Itau Unibanco director granted 20,998 preferred shares
Itau Unibanco Holding S.A. director Egydio Setubal Alfredo reported an equity compensation grant.
Rhea-AI Filing Summary
Itau Unibanco Holding S.A. director Egydio Setubal Alfredo reported an equity compensation grant. He received 20,998 preferred shares (ITUB4) at a price of $0.00 per share, classified as a grant, award, or other acquisition. Following this grant, his directly held preferred shares total 1,510,088.
The filing also lists large indirect holdings through a corporation and through his spouse, including 5,107,553,780 common shares (ITUB3) and additional preferred shares. A footnote states these indirect shares are held via an indirect controlling shareholder he controls and that he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 20,998 shares
Grant/Award
4 txns
Insider
Egydio Setubal Alfredo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Preferred shares (ITUB4) | 20,998 | $0.00 | $0.00 |
| holding | Preferred shares (ITUB4) | -- | -- | -- |
| holding | Common shares (ITUB3) | -- | -- | -- |
| holding | Preferred shares (ITUB4) | -- | -- | -- |
Holdings After Transaction:
Preferred shares (ITUB4) — 1,510,088 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 (1)
- 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.
Key Figures
Preferred share grant: 20,998 shares
Direct preferred holdings after grant: 1,510,088 shares
Indirect common holdings: 5,107,553,780 shares
+2 more
5 metrics
Preferred share grant
20,998 shares
Preferred shares (ITUB4) granted at $0.00 per share
Direct preferred holdings after grant
1,510,088 shares
Total preferred shares (ITUB4) directly held post-transaction
Indirect common holdings
5,107,553,780 shares
Common shares (ITUB3) held indirectly through a corporation
Indirect preferred via corporation
191,842 shares
Preferred shares (ITUB4) held indirectly through a corporation
Indirect preferred via spouse
127,883 shares
Preferred shares (ITUB4) held indirectly by spouse
Key Terms
Grant, award, or other acquisition, indirect controlling shareholder, pecuniary interest, Section 16
4 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Egydio Setubal Alfredo report in this Itau Unibanco (ITUB) Form 4?
He reported receiving a grant of 20,998 preferred shares (ITUB4) at $0.00 per share. The filing also updates his total direct and indirect holdings in Itau Unibanco shares, including large positions held through related entities.
What indirect Itau Unibanco (ITUB) holdings are associated with Egydio Setubal Alfredo?
The Form 4 lists 5,107,553,780 common shares (ITUB3) and 191,842 preferred shares (ITUB4) held indirectly through a corporation, plus 127,883 preferred shares held by his spouse. These are reported as indirect ownership positions.
Does Egydio Setubal Alfredo claim full beneficial ownership of the indirect Itau Unibanco shares?
No. A footnote explains the indirect shares are held via an indirect controlling shareholder he controls. He disclaims beneficial ownership of those shares except to the extent of his pecuniary interest in them, consistent with Section 16 reporting practice.
AI-generated analysis. How Rhea-AI works. Not financial advice.
