4/A: SABESP Insider Trades: Ownership Update
Ownership Statement Amendment
Roberval Tavares de Sousa, Engineering Officer at SABESP, reported a transaction involving 5,900 common shares.
Summary
- Roberval Tavares de Sousa, the Engineering Officer for COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (SBS), filed a Form 4/A to amend a previous filing.
- The amendment corrects the price per share for a transaction of 5,900 common shares.
- The transaction date was May 25, 2026, with the corrected price being $5.74 per share (equivalent to R$28.81).
- The exchange rate used for conversion was R$5.0174 per U.S.$1.00 as of May 25, 2026.
- Following the transaction, 76 shares are directly beneficially owned by the reporting person.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, primarily an administrative correction of a previous report without significant new financial information or strategic implications.
Positives
- Correction of a previous filing indicates a commitment to accurate reporting.
- The transaction involved a relatively small number of shares, suggesting it may not represent a significant shift in beneficial ownership.
Negatives
- The need for an amendment to correct a price per share indicates a minor error in the initial filing.
Risks
- Potential for minor inaccuracies in SEC filings, although this amendment addresses one such instance.
- The company is a foreign private issuer, and its transactions are exempt from certain SEC regulations (Sections 16(b) and 16(c)).
Future Outlook
No forward-looking statements or guidance are present in this filing.
Management Comments
- This Form 4/A amends the Form 4 filed on May 29, 2026 to correct the price per share reported in Table I.
Industry Context
StockSavvy.ai notes that this filing is a routine Form 4/A amendment for an insider transaction, common in the utility sector where executive compensation and stock ownership are closely monitored.
Stakeholder Impact
- Shareholders: The amendment provides corrected information on insider shareholdings, contributing to transparency.
Next Steps
- The amendment ensures the accuracy of public records regarding insider beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 05/25/2026 | Transaction date for common shares and date of exchange rate reporting. |
| 05/29/2026 | Date of original Form 4 filing. |
| 06/17/2026 | Signature date on the Form 4/A filing. |
Keywords
SABESP, Form 4, Insider Trading, Ownership, SEC Filing, Common Shares, Roberval Tavares de Sousa, Engineering Officer
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