SABESP (SBS) officer vests 8,243 RSUs, 2,267 shares used for tax withholding
Rhea-AI Filing Summary
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP operations and maintenance officer Debora Pierini Longo exercised 8,243 restricted stock units into Common Shares on May 1, 2026. To cover tax obligations, 2,267 Common Shares were withheld at $6.69 per share. After these transactions, she directly holds 5,976 Common Shares and 24,729 restricted stock units from a 32,965-unit grant awarded on April 29, 2025, which vests in equal portions on May 1 of 2026, 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,976 shares
Net Buy
3 txns
Insider
Pierini Longo Debora
Role
Operations & Maint. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,243 | $0.00 | $0.00 |
| Exercise | Common Shares | 8,243 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 2,267 | $6.69 | $15K |
Holdings After Transaction:
Restricted Stock Units — 24,729 shares (Direct);
Common Shares — 5,976 shares (Direct)
Footnotes (1)
- F1. On April 29, 2025, the reporting person was granted an aggregate of 32,965 restricted stock units ("RSUs"), vesting pro rata on each of May 1, 2026, May 1, 2027, May 1, 2028 and May 1, 2029, subject to continued service as an officer of the issuer. Each RSU represents the contingent right to receive one Common Share of the Issuer upon vesting.
Key Figures
RSUs exercised: 8,243 shares
Tax-withholding shares: 2,267 shares
Tax-withholding price: $6.69 per share
+3 more
6 metrics
RSUs exercised
8,243 shares
Restricted stock units converted to Common Shares on May 1, 2026
Tax-withholding shares
2,267 shares
Common Shares withheld to pay taxes on May 1, 2026
Tax-withholding price
$6.69 per share
Value used for the 2,267-share tax-withholding disposition
Common Shares after transaction
5,976 shares
Direct SABESP Common Share holdings following reported transactions
RSUs remaining
24,729 units
Restricted stock units held after converting 8,243 units
Original RSU grant
32,965 units
Grant awarded on April 29, 2025, vesting annually 2026–2029
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"the reporting person was granted an aggregate of 32,965 restricted stock units ("RSUs"), vesting pro rata"
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 2,267 Common Shares at $6.69"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for 8,243 restricted stock units"
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SABESP (SBS) report for Debora Pierini Longo?
SABESP reported that officer Debora Pierini Longo exercised 8,243 restricted stock units into Common Shares on May 1, 2026. As part of the same event, 2,267 shares were withheld to satisfy tax obligations, leaving her with 5,976 Common Shares held directly afterward.
What are Debora Pierini Longo’s SABESP (SBS) holdings after the reported transactions?
After the May 1, 2026 transactions, she directly holds 5,976 SABESP Common Shares. She also continues to hold 24,729 restricted stock units, which represent additional potential Common Shares as they vest under the original grant’s four-year vesting schedule.
What are the terms of the SABESP (SBS) restricted stock unit grant mentioned in the Form 4?
On April 29, 2025, she was granted 32,965 restricted stock units, vesting pro rata on May 1 of 2026, 2027, 2028 and 2029. Each RSU gives the contingent right to receive one SABESP Common Share upon vesting, subject to continued service as an officer.