Sabesp (SBS) officer exercises RSUs, with 2,267 shares withheld for taxes
Rhea-AI Filing Summary
Sabesp engineering officer Roberval Tavares de Sousa reported routine equity compensation activity involving restricted stock units and common shares. On May 1, 2026, he exercised RSUs to acquire 8,243 Common Shares, converting part of his derivative-based awards into direct share ownership.
To satisfy tax obligations, 2,267 Common Shares were withheld at $6.69 per share as a tax-withholding disposition, rather than an open-market sale. After these transactions, he directly held 5,976 Common Shares and 24,729 Restricted Stock Units. These RSUs stem from a prior grant of 32,965 units awarded on April 29, 2025, vesting in equal portions on May 1 of 2026, 2027, 2028 and 2029, contingent on his continued service as an officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,976 shares
Net Buy
3 txns
Insider
Tavares de Sousa Roberval
Role
Engineering 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
Tax-withheld shares: 2,267 Common Shares
Tax withholding price: $6.69 per share
Shares from RSU exercise: 8,243 Common Shares
+3 more
6 metrics
Tax-withheld shares
2,267 Common Shares
Withheld at $6.69 per share to cover tax liability
Tax withholding price
$6.69 per share
Price applied to 2,267 Common Shares for tax withholding
Shares from RSU exercise
8,243 Common Shares
Acquired on May 1, 2026 via RSU exercise
Common shares held after transactions
5,976 Common Shares
Direct ownership following May 1, 2026 transactions
RSUs remaining
24,729 Restricted Stock Units
Unvested or unexercised units after May 1, 2026
Original RSU grant
32,965 Restricted Stock Units
Granted on April 29, 2025, vesting 2026–2029
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, vesting pro rata, +1 more
5 terms
Restricted Stock Units financial
"the reporting person was granted an aggregate of 32,965 restricted stock units ("RSUs")"
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""
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 security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting pro rata financial
"32,965 restricted stock units ("RSUs"), vesting pro rata on each of May 1, 2026, May 1, 2027"
contingent right financial
"Each RSU represents the contingent right to receive one Common Share of the Issuer upon vesting."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transactions did Sabesp (SBS) report for Roberval Tavares de Sousa?
Sabesp reported that engineering officer Roberval Tavares de Sousa exercised restricted stock units into 8,243 Common Shares on May 1, 2026, with 2,267 shares withheld to cover tax liabilities, reflecting routine compensation-related equity activity rather than discretionary market buying or selling.
What restricted stock unit grant underlies the Sabesp (SBS) Form 4 transactions?
The Form 4 notes a grant of 32,965 restricted stock units awarded on April 29, 2025. These RSUs vest in equal installments on May 1, 2026, May 1, 2027, May 1, 2028 and May 1, 2029, subject to continued officer service.
Are the Sabesp (SBS) insider transactions open-market buys or sells?
The transactions are primarily an RSU exercise and a tax-withholding disposition. The officer acquired 8,243 Common Shares by exercising RSUs, while 2,267 shares were withheld to pay taxes, so there is no open-market purchase or sale reported here.
How many Sabesp (SBS) restricted stock units remain after the May 1, 2026 vesting?
Following the May 1, 2026 vesting and related exercise, the reporting person continues to hold 24,729 Restricted Stock Units. Each RSU represents the contingent right to receive one Sabesp Common Share upon future vesting dates, assuming continued service as an officer.