JBS CFO plans $2.5M sale of Brazilian receipts
Rhea-AI Filing Summary
JBS N.V. (JBS) received a notice that its Global CFO and IRO, Guilherme Perboyre Cavalcanti, intends to sell 183,501 Brazilian Depositary Receipts (BDRs), each representing one Class A common share, under Rule 144. The BDRs were acquired upon vesting of Restricted Stock Units awarded on 03/04/2026 under the company’s Long-Term Incentive Plan.
The planned transaction references an aggregate market value of US$2,498,362.12, based on a BDR price of R$70.61 as of August 20, 2026 and a Brazilian Central Bank selling rate of R$5.1862 to US$1.00. The proposed sale date is 08/24/2026 through broker Itaú Corretora de Valores S/A on the B3 exchange.
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Key Figures
BDRs to be sold: 183,501 BDRs
Aggregate market value: US$2,498,362.12
BDR market price: R$70.61
+3 more
6 metrics
BDRs to be sold
183,501 BDRs
Brazilian Depositary Receipts, each representing one Class A common share, in proposed Rule 144 sale
Aggregate market value
US$2,498,362.12
Referenced aggregate market value of BDRs to be sold
BDR market price
R$70.61
Value of each BDR as of August 20, 2026
Exchange rate
R$5.1862 to US$1.00
Brazilian Central Bank selling rate used to convert BDR value to U.S. dollars
Acquisition date of RSU shares
03/04/2026
Date shares were acquired upon vesting of Restricted Stock Units
Proposed sale date
08/24/2026
Date listed for the proposed BDR sale
Key Terms
Brazilian Depositary Receipts, Restricted Stock Units, Long-Term Incentive Plan, aggregate market value, +1 more
5 terms
Brazilian Depositary Receipts financial
"The securities being sold are in the form of Brazilian Depositary Receipts ("BDRs")."
Brazilian Depositary Receipts (BDRs) are certificates traded on Brazilian exchanges that represent ownership of shares in foreign companies, allowing local investors to buy and sell exposure to those overseas stocks without opening foreign brokerage accounts. They matter because they let investors diversify across global companies using local currency and trading hours, similar to buying a locally issued voucher for a foreign product, while still exposing portfolios to the performance and risks of the underlying foreign shares.
Restricted Stock Units financial
"Shares acquired upon vesting of Restricted Stock Units awarded under the Issuer's Long-Term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Incentive Plan financial
"Restricted Stock Units awarded under the Issuer's Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
aggregate market value financial
"The aggregate market value of the securities to be sold represents the value of the BDRs of R$70.61 as of August 20, 2026,"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
selling rate financial
"using the selling rate as reported by the Brazilian Central Bank on that date of R$5.1862 to US$1.00."
FAQ
What insider transaction did JBS (JBS) disclose in this Form 144 notice?
The Global CFO and IRO, Guilherme Perboyre Cavalcanti, filed a notice to sell 183,501 Brazilian Depositary Receipts, each representing one Class A common share of JBS N.V., in a proposed Rule 144 transaction.
What is the value of the JBS (JBS) BDRs covered by this planned sale?
The filing references an aggregate market value of US$2,498,362.12 for the 183,501 BDRs, based on a BDR price of R$70.61 and an exchange rate of R$5.1862 to US$1.00 as of August 20, 2026.
When were the JBS (JBS) securities to be sold acquired by the executive?
The BDRs to be sold were acquired on 03/04/2026 upon vesting of Restricted Stock Units awarded under JBS N.V.’s Long-Term Incentive Plan as part of the executive’s equity compensation.
On what date is the planned JBS (JBS) BDR sale expected to occur?
The notice lists a proposed sale date of 08/24/2026 for the Brazilian Depositary Receipts, which are expected to be sold through Itaú Corretora de Valores S/A on the B3 exchange.
What type of security is being sold in this JBS (JBS) insider notice?
The securities are Brazilian Depositary Receipts (BDRs), each representing one Class A common share of JBS N.V., par value €0.01 per share. The number of shares outstanding cited reflects Class A common shares outstanding.
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