Insider Cluster (4 insiders) ·Filed Sep 8, 2026
Insider cluster: 4 insiders, $0.1M total
Actionable Insight • Neutral
Insider selling is routine and non-informative at this scale. Monitor next quarterly filing for any change in insider ownership patterns or fundamental performance.
Latest settled — T+20d
BSBR ▼ -0.17% at T+20d
NEUTRAL call -0.17% · α vs SPY -2.11% · entry $5.89 → $5.88
Latest observation: T+32 -9.90% FF3 residual α
T+1d
-0.17%
call -0.17% · α +0.43%
$5.88
settled 7w ago
T+5d
-1.36%
call -1.36% · α -0.26%
$5.81
settled 6w ago
T+20d
-0.17%
call -0.17% · α -2.11%
$5.88
settled 22d ago
T+60d
Pending
in 5w
Price Chart
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Executive Summary
Four Banco Santander (Brasil) insiders sold a total of $129K in open-market sales over a one-week period. The aggregate dollar value is trivial relative to the company's market cap, and no C-suite executives participated, making this routine portfolio diversification with no material signal.
Key Financial Metrics
Direction
selling
Total Value
$129.0K
Insiders
4
Key Facts
- 4 insiders sold shares totaling $129K between Aug 27 and Sep 3, 2026
- No CEO, CFO, or board members participated — all sellers are mid-level officers
- Largest single sale was $43K by Marcos Jose Maia da Silva
- Total sales represent a negligible fraction of market cap (<0.1%)
Financial Impact
Total insider sales of $129K — immaterial relative to company size
Risk Factors
- No material risk identified from this insider activity
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BSBR-1788903694275 |
42 reports for BSBR
80% Hit rate @ T+20 Went positive at some point 5 of 5 best @ T+20▲ +14.79%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 18d ago | 6-K | $5.77 | awaiting T+20 | — | $4.84 (−16.12%) |
Oct 9, 2026 18d ago | 6-K | $5.77 | awaiting T+20 | — | $4.84 (−16.12%) |
Oct 7, 2026 20d ago | 3 | $5.82 | awaiting T+20 | — | $4.84 (−16.84%) |
Oct 2, 2026 25d ago | 6-K | $5.78 | awaiting T+20 | — | $4.84 (−16.26%) |
Sep 29, 2026 29d ago | Insider Cluster | $5.57 | awaiting T+20 | — | $4.84 (−13.11%) |
Sep 28, 2026 29d ago | Insider Cluster | $5.68 $4.84 | ▲ +14.79% | ▲ +15.50% | $4.84 (+14.79%) |
Sep 21, 2026 5w ago | 425 | $5.84 $5.62 | ▼ −3.77% | ▼ −3.21% | $4.84 (−17.12%) |
Sep 21, 2026 5w ago | 425 | $5.84 $5.62 | ▼ −3.77% | ▼ −3.21% | $4.84 (−17.12%) |
Sep 21, 2026 5w ago | 6-K | $5.84 $5.62 | ▼ −3.77% | ▼ −3.21% | $4.84 (−17.12%) |
Sep 8, 2026 7w ago | Insider Cluster | $5.89 $5.88 | ▼ −0.17% | ▼ −2.11% | $4.84 (−17.83%) |
Showing 10 of 42
US Market Status
Market Closed — Opens Thu (11h 6m)
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