Julio Cesar Bueno spent roughly $1.999 million on Banco Bradesco ($BBD) shares in a single day, making him the most active insider at the Brazilian bank by dollar value over the past month. The Chief Legal Officer and Executive Officer executed two open-market purchases on July 1, 2026, and the Form 4 disclosing the trades reached the SEC just one day later, on July 2.
The bulk of the position came through a single tranche: 110,400 shares at $18.10 each, worth approximately $1.998 million. A second, smaller lot of 41 shares followed at $18.11 per share. Both legs appeared under the same accession number in a single Form 4 filing. After the transactions settled, Bueno held 280,194 shares of $BBD in total.
The purchase fits into a stretch of open-market activity among Bradesco's leadership. On June 24, 2026, Jose Ramos Rocha Neto, listed in his filing as President, acquired 57 shares at $17.68 each, with the filing submitted the following day. Bueno's per-share price of $18.10 to $18.11 represents a modest premium to that figure, reflecting movement in the stock over the intervening week.
Activity ran in both directions during the period. On June 1, 2026, Board Member Mauricio Machado de Minas sold 29,800 shares at $17.56 per share, totaling approximately $523,000, in an open-market sale disclosed on June 3. Taken together, the Bueno, Neto, and de Minas filings represent three separate Form 4s from three distinct insiders across a roughly month-long window spanning June 1 through July 1, 2026.
Bueno's transaction dwarfs the other two in scale. His primary tranche of 110,400 shares is more than 1,900 times larger by share count than Neto's 57-share purchase, and roughly four times larger in dollar terms than de Minas's $523,000 sale.
No congressional disclosures referencing $BBD were identified in connection with this filing. Banco Bradesco is one of Brazil's largest financial institutions; its American Depositary Receipts trade on the New York Stock Exchange under the ticker $BBD, within the banking sector.