[Form 3] XP Inc. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
XP Inc. director Dos Santos Bruno Constantino Alexandre filed an initial ownership report showing indirect holdings of 1,623,257 Class A common shares. The shares are held through an LLC whose equity is owned by an irrevocable trust where he serves as investment advisor and beneficiary, and he disclaims beneficial ownership beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dos Santos Bruno Constantino Alexandre
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Shares | -- | -- | -- |
Holdings After Transaction:
Class A Common Shares — 1,623,257 shares (Indirect, By LLC)
Footnotes (1)
- F1. The Class A Common Shares are held by an LLC over which the reporting person has investment control. The equity interests of the LLC are held by an irrevocable trust of which the reporting person is an investment advisor and a beneficiary. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
FAQ
What does the XP (XP) Form 3 filing by Dos Santos Bruno Constantino Alexandre show?
The Form 3 shows indirect ownership of 1,623,257 Class A common shares of XP Inc. These shares are held through an LLC whose equity is owned by an irrevocable trust, with the director as investment advisor and beneficiary, disclosing his economic interest.
How does the footnote in the XP Inc. Form 3 affect beneficial ownership interpretation?
The footnote explains the shares are held by an LLC owned by an irrevocable trust. The director acts as investment advisor and beneficiary and disclaims beneficial ownership of these shares except for his pecuniary interest, clarifying the indirect nature of his stake.
What type of security is reported in the XP (XP) Form 3 filing?
The filing reports holdings of Class A common shares of XP Inc. It states a total of 1,623,257 shares held indirectly via an LLC connected to an irrevocable trust, outlining the class of equity and how it is beneficially owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.