Itau Unibanco (ITUB) SMEs Officer executes open-market sale of 60,000 preferred shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Itau Unibanco Holding S.A. reported that SMEs Officer (retail segment) Orestes Vanzo Carlos executed an open-market sale of 60,000 preferred shares (ITUB4) at $8.24 per share. After this transaction, he directly holds 1,008,014 preferred shares, indicating the sale represents a small portion of his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 60,000 shares ($494,400)
Net Sell
1 txn
Insider
Orestes Vanzo Carlos
Role
SMEs Officer (retail segment)
Sold
60,000 shs ($494K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares (ITUB4) | 60,000 | $8.24 | $494K |
Holdings After Transaction:
Preferred shares (ITUB4) — 1,008,014 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 60,000 shares
Sale price per share: $8.24 per share
Approximate transaction value: $494,400
+2 more
5 metrics
Shares sold
60,000 shares
Open-market sale of preferred shares (ITUB4)
Sale price per share
$8.24 per share
Transaction price for ITUB4 on July 7, 2026
Approximate transaction value
$494,400
60,000 shares sold at $8.24 each
Shares held after transaction
1,008,014 shares
Direct holdings of preferred shares following sale
FX selling rate
R$5.1458 per US$1.00
Exchange rate used to translate sale price on July 7, 2026
Key Terms
open-market sale, Preferred shares (ITUB4), Brazilian reais, selling rate, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for the preferred shares"
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.
Brazilian reais financial
"The price is denominated in Brazilian reais and has been translated"
selling rate financial
"translated into U.S. dollars at the July 7, 2026 selling rate"
Central Bank of Brazil financial
"as reported by the Central Bank of Brazil"
FAQ
What insider transaction did Itau Unibanco (ITUB) report for Orestes Vanzo Carlos?
Itau Unibanco reported that SMEs Officer Orestes Vanzo Carlos completed an open-market sale of 60,000 preferred shares (ITUB4). The transaction was reported on a Form 4 insider filing and reflects a direct sale of the company’s preferred stock.
Was the Itau Unibanco (ITUB) insider transaction an open-market sale?
Yes. The Form 4 identifies the transaction as an open-market sale, coded “S” and described as a sale in open market or private transaction. This indicates the shares were sold into the market rather than granted or transferred as compensation or a gift.
How is currency handled in the Itau Unibanco (ITUB) insider sale price disclosure?
The filing explains the share price is originally in Brazilian reais, translated into U.S. dollars using the July 7, 2026 selling rate of R$5.1458 per US$1.00, as reported by the Central Bank of Brazil, to standardize the reported transaction value.