Insider sale
XP INC.
$507.98M
21.80M shares
What this filing means
ITAUSA S.A. plans to sell 21.80M shares of XP INC. valued at approximately $507.98M. 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: 9/13/2023ACC: 0000947871-23-000928
21.80M
Shares to sell
$507.98M
Approx. market value
84.27M
Acquired (3 months)
1
Planned
3 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 Dispositions4
Completed
—Completed
Units to sell
3.10M
Market value
$76.15M
9/8/2023
—Completed
Units to sell
5.60M
Market value
$132.75M
7/18/2023
—Completed
Units to sell
10M
Market value
$221.80M
6/26/2023
Planned — Approximate Date
Nasdaq Stock MarketPlanned
Units to sell
3.10M
Market value
$77.28M
9/13/2023
Total
Units
21.80M
Value
$507.98M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
| Completed | ||||
9/8/2023 | 3.10M | $76.15M | — | Completed |
7/18/2023 | 5.60M | $132.75M | — | Completed |
6/26/2023 | 10M | $221.80M | — | Completed |
| Planned — Approximate Date | ||||
9/13/2023 | 3.10M | $77.28M | Nasdaq Stock Market | Planned |
| Total | 21.80M | $507.98M | ||