Sabesp (NYSE: SBS) engineering officer sells 5,900 Common Shares
Rhea-AI Filing Summary
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP reported that Engineering Officer Roberval Tavares de Sousa sold 5,900 Common Shares in an open-market transaction on May 25, 2026 at $5.74 per share.
After this sale, he directly holds 76 Common Shares. The reported sale price is equivalent to R$28.81 per share, using an exchange rate of R$5.0174 per U.S.$1.00 as quoted by the Brazilian Central Bank on May 25, 2026.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 5,900 shares
Net Sell
1 txn
Insider
Tavares de Sousa Roberval
Role
Engineering Officer
Sold
5,900 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 5,900 | $5.74 | $34K |
Holdings After Transaction:
Common Shares — 76 shares (Direct)
Footnotes (1)
- F1. Equivalent to R$28.81 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$5.0174 per U.S.$1.00 as reported by Brazilian Central Bank on May 25, 2026.
Key Figures
Shares sold: 5,900 shares
Sale price per share (USD): $5.74 per share
Sale price per share (BRL): R$28.81 per share
+2 more
5 metrics
Shares sold
5,900 shares
Open-market sale on May 25, 2026
Sale price per share (USD)
$5.74 per share
Common Shares sold on May 25, 2026
Sale price per share (BRL)
R$28.81 per share
Equivalent price stated in footnote
Exchange rate
R$5.0174 per U.S.$1.00
Brazilian Central Bank on May 25, 2026
Shares held after transaction
76 shares
Directly held Common Shares post-sale
Key Terms
open-market sale, Common Shares, exchange rate
3 terms
open-market sale financial
"transaction_action: "open-market sale""
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.
exchange rate financial
"exchange rate of R$5.0174 per U.S.$1.00 as reported"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SABESP (SBS) disclose in this Form 4/A?
SABESP disclosed that Engineering Officer Roberval Tavares de Sousa executed an open-market sale of 5,900 Common Shares. The transaction occurred on May 25, 2026 at a price of $5.74 per share, significantly reducing his directly held position.
What role does the reporting person hold at SABESP (SBS)?
The reporting person, Roberval Tavares de Sousa, is identified as an officer of SABESP with the title Engineering Officer. The Form 4/A associates this executive role with the disclosed open-market sale of 5,900 SABESP Common Shares on May 25, 2026.
How was the SABESP (SBS) sale price converted from Brazilian reais to U.S. dollars?
The filing states the R$28.81 per-share sale price was converted using an exchange rate of R$5.0174 per U.S.$1.00. This rate was reported by the Brazilian Central Bank on May 25, 2026, and underpins the disclosed U.S. dollar price of $5.74 per share.