Itau Unibanco (ITUB) retail officer sells 182,800 preferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Itau Unibanco Holding S.A. retail business officer Andre Luis Teixeira Rodrigues reported an open-market sale of preferred shares. On April 8, 2026, he sold 182,800 preferred shares (ITUB4) at a weighted average price between $8.82 and $8.83 per share. The sale price was originally denominated in Brazilian reais and translated into U.S. dollars using an exchange rate of R$5.0899 per US$1.00 from the Central Bank of Brazil. After this transaction, he directly held 1,637,511 preferred shares, indicating he retains a substantial remaining position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 182,800 shares ($1,612,296)
Net Sell
1 txn
Insider
Teixeira Rodrigues Andre Luis
Role
Retail business Officer
Sold
182,800 shs ($1.61M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares (ITUB4) | 182,800 | $8.82 | $1.61M |
Holdings After Transaction:
Preferred shares (ITUB4) — 1,637,511 shares (Direct)
Footnotes (1)
- The price is denominated in Brazilian reais and has been translated into U.S. dollars at the April 8, 2026 selling rate of R$5.0899 per US$1.00, as reported by the Central Bank of Brazil. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.82 to $8.83, inclusive.
Key Figures
Shares sold: 182,800 shares
Weighted average sale price: $8.82–$8.83 per share
Shares held after transaction: 1,637,511 shares
+1 more
4 metrics
Shares sold
182,800 shares
Open-market sale of preferred shares (ITUB4) on April 8, 2026
Weighted average sale price
$8.82–$8.83 per share
Price range for multiple sale transactions reported in Form 4
Shares held after transaction
1,637,511 shares
Direct preferred share holdings following the April 8, 2026 sale
Exchange rate used
R$5.0899 per US$1.00
Rate from Central Bank of Brazil used to translate sale price
Key Terms
open-market sale, weighted average price, preferred shares (ITUB4), exchange rate
4 terms
open-market sale financial
"182,800 preferred shares (ITUB4) in an open-market sale at a weighted average price"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported is a weighted average price for multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
exchange rate financial
"Translated into U.S. dollars using an exchange rate of R$5.0899 per US$1.00"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
FAQ
What insider transaction did ITUB report in this Form 4?
Itau Unibanco (ITUB) reported that retail business officer Andre Luis Teixeira Rodrigues sold 182,800 preferred shares (ITUB4) in an open-market transaction at a weighted average price between $8.82 and $8.83 per share.
When did the reported ITUB insider transaction take place?
The insider transaction occurred on April 8, 2026. On that date, retail business officer Andre Luis Teixeira Rodrigues executed open-market sales totaling 182,800 preferred shares at a weighted average price in the $8.82 to $8.83 range.