TIM S.A. (NYSE: TIMB) officer details restricted share grants
Filing Impact
Filing Sentiment
Form Type
3
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.
Positive
- None.
Negative
- None.
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 — 9,996 shares (Direct)
Footnotes (1)
- These restricted shares vest on July 31, 2026. Each restricted share represents a contingent right to receive one common share minus withholding taxes. These restricted shares vest on July 30, 2027.
FAQ
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.
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.