Welcome to our dedicated page for Tim S A SEC filings (Ticker: TIMB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The TIM S.A. (TIMB) SEC filings page on Stock Titan provides access to the company’s U.S. regulatory disclosures as a foreign private issuer. TIM S.A., which trades on B3 as TIMS3 and on the NYSE as TIMB through American Depositary Shares, files annual reports on Form 20-F and frequent current reports on Form 6-K under the Securities Exchange Act of 1934. Notices to the market confirm that Form 20-F contains the annual report for a given calendar year, while Form 6-K is used to furnish material information to U.S. investors.
In these filings, investors can review material facts on the distribution of profits in the form of dividends and interest on equity (IOE), including total amounts, gross value per share, and record dates. Rectifying notices explain adjustments to the per-share amounts when the number of treasury shares changes. Board minutes and Fiscal Council opinions, also filed via Form 6-K, document the internal approval process for these distributions and provide insight into TIM’s capital management policies.
Filings further describe decisions on share repurchase programs and the cancellation of treasury shares, which affect the total number of outstanding common shares. Consolidated forms on director and related party transactions, submitted in accordance with Brazilian CVM Resolution 44/21, detail holdings and movements in TIM’s common registered shares by board members, executives, the controlling shareholder, and related parties, offering transparency into insider positions.
Stock Titan enhances these documents with AI-powered summaries that highlight key points in each filing, helping users quickly understand complex items such as profit distribution resolutions, strategic transactions like the planned acquisition of V8 Consulting S.A. (V8.Tech), and changes to governance policies. Real-time updates from EDGAR mean new 20-F and 6-K filings appear promptly, and users can also locate information relevant to insider activity and committee decisions without reading every page of the original documents.
TIM S.A. investor relations officer Ferreira Vicente De Moraes filed an initial Form 3 showing direct ownership of common and restricted shares. The filing reports 22,368 common shares plus restricted shares tied to 5,926 and 4,481 underlying common shares. These restricted shares vest on July 31, 2026 and July 30, 2027 and each represents a contingent right to receive one common share minus withholding taxes.
TIM S.A. legal officer and corporate secretary Fabiane Reschke filed an initial ownership report showing holdings of restricted shares that convert into common shares. The filing lists two blocks of restricted shares covering 22,707 and 17,342 underlying common shares.
One block of restricted shares vests on July 31, 2026, and the other on July 30, 2027. Each restricted share represents a contingent right to receive one common share, reduced by any withholding taxes due at vesting. The filing does not reflect open‑market buying or selling activity.
Maria Antonietta Russo, an officer of TIM S.A., reports direct holdings of company equity. She holds 47,274 common shares, along with two blocks of restricted shares tied to common stock: one covering 18,327 underlying common shares that vest on July 31, 2026, and another covering 18,062 underlying common shares that vest on July 30, 2027. Each restricted share represents a contingent right to receive one common share, reduced by any withholding taxes. The entries are reported as holdings with no buy or sell transactions indicated in the filing summary.
TIM S.A. officer Mario Girasole has filed an initial statement of ownership, showing a mix of restricted and common shares in TIMB. He directly holds 22,492 restricted shares that vest on July 31, 2026 and 17,178 restricted shares that vest on July 30, 2027. Each restricted share represents a contingent right to receive one common share, reduced by withholding taxes. He also directly owns 7,862 common shares, giving him a meaningful equity stake aligned with the company’s long-term performance.
TIM S.A. Chief Financial Officer Andrea Palma Viegas Marques has filed an initial ownership report showing her equity position in the company. She holds 38,317 common shares directly. She also holds restricted shares tied to 22,135 and 20,810 underlying common shares, vesting on July 31, 2026 and July 30, 2027, respectively. Each restricted share represents a contingent right to receive one common share, reduced for any required withholding taxes when they vest.
TIM S.A. Chief Executive Officer Alberto Mario Griselli has filed an initial ownership report on Form 3. The filing shows he directly holds 220,759 common shares of TIM S.A. This is a statement of existing beneficial ownership rather than a report of new share purchases or sales.
TIM S.A. reports consolidated information on securities holdings and transactions by its board of directors, executive management, fiscal council, advisory bodies, controlling shareholder and related parties, in accordance with CVM Resolution 44/21.
The controlling shareholder section lists a holding of 67.386500% of common registered shares, corresponding to 1,611,969,909 shares. Individual directors and related parties show very small ownership percentages, such as 0.021617%, 0.012389% and 0.011928%, including positions linked to a compensation plan.
TIM S.A. filed a report summarizing a Fiscal Council meeting held with the Statutory Audit Committee. The Council reviewed the methodology for calculating 2026 interest on shareholders’ equity and a proposal to simplify how these payments are submitted and approved, and expressed a favorable opinion, noting projected benefits and compliance with applicable rules.
The members also evaluated a Tax Contingencies Report supported by an external legal review that recognized the company’s technical soundness in handling tax litigation and adherence to accounting standards and market practices. The Council accepted management’s explanations and confirmed that existing controls and procedures meet the recommendations presented.
TIM S.A. calls an annual and extraordinary shareholders’ meeting for March 31, 2026 to approve 2025 accounts, profit allocation, board and fiscal council elections, compensation and by-law changes, including an extension and 19th amendment of its Cooperation and Support Agreement with Telecom Italia.
In 2025, net revenue reached R$26.6 billion, up 4.6% year over year, while Adjusted EBITDA was R$13.53 billion and net income rose 36.7% to R$4.31 billion. Adjusted net debt was R$11.09 billion, equal to 0.8x Adjusted EBITDA, with gross debt of R$16.03 billion and strong interest coverage of 7.6x.
The company proposes allocating 92.76% of 2025 profit as gross dividends and interest on equity totaling R$4.0 billion, plus R$900.8 million paid from prior years’ earnings. TIM repurchased 33.5 million shares in 2025, cancelling 28.7 million, and plans 2026 capex of R$4.4–4.6 billion focused on 5G, broadband and B2B growth.
TIM S.A. announced changes to its Board of Directors. Mr. Nicandro Durante resigned as member and Chairman of the Board, and from his roles as Chairman of the Compensation Committee, Chairman of the Environmental, Social & Governance Committee, and member of the Statutory Audit Committee, effective from March 31, 2026.
Following his resignation, the Board elected Mr. Adrian Calaza as Chairman and appointed Mr. Camillo Greco as a Board member, both effective from March 31, 2026. The company highlighted Mr. Greco’s background in investment banking and finance and expressed gratitude to Mr. Durante for his service, stating it will inform shareholders of further leadership updates in line with applicable regulations.