Sabesp CFO sells 7,381 common shares
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP Chief Financial Officer Daniel Szlak reported selling a total of 7,381 Common Shares of the company in open-market transactions at a price of $28.30 per share.
Rhea-AI Filing Summary
COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP Chief Financial Officer Daniel Szlak reported selling a total of 7,381 Common Shares of the company in open-market transactions at a price of $28.30 per share.
Two separate sales on June 15, 2026 covered 81 shares and 7,300 shares. After these transactions, Szlak’s directly held Common Shares reported in this filing decreased to zero, indicating he no longer shows a direct share position in this Form 4.
Positive
- None.
Negative
- None.
Insights
Sabesp’s CFO sold 7,381 shares, leaving no direct holdings in this filing.
The Form 4 shows Chief Financial Officer Daniel Szlak executed open-market sales totaling 7,381 Common Shares at $28.30 per share on June 15, 2026. Both transactions are classified as non-derivative, meaning they involved existing common equity rather than options or other derivatives.
After the sales, the reported direct ownership of Common Shares is zero, and there are no remaining derivative positions disclosed in this filing. The absolute share count is modest in market terms; the main point of note is that the CFO’s directly reported position is now fully sold in this specific account.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 7,300 | $28.30 | $207K |
| Sale | Common Shares | 81 | $28.30 | $2K |
Key Figures
Key Terms
open-market sale financial
non-derivative financial
transaction code "S" financial
FAQ
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What did Sabesp (SBS) CFO Daniel Szlak report in this Form 4?
Were any Sabesp (SBS) derivative securities involved in the CFO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.