Cassiano Ricardo Scarpelli, an Executive Officer at Bank Bradesco, filed a Form 4 on September 11, 2026, disclosing a sale of 70,000 preference shares transacted on September 10, 2026.

Key Highlights

  • Reporting Person: Cassiano Ricardo Scarpelli, identified as an Executive Officer of Bank Bradesco (NASDAQ:BBD)
  • Transaction: 70,000 preference shares (BBDC4) disposed of (transaction code S) on 09/10/2026
  • Sale Price: $18.5 per share, as reported in the filing
  • Remaining Ownership: 359,505 preference shares directly owned following the transaction
  • Ownership Form: All reported holdings are direct (D)
  • No Derivative Securities: No derivative security transactions were reported in Table II

Scarpelli's Preference Share Sale and Resulting Beneficial Ownership at Bank Bradesco

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Cassiano Ricardo Scarpelli, listed as an Executive Officer of Bank Bradesco, sold 70,000 preference shares of the class designated BBDC4 on September 10, 2026. The filing records the price per share as $18.5 and classifies the transaction with code "S," indicating a sale. The shares were disposed of directly, as indicated by the "D" ownership form designation.

Following the reported transaction, the filing states that Scarpelli directly beneficially owns 359,505 preference shares of BBDC4. No indirect holdings and no derivative securities positions were reported. The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan, as the corresponding checkbox was not selected. The earliest transaction date listed is 09/10/2026, and the form was signed by Cassiano Ricardo Scarpelli on that same date.

The reporting person's address is listed as Nucleo Cidade de Deus, S/N, Predio Vermelho, Vila Yara, Osasco, Sao Paulo/SP, 06029900, Brazil. The filing was made by one reporting person, as indicated by the checked line in Section 6 of the form.

What Was Disclosed

The filing discloses a single sale of 70,000 Bank Bradesco preference shares (BBDC4) by Executive Officer Cassiano Ricardo Scarpelli at $18.5 per share on September 10, 2026, leaving him with 359,505 directly held preference shares.