Insider sale
XP INC.
$580.04M
27.60M shares
What this filing means
ITAUSA S.A. plans to sell 27.60M shares of XP INC. valued at approximately $580.04M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Filed: 7/18/2023ACC: 0000947871-23-000758
27.60M
Shares to sell
$580.04M
Approx. market value
84.27M
Acquired (3 months)
1
Planned
2 completed
Securities Acquired — Last 3 Months2
Spin-off of IUPAR
Spin-off of investee
12/8/2021
39.39MMerger of XPart S.A. with and into XP Inc.
Exchange for other securities
10/1/2021
44.88MTotal acquired84.27M
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
12/8/2021 | Spin-off of IUPAR Spin-off of investee | 39.39M | — |
10/1/2021 | Merger of XPart S.A. with and into XP Inc. Exchange for other securities | 44.88M | — |
| Total | 84.27M | ||
Planned & Completed Dispositions3
Completed
—Completed
Units to sell
10M
Market value
$221.80M
6/26/2023
—Completed
Units to sell
12M
Market value
$226.92M
6/6/2023
Planned — Approximate Date
Nasdaq Stock MarketPlanned
Units to sell
5.60M
Market value
$131.32M
7/18/2023
Total
Units
27.60M
Value
$580.04M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
| Completed | ||||
6/26/2023 | 10M | $221.80M | — | Completed |
6/6/2023 | 12M | $226.92M | — | Completed |
| Planned — Approximate Date | ||||
7/18/2023 | 5.60M | $131.32M | Nasdaq Stock Market | Planned |
| Total | 27.60M | $580.04M | ||