Itau Unibanco (NYSE: ITUB) director details large indirect holdings
Rhea-AI Filing Summary
Itau Unibanco Holding S.A. director Egydio Setubal Alfredo filed an initial statement of holdings in the company’s shares. He reports direct ownership of 1,489,090 preferred shares (ITUB4), plus additional preferred shares held indirectly through his spouse and a corporation, and a very large block of common shares (ITUB3) held indirectly through a corporation associated with him. The filing notes that he disclaims beneficial ownership of the indirectly held shares beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Egydio Setubal Alfredo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Preferred shares (ITUB4) | -- | -- | -- |
| holding | Preferred shares (ITUB4) | -- | -- | -- |
| holding | Common shares (ITUB3) | -- | -- | -- |
| holding | Preferred shares (ITUB4) | -- | -- | -- |
Holdings After Transaction:
Preferred shares (ITUB4) — 1,489,090 shares (Direct);
Preferred shares (ITUB4) — 127,883 shares (Indirect, By Spouse);
Common shares (ITUB3) — 5,107,553,780 shares (Indirect, By Corporation);
Preferred shares (ITUB4) — 191,842 shares (Indirect, By Corporation)
Footnotes (2)
- F1. The reporting person holds these shares indirectly through an indirect controlling shareholder of the issuer which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F2. The reporting person holds these shares indirectly through an indirect controlling shareholder of the issuer which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
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FAQ
What does the Egydio Setubal Alfredo Form 3 filing for ITUB show?
The filing shows Egydio Setubal Alfredo’s initial report of share holdings in Itau Unibanco. It details his direct preferred share position and substantial indirect holdings in both preferred and common shares through his spouse and a corporation he controls.
Are there any buy or sell transactions in this ITUB Form 3 filing?
No buy or sell transactions are reported; the entries are labeled as holdings. The filing simply establishes Egydio Setubal Alfredo’s existing positions in Itau Unibanco securities rather than recording new market trades or option exercises.
How does the Form 3 describe Egydio Setubal Alfredo’s beneficial ownership of indirect ITUB shares?
It states he holds certain shares indirectly through an indirect controlling shareholder he controls and disclaims beneficial ownership of those shares, except for his pecuniary interest, so their inclusion does not admit full beneficial ownership for regulatory purposes.