Itau Unibanco (ITUB) director receives 48,460 preferred shares in equity award
Rhea-AI Filing Summary
Villela Marino Ricardo reported acquisition or exercise transactions in this Form 4 filing.
Itau Unibanco Holding S.A. director Marino Ricardo Villela received a grant of 48,460 preferred shares (ITUB4) on 2026-05-08 at a price of $0.00 per share, reflecting a share award rather than an open‑market purchase.
After this award, he holds 248,758 preferred shares directly and 191,842 preferred shares indirectly through a corporation he controls. He is also reported as having 5,107,553,780 common shares and 93,710 common shares in indirect and direct holdings, respectively, with the footnote stating that indirect holdings are through an indirect controlling shareholder and that beneficial ownership is disclaimed except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 48,460 shares
Net Buy
4 txns
Insider
Villela Marino Ricardo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Preferred shares (ITUB4) | 48,460 | $0.00 | $0.00 |
| holding | Preferred shares (ITUB4) | -- | -- | -- |
| holding | Common shares (ITUB3) | -- | -- | -- |
| holding | Common shares (ITUB3) | -- | -- | -- |
Holdings After Transaction:
Preferred shares (ITUB4) — 248,758 shares (Direct);
Preferred shares (ITUB4) — 191,842 shares (Indirect, By Corporation);
Common shares (ITUB3) — 93,710 shares (Direct);
Common shares (ITUB3) — 5,107,553,780 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: 48,460 shares
Direct preferred holdings after award: 248,758 shares
Indirect preferred holdings: 191,842 shares
+3 more
6 metrics
Preferred share grant
48,460 shares
Preferred shares (ITUB4) granted at $0.00 on 2026-05-08
Direct preferred holdings after award
248,758 shares
Preferred shares (ITUB4) held directly after the A-code transaction
Indirect preferred holdings
191,842 shares
Preferred shares (ITUB4) held indirectly through a corporation
Indirect common holdings
5,107,553,780 shares
Common shares (ITUB3) held indirectly through a corporation
Direct common holdings
93,710 shares
Common shares (ITUB3) held directly as reported
Grant price
$0.00 per share
Price per preferred share in the 48,460-share grant
Key Terms
Grant, award, or other acquisition, indirect controlling shareholder, disclaims beneficial ownership, Section 16, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
disclaims beneficial ownership financial
"The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest"
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.
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Itau Unibanco (ITUB) report for Marino Ricardo Villela?
Itau Unibanco reported a share award to director Marino Ricardo Villela. He received 48,460 preferred shares (ITUB4) at zero cost, recorded as a grant or award. This is a compensation-related acquisition, not an open‑market purchase or sale.
What does the transaction code on the Itau Unibanco (ITUB) Form 4 mean?
The preferred share transaction uses code A, described as a grant, award, or other acquisition. This signals the 48,460 preferred shares were received as a form of award rather than purchased in the market, aligning with typical equity compensation.