Petrobras (NYSE: PBR) director discloses ADR preferred share stake
Rhea-AI Filing Summary
PETROBRAS - PETROLEO BRASILEIRO SA director Marcelo Gasparino da Silva filed an initial Form 3 reporting beneficial ownership of 3,250 Preferred Shares. These Preferred Shares are held in the form of American Depositary Shares, each ADR representing the right to receive two Preferred Shares of Petrobras.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gasparino da Silva Marcelo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Preferred Shares | -- | -- | -- |
Holdings After Transaction:
Preferred Shares — 3,250 shares (Direct)
Footnotes (1)
- F1. The Preferred Shares (PBR/A) reported herein are held in the form of American Depositary Shares (ADRs), each of which represents the right to receive two Preferred Shares of Petroleo Brasileiro S.A.
Key Figures
Preferred share holdings: 3,250 Preferred Shares
ADR share ratio: 2 Preferred Shares per ADR
2 metrics
Preferred share holdings
3,250 Preferred Shares
Beneficial ownership reported on Form 3
ADR share ratio
2 Preferred Shares per ADR
Each ADR represents right to receive two Preferred Shares
Key Terms
Form 3, Preferred Shares, American Depositary Shares
3 terms
Form 3 regulatory
"director Marcelo Gasparino da Silva filed an initial Form 3 reporting"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the PBR Form 3 filing by Marcelo Gasparino da Silva show?
The Form 3 shows Marcelo Gasparino da Silva’s initial beneficial ownership of 3,250 Preferred Shares of Petrobras. These are held through American Depositary Shares, establishing his starting equity position as a company director for regulatory disclosure purposes.
Does the Petrobras (PBR) Form 3 show any insider buying or selling?
The filing reflects a holding entry rather than a new purchase or sale. It establishes Marcelo Gasparino da Silva’s existing ownership of 3,250 Preferred Shares via ADRs, without disclosing any recent transaction direction such as buying, selling, or gifting shares.
Who is the reporting person in this Petrobras (PBR) Form 3?
The reporting person is Marcelo Gasparino da Silva, identified as a director of Petrobras. The Form 3 records his beneficial ownership in the company’s Preferred Shares, fulfilling U.S. insider reporting requirements when an individual becomes a director or officer.