Banco Bradesco Executive Purchases $1.4 Million Worth of Shares
An executive officer at Banco Bradesco S.A., Oswaldo Tadeu Fernandes, purchased 79,782 shares for approximately $1.4 million on September 18, 2026, according to an SEC Form 4 filing. The transaction increased his direct holdings in the company by about 30%, bringing his total stake to 348,575 shares valued at around $1.2 million post-transaction. The purchase occurred when Banco Bradesco's stock was trading near a significant discount from its historical levels—acquired on average for $17.98 per share but closing the day of transaction at just $3.43, and rising slightly to $3.52 by September 21. The executive’s direct ownership is concentrated in preference shares with no indirect or derivative holdings reported. Banco Bradesco remains a major financial institution in Brazil, operating through Banking and Insurance divisions across retail and institutional markets. With a market capitalization of approximately $37.2 billion and over 82,000 employees, the company continues to serve diverse customer segments both domestically and internationally.
Tickers: $BBD