TIM S.A. Director Nicandro Durante Files Initial Form 3: No Holdings Reported
TIM S.A.
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Filing Summary
TIM S.A. Director Nicandro Durante Files Initial Form 3: No Holdings Reported
Company: TIM S.A. (TIMB) Form: 3 (Initial Statement) | Filed: 2026-03-18 Significance: Low
Insider: Durante Nicandro Title: Director | Relationship: Director
Transaction: • Type: Initial Statement of Ownership • Shares Owned: 0 • Value: $0
Key Insight: New Director Nicandro Durante filed an initial statement of beneficial ownership reporting zero securities owned upon assuming the position.
Market Context: TIM S.A. is a Large Cap telecom company ($62.7B Market Cap). This is a routine governance filing.
Comprehensive Analysis
SEC Filing Analysis: TIM S.A. (TIMB)
Executive Summary
- Trading Significance: Low
- Key Takeaway: New Director Nicandro Durante reports zero initial share ownership in routine Form 3 filing.
- Market Impact: Neutral - Procedural filing with no economic signal.
Company Information
| Field | Value |
|---|---|
| Company | TIM S.A. |
| Ticker Symbol | TIMB |
| CIK | 0001826168 |
| Market Cap | $62.70 billion |
Insider Information
| Field | Value |
|---|---|
| Name | Durante Nicandro |
| CIK | 0001448213 |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 3 (Initial Statement) |
| Filing Date | 2026-03-18 |
| Shares Owned | 0 |
| Ownership Type | N/A |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 |
| % of Market Cap | 0.00% |
| Shares Transacted | 0 |
| % of Shares Outstanding | 0.00% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market capitalization of $62.70 billion, this filing is purely administrative.
- Ownership Concentration: The insider currently holds 0% of the 2.39 billion shares outstanding.
- Transaction Significance: This is a Form 3 indicating no securities are owned. It establishes a baseline for future reporting but carries no transactional weight.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The filing discloses no buying or selling activity and merely registers a new insider with the SEC.
Volume & Sentiment
- Expected Volume Impact: None.
- Sentiment Indicator: Neutral.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.