Itau Unibanco (ITUB) officer sells 50,000 ITUB4 shares, keeps over 1.26M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Itau Unibanco Holding S.A. executive Sergio Guillinet Fajerman, Chief People and MKT Officer, completed an open-market sale of 50,000 preferred shares (ITUB4). The shares were sold at a price of $9.38 per share, translated from Brazilian reais using an exchange rate of R$4.9806 per US$1.00 as of April 14, 2026. After this transaction, he continues to hold 1,265,119 preferred shares directly, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($469,000)
Net Sell
1 txn
Insider
Guillinet Fajerman Sergio
Role
Chief People and MKT Officer
Sold
50,000 shs ($469K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares (ITUB4) | 50,000 | $9.38 | $469K |
Holdings After Transaction:
Preferred shares (ITUB4) — 1,265,119 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 50,000 shares
Sale price per share: $9.38 per share
Shares held after transaction: 1,265,119 shares
+1 more
4 metrics
Shares sold
50,000 shares
Open-market sale of preferred shares (ITUB4) on April 14, 2026
Sale price per share
$9.38 per share
Price translated from Brazilian reais using April 14, 2026 exchange rate
Shares held after transaction
1,265,119 shares
Direct ownership of preferred shares (ITUB4) following the sale
Exchange rate used
R$4.9806 per US$1.00
Central Bank of Brazil selling rate on April 14, 2026
Key Terms
open-market sale, preferred shares (ITUB4), Form 4, Central Bank of Brazil, +1 more
5 terms
open-market sale financial
"completed an open-market sale of 50,000 preferred shares (ITUB4)"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"What did Itau Unibanco (ITUB) executive Sergio Guillinet Fajerman report on this Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Central Bank of Brazil financial
"as reported by the Central Bank of Brazil in the transaction footnote"
selling rate financial
"using an April 14, 2026 exchange rate of R$4.9806 per US$1.00"
FAQ
What did Itau Unibanco (ITUB) executive Sergio Guillinet Fajerman report on this Form 4?
He reported an open-market sale of 50,000 preferred shares (ITUB4). The transaction reflects a reduction in his holdings but is relatively small compared with his remaining 1,265,119 shares, suggesting he still maintains a significant ownership stake in Itau Unibanco.
What type of security was involved in the Itau Unibanco (ITUB) Form 4 transaction?
The transaction involved preferred shares identified as ITUB4. These are a class of equity separate from common shares, and the filing shows an open-market sale of 50,000 such preferred shares while confirming the executive’s remaining direct holdings in the same class.
How is the currency handled in this Itau Unibanco (ITUB) insider transaction?
The sale price is originally denominated in Brazilian reais and converted to U.S. dollars. The conversion uses the April 14, 2026 selling rate of R$4.9806 per US$1.00, as reported by the Central Bank of Brazil, to present the $9.38 per-share figure.