STOCK TITAN

Petrobras (NYSE: PBR) director discloses ADR preferred share stake

(Neutral)
(Neutral)
Form Type
3

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

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Negative

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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)
  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.
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
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.
Preferred Shares financial
"beneficial ownership of 3,250 Preferred Shares"
Preferred shares are a type of investment that gives investors priority over common shareholders when it comes to receiving dividends and getting their money back if a company is sold or liquidated. Think of them as a safer, more predictable way to earn income from a company's profits, similar to a fixed-return investment, but without voting rights. This makes preferred shares appealing to those seeking stable income with a higher claim on assets than regular stockholders.
American Depositary Shares financial
"held in the form of American Depositary Shares (ADRs)"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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.

How many Petrobras (PBR) preferred shares does the director report?

The director reports beneficial ownership of 3,250 Preferred Shares of Petrobras. This figure reflects his position after the reported holding entry and serves as the baseline ownership level for future Form 4 or Form 5 insider transaction disclosures.

How are Petrobras (PBR) preferred shares held in this Form 3?

The reported Petrobras Preferred Shares are held as American Depositary Shares (ADRs). According to the filing, each ADR represents the right to receive two Preferred Shares of Petroleo Brasileiro S.A., providing U.S. investors with depositary receipts instead of direct local shares.

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.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Gasparino da Silva Marcelo

(Last)(First)(Middle)
PRAIA DE BOTAFOGO 186
19TH FLOOR BOTAFOGO

(Street)
RIO DE JANEIRORIO DE JANEIRO22250145

(City)(State)(Zip)

BRAZIL

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/16/2026
3. Issuer Name and Ticker or Trading Symbol
PETROBRAS - PETROLEO BRASILEIRO SA [ PBR ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Preferred Shares(1)3,250D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Marcelo Gasparino da Silva04/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)