Pedro Moreira Salles (NYSE: ITUB) discloses major direct and indirect stakes
Rhea-AI Filing Summary
Itau Unibanco Holding S.A. director Pedro Moreira Salles filed an initial ownership report showing sizable equity stakes. He reports direct ownership of 12,138,124 preferred shares (ITUB4) and 13,370,378 common shares (ITUB3). He also reports indirect holdings of 128,886 preferred shares by his spouse and 2,905,107,629 common shares through a controlled corporation, while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Moreira Salles Pedro
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Preferred shares (ITUB4) | -- | -- | -- |
| holding | Common shares (ITUB3) | -- | -- | -- |
| holding | Preferred shares (ITUB4) | -- | -- | -- |
| holding | Common shares (ITUB3) | -- | -- | -- |
Holdings After Transaction:
Preferred shares (ITUB4) — 12,138,124 shares (Direct);
Common shares (ITUB3) — 13,370,378 shares (Direct);
Preferred shares (ITUB4) — 128,886 shares (Indirect, By Spouse);
Common shares (ITUB3) — 2,905,107,629 shares (Indirect, By Corporation)
Footnotes (1)
- F1. The reporting person holds these shares indirectly through an indirect controlling shareholder of the issuer which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
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FAQ
What does Pedro Moreira Salles report in his Form 3 for ITUB?
He reports significant direct and indirect ownership in Itau Unibanco. Directly, he holds preferred and common shares, and indirectly he reports additional positions via his spouse and a corporation he controls, while disclaiming full beneficial ownership beyond his pecuniary interest.
Does the ITUB Form 3 show any recent insider buying or selling?
No, the Form 3 lists ownership positions only and does not show any buy or sell transactions. All entries are reported as holdings as of the stated date, with no transaction codes indicating purchases, sales, exercises, or gifts during the reported period.
What is the significance of the beneficial ownership disclaimer in the ITUB Form 3?
The disclaimer states he does not concede full beneficial ownership of all indirectly reported shares. It limits his acknowledgment to his pecuniary interest, meaning the filing records economic exposure while clarifying legal ownership and control for Section 16 and related regulatory purposes.