Petrobras Director Marcelo Weick Pogliese Disposes of Entire Direct Equity Holdings
PETROBRAS - PETROLEO BRASILEIRO SA
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Filing Summary
# Insider Sale Notification - Petrobras (NYSE: PBR)
**Insider:** Marcelo Weick Pogliese (Director)
**Filing Date:** October 19, 2026
**Transaction Date:** September 14, 2026
### Transaction Summary:
- **Type:** Open Market Sale (Code S)
- **Securities:**
- 46 PETR3 shares @ $10.44 ($480.24)
- 225 PETR4 shares @ $9.46 ($2,128.50)
- **Total Shares Sold:** 271
- **Total Consideration:** $2,608.74
- **Post-Transaction Holdings:** 0 shares (Complete disposition)
- **Significance:** Low
Comprehensive Analysis
Executive Summary
On October 19, 2026, a Form 4 was filed for Petrobras - Petroleo Brasileiro SA (PBR) detailing open market dispositions by Director Marcelo Weick Pogliese. The transaction took place on September 14, 2026, and involved the sale of two share classes (PETR3 and PETR4) totaling 271 shares for an aggregate value of approximately $2,608.74.
Transaction Overview
- PETR3 (Common Shares): Sold 46 shares at an average price of $10.44 (converted from BRL 53.95 at 5.169 BRL/USD), realizing $480.24.
- PETR4 (Preferred Shares): Sold 225 shares at a weighted-average price of $9.46 (converted from BRL 48.91 at 5.169 BRL/USD), realizing $2,128.50.
- Ownership Status: Following these dispositions, the reporting person holds 0 direct shares in both classes.
Significance & Market Impact
- Trading Significance: Low.
- The aggregate transaction value of ~$2,609 is immaterial relative to Petrobras's market capitalization and daily trading volumes.
- While the transactions represent a complete liquidation of the insider's direct share position, the minimal quantity reflects personal or administrative rebalancing rather than an informative signal regarding corporate performance.
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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.
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