XP Inc director sells 123K shares at $19.584

XP Inc. (XP) director Bruno Constantino Alexandre Dos Santos reported an indirect sale of 123,257 Class A Common Shares on September 16, 2026, at $19.584 per share, through an LLC.

Rhea-AI Filing Summary

XP Inc. (XP) director Bruno Constantino Alexandre Dos Santos reported an indirect sale of 123,257 Class A Common Shares on September 16, 2026, at $19.584 per share, through an LLC. After this transaction, he reports 1,500,000 Class A Common Shares held indirectly. The filing states the shares are held by an LLC owned by an irrevocable trust in which he is a manager and beneficiary, and he disclaims beneficial ownership except to the extent of his pecuniary interest. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 123,257 shares

Net Sell 1 txn

Insider Dos Santos Bruno Constantino Alexandre

Role Director

Sold 123,257 shs ($2.41M)

Type	Security	Shares	Price	Value
Sale	Class A Common Shares F1	123,257	$19.584	$2.41M

Holdings After Transaction: Class A Common Shares — 1,500,000 shares (Indirect, By LLC)

Footnotes (1)

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 a manager and a beneficiary. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Key Figures

Shares sold: 123,257 shares Sale price per share: $19.584 per share Shares held after transaction: 1,500,000 shares +2 more

5 metrics

Shares sold 123,257 shares Class A Common Shares sold on September 16, 2026

Sale price per share $19.584 per share Price for the September 16, 2026 Class A Common Shares sale

Shares held after transaction 1,500,000 shares Indirect Class A Common Shares position following the reported sale

Net shares sold in filing 123,257 shares Net sell volume across all reported transactions in this Form 4

Rule 10b5-1 plan status No Rule 10b5-1 plan reported Document-level checkbox for Rule 10b5-1 trading arrangements

Key Terms

Class A Common Shares, irrevocable trust, pecuniary interest, indirect ownership

4 terms

Class A Common Shares financial

"The Class A Common Shares are held by an LLC over which"

A Class A common share is a specific type of ordinary company share that represents an ownership stake and usually carries particular voting rights or payout priorities compared with other share classes. For investors it matters because those differences affect how much influence you have over company decisions, how dividends or liquidation proceeds might be distributed, and how easily the shares trade — like choosing between car models where one has extra features (more control) and another focuses on price or availability (liquidity).

irrevocable trust financial

"The equity interests of the LLC are held by an irrevocable trust"

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.

pecuniary interest financial

"disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"

indirect ownership financial

"total shares following transaction marked as indirect ownership by LLC"

FAQ

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

What insider transaction did XP (XP) disclose in this Form 4?

XP disclosed that director Bruno Constantino Alexandre Dos Santos reported an indirect sale of 123,257 Class A Common Shares on September 16, 2026, executed through an LLC associated with him.

At what price were the XP (XP) shares sold in this insider transaction?

The reported sale of XP Class A Common Shares was executed at a price of $19.584 per share on September 16, 2026, described as a sale in an open market or private transaction.

How many XP (XP) shares does the reporting person hold after this sale?

Following the reported transaction, the Form 4 shows 1,500,000 Class A Common Shares held indirectly by the reporting person, through an LLC structure linked to an irrevocable trust.

Is the XP (XP) insider sale tied to a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is unchecked, and there is no footnote indicating that the September 16, 2026 sale was made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

How are the XP (XP) shares in this Form 4 held by the reporting person?

The Class A Common Shares are held by an LLC over which the reporting person has investment control. The LLC’s equity interests are held by an irrevocable trust, and he disclaims beneficial ownership except for his pecuniary interest.

Does the XP (XP) Form 4 show any derivative security transactions?

No. The Form 4’s derivative section is empty, and the summary indicates no derivative transactions (such as options or warrants) reported for this filing; only a non-derivative Class A Common Shares sale is disclosed.

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

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Available on EDGAR 09/17/2026 - 09:49 PM Accepted by SEC EDGAR 09/17/2026 - 09:48 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dos Santos Bruno Constantino Alexandre

(Last) (First) (Middle)

20, GENESIS CLOSE

(Street)

GRAND CAYMAN, GEORGE TOWN KY-1-1208

(City) (State) (Zip)

CAYMAN ISLANDS

(Country)

2. Issuer Name and Ticker or Trading Symbol
XP Inc. [ XP ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares	09/16/2026		S		123,257	D	$19.584	1,500,000	I	By LLC(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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 a manager and a beneficiary. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

	/s/ Bruno Constantino Santos, by Marcela Cristina Tasso, as attorney-in-fact	09/17/2026
	** 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 4 (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 4: SEC 1474 (03-26)