XP Inc director plans $2.4M stock sale
Rhea-AI Filing Summary
XP Inc. (XP) received a notice under Rule 144 that director Dos Santos Bruno Constantino Alexandre intends to sell 123,257 Class A common shares, with an aggregate market value of $2,413,885.62, out of 415,368,323 Class A shares outstanding, through UBS Financial Services Inc.
The shares were issued on February 26, 2026 to Ganesha LLC, which received 1,623,257 Class A shares as consideration for its exit from XP Control LLC; Bruno Constantino Santos serves as manager of Ganesha LLC and beneficially owns it through an irrevocable trust.
Positive
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Negative
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Key Figures
Shares to be sold: 123,257 Class A common shares
Aggregate market value of planned sale: $2,413,885.62
Class A shares outstanding: 415,368,323 shares
+4 more
7 metrics
Shares to be sold
123,257 Class A common shares
Planned sale under Rule 144 by a director-associated holder
Aggregate market value of planned sale
$2,413,885.62
Value of 123,257 Class A shares covered by the notice
Class A shares outstanding
415,368,323 shares
Outstanding Class A common shares of XP Inc. referenced in the notice
Approximate date of sale
September 16, 2026
Approximate date the Rule 144 shares are expected to be sold
Shares received by Ganesha LLC
1,623,257 Class A common shares
Shares issued to Ganesha LLC in exchange for its equity interest in XP Control LLC
Date shares issued to Ganesha LLC
February 26, 2026
Acquisition date of the 1,623,257 Class A shares by Ganesha LLC
Signature date
September 17, 2026
Date the Form 144 notice was signed by Dos Santos Bruno Constantino Alexandre
Key Terms
Rule 144, beneficially owns, irrevocable trust, aggregate market value
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
beneficially owns financial
"beneficially owns Ganesha LLC through an irrevocable trust"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
irrevocable trust financial
"through an irrevocable trust that holds interests in Ganesha LLC"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
aggregate market value financial
"123257 | 2413885.62 | 415368323"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for XP (XP Inc.)?
It discloses that director Dos Santos Bruno Constantino Alexandre, through interests in Ganesha LLC, intends to sell 123,257 Class A common shares of XP Inc. under Rule 144, with sales to be executed through UBS Financial Services Inc.
What is the relationship of Bruno Constantino Santos to Ganesha LLC in the XP (XP Inc.) filing?
The filing states that Bruno Constantino Santos serves as manager of Ganesha LLC and beneficially owns Ganesha LLC through an irrevocable trust that holds interests in Ganesha LLC.
Through which broker will the XP (XP Inc.) Rule 144 sale be executed?
The planned sale is to be executed through UBS Financial Services Inc., UBS International Division, located at 1285 Avenue of the Americas, 19th Floor, New York, NY 10019.
AI-generated analysis. How Rhea-AI works. Not financial advice.