards in Inter & Co, Inc. These include non-qualified stock options and multiple restricted stock unit grants, each tied to Class A common shares with specified vesting schedules and, for options, a conversion price of $15.5000.
What stock options does the Inter & Co (INTR) CFO hold?
He holds non-qualified stock options over 9,375 and 25,000 Class A common shares. Both option tranches have an exercise price of $15.5000 per share and share the same expiration date of April 25, 2029, according to the filing data.
What restricted stock units are disclosed for Inter & Co (INTR) CFO?
He reports several restricted stock unit awards linked to Class A common shares in amounts of 25,000, 50,000, 97,500 and 113,544 shares. These RSUs have no exercise price and represent future share delivery upon vesting under the company’s equity plans.
When do the Inter & Co (INTR) restricted stock units for the CFO vest?
The RSUs vest between December 1, 2026 and December 1, 2029. Depending on the specific award, vesting occurs in one, two, three, or four equal annual installments, with each vested portion converting into Class A common shares on the stated dates.
Is this Inter & Co (INTR) Form 3 a buy or sell transaction?
It is not a buy or sell transaction; it is an initial ownership report. The Form 3 lists existing stock options and restricted stock units held by the Chief Financial Officer, without any open-market purchases, sales, exercises, or disposals recorded in the transaction summary.