Sabesp (SBS) relations & sustainability officer sells 5,700 shares
Rhea-AI Filing Summary
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO – SABESP Institutional Relations & Sustainability Officer Samanta I.S. Tavares de Sousa executed an open-market sale of 5,700 Common Shares on May 21, 2026, at an average price of $5.72 per share.
Following this transaction, the officer directly holds 43 Common Shares. A footnote states this price is equivalent to R$28.61 per share, using an exchange rate of R$5.0046 per U.S.$1.00 reported by the Brazilian Central Bank on May 21, 2026.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 5,700 shares
Net Sell
1 txn
Insider
Tavares de Sousa Samanta I.S.
Role
Inst. Rel. & Sustain. Officer
Sold
5,700 shs ($33K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 5,700 | $5.72 | $33K |
Holdings After Transaction:
Common Shares — 43 shares (Direct)
Footnotes (1)
- F1. Equivalent to R$28.61 per share. Amounts presented were converted into U.S. dollars at the exchange rate of R$5.0046 per U.S.$1.00 as reported by Brazilian Central Bank on May 21, 2026.
Key Figures
Shares sold: 5,700 shares
Sale price: $5.72 per share
Post-transaction holdings: 43 shares
+2 more
5 metrics
Shares sold
5,700 shares
Open-market sale on May 21, 2026
Sale price
$5.72 per share
Average price for Common Shares sold
Post-transaction holdings
43 shares
Common Shares held directly after sale
BRL equivalent price
R$28.61 per share
Footnote currency conversion for sale price
Exchange rate
R$5.0046 per US$1.00
Rate reported by Brazilian Central Bank on May 21, 2026
Key Terms
open-market sale, Common Shares, exchange rate, Brazilian Central Bank
4 terms
open-market sale financial
"transaction_action is described as an 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
"Amounts presented were converted into U.S. dollars at the exchange rate of R$5.0046"
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.
Brazilian Central Bank financial
"as reported by Brazilian Central Bank on May 21, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SABESP (SBS) report in this Form 4/A?
SABESP reported that its Institutional Relations & Sustainability Officer, Samanta I.S. Tavares de Sousa, sold 5,700 Common Shares in an open-market transaction on May 21, 2026, as disclosed in the amended Form 4.
Was the SABESP (SBS) insider transaction a buy or a sell?
The SABESP insider transaction was a sale. The Form 4/A lists transaction code “S,” describes it as an open-market sale, and classifies the transaction direction as “sell” for 5,700 Common Shares.
Does the SABESP (SBS) Form 4/A mention any currency conversion details?
Yes. A footnote explains that the $5.72 per-share sale price is equivalent to R$28.61, based on an exchange rate of R$5.0046 per U.S.$1.00 reported by the Brazilian Central Bank on May 21, 2026.