TIM S.A. (NYSE: TIMB) 6-K outlines controlling shareholder and board stakes
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
TIM S.A., a foreign private issuer, filed a Form 6-K presenting a consolidated overview of securities positions and related-party information, aligned with Brazilian CVM Resolution 44/21. The filing lists holdings by the controlling shareholder, board, fiscal council and persons connected to management.
The consolidated form shows a controlling shareholder group with 67.386500% of common shares of the same type and class. TIM S.A. is shown with 1,611,969,909 common registered shares. Board members are reported with holdings of 296,359 common shares and the fiscal council with 93,453 common shares, while several governance categories report no holdings or activity in the month.
Positive
- None.
Negative
- None.
Key Figures
Controlling shareholder stake: 67.386500%
Common registered shares: 1,611,969,909 shares
Board holdings: 296,359 shares
+3 more
6 metrics
Controlling shareholder stake
67.386500%
Common shares of the same type and class
Common registered shares
1,611,969,909 shares
Common registered shares of TIM S.A.
Board holdings
296,359 shares
Common registered shares held by Board of Directors
Fiscal council holdings
93,453 shares
Common registered shares held by Fiscal Council
Reported stake 1
0.012389%
Same type/class total shares for a related-party group
Reported stake 2
0.003907%
Same type/class total shares for a related-party group
Key Terms
Related Party Transactions, foreign private issuer, CVM resolution 44/21, controlling shareholder, +1 more
5 terms
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
CVM resolution 44/21 regulatory
"There were the following securities and derivatives operations, in accordance with CVM resolution 44/21"
Form 6-K regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
FAQ
What does TIMB’s latest Form 6-K primarily disclose?
The Form 6-K from TIM S.A. (TIMB) primarily discloses consolidated information on securities holdings and related-party positions. It details ownership percentages and share quantities for the controlling shareholder, board, fiscal council, and connected parties under CVM Resolution 44/21.
What holdings do TIMB’s board members report in this 6-K?
Board members are reported with 296,359 common registered shares in TIM S.A. The filing presents this as both the opening and closing balance for the period, with no activity in the month indicated for these board holdings.
What holdings does TIMB’s fiscal council report in the document?
The fiscal council is reported with 93,453 common registered shares. The filing shows this quantity as both the opening and closing balance, and notes no intermediary transactions, indicating no reported activity in the month for these positions.
Are there many zero-balance categories in TIMB’s Form 6-K table?
Yes. Several governance and related-party categories in the consolidated form show 0 common registered shares and no activity in the month. These zero balances indicate that some boards, management groups, or connected persons do not hold reportable positions.
