TIM S.A. insider reports restricted share holdings

TIM S.A. executive Demaria Saverio, Head Business to Consumer, filed an initial ownership report showing holdings of restricted shares tied to TIM common stock.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

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Form Type

Rhea-AI Filing Summary

TIM S.A. executive Demaria Saverio, Head Business to Consumer, filed an initial ownership report showing holdings of restricted shares tied to TIM common stock.

He holds restricted shares representing 9,996 underlying common shares that vest on July 31, 2026, and additional restricted shares representing 7,853 underlying common shares that vest on July 30, 2027. Each restricted share is a contingent right to receive one common share, minus shares withheld for taxes.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Demaria Saverio

Role Head Business to Consumer

Type	Security	Shares	Price	Value
holding	Restricted Shares	--	--	--
holding	Restricted Shares	--	--	--

Holdings After Transaction: Restricted Shares — 17,849 contracts (Direct)

Footnotes (3)

F1. These restricted shares vest on July 31, 2026.
F2. Each restricted share represents a contingent right to receive one common share minus withholding taxes.
F3. These restricted shares vest on July 30, 2027.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the TIMB Form 3 filing by Demaria Saverio report?

The Form 3 shows Demaria Saverio’s initial holdings of restricted shares in TIM S.A. These restricted shares represent contingent rights to receive common shares, with specific vesting dates and direct ownership, rather than recording any new purchase or sale transaction.

How many TIMB restricted shares does Demaria Saverio report and when do they vest?

Demaria Saverio reports restricted shares representing 9,996 underlying common shares vesting on July 31, 2026, and restricted shares representing 7,853 underlying common shares vesting on July 30, 2027. These positions are held directly and reflect future equity that depends on vesting.

What do the restricted shares in the TIMB Form 3 entitle Demaria Saverio to receive?

Each restricted share gives a contingent right to receive one TIM common share, minus any shares withheld for taxes. This means the final number of common shares delivered at vesting will be reduced by tax withholding obligations settled in shares.

What role does Demaria Saverio hold at TIM S.A. according to the Form 3?

Demaria Saverio is identified as an officer of TIM S.A., serving as Head Business to Consumer. The Form 3 links his reported restricted share holdings to this executive position within the company’s leadership structure and classifies his ownership as direct.

Are the restricted shares in the TIMB Form 3 currently exercisable or paid for?

The restricted shares carry a conversion or exercise price of 0.0000, indicating no cash exercise cost, but they are contingent and unvested. They vest on the specified future dates, when they may convert into common shares subject to tax withholding.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/18/2026 - 02:13 PM EDT

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Demaria Saverio

(Last)

(First)

(Middle)

JOAO CABRAL DE MELO NETO AVENUE

850 - SOUTH TOWER - 12TH FLOOR

(Street)

RIO DE JANEIRO

BRAZIL

22775-057

(City)

(State)

(Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
TIM S.A. [ TIMB ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Head Business to Consumer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Shares	⁽¹⁾	⁽¹⁾	Common Shares	9,996	⁽²⁾	D
Restricted Shares	⁽³⁾	⁽³⁾	Common Shares	7,853	⁽²⁾	D

Explanation of Responses:

1. These restricted shares vest on July 31, 2026.

2. Each restricted share represents a contingent right to receive one common share minus withholding taxes.

3. These restricted shares vest on July 30, 2027.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ Leonardo Caiaffo Ferreira, attorney-in-fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR