TIM S.A. Form 6-K Summary
Business context and reporting period
TIM S.A. filed this Form 6-K on December 10, 2021, reporting securities ownership and trading activity under CVM Resolution 44/21. The filing does not present financial statements or operating results for the period ended December 31, 2021; the reported activity relates to the month covered by the disclosure.
Key financial and ownership metrics
- Financial results: The filing provides no revenue, profit, cash flow, margin, debt, liquidity, or other operating-performance metrics.
- Executive management holdings: Common shares declined from 511,994 to 500,223, reflecting a sale of 11,771 shares at R$13.71 per share, with reported transaction volume of R$161,336.70. Closing ownership was 0.020664% of the same class.
- Company and related parties: Common-share holdings remained unchanged at 277,956 shares, or 0.011482%.
- Board of Directors: Common-share holdings declined from 511,994 to 500,223 shares, or 0.020664% at closing.
- Fiscal Council: Holdings remained at zero.
- Technical or advisory bodies: Common-share holdings remained unchanged at 1,611,969,946 shares, or 66.588195%.
- Controlling shareholder: Holdings remained at zero.
Material changes versus the comparable period
The principal disclosed change was the sale of 11,771 common shares associated with the Board of Directors disclosure, reducing the reported balance from 511,994 to 500,223 shares. Other reported ownership balances were unchanged.
Guidance, outlook, risks, and unusual items
The filing contains no management guidance, outlook, risk-factor update, contingency disclosure, or unusual accounting item. It is limited to securities ownership and transaction reporting.
Investor verification points
- Confirm that the filing date and monthly disclosure period, rather than December 31, 2021, are the applicable reporting dates.
- Verify the identity and classification of the group or related party associated with the 66.588195% holding.
- Reconcile the reported sale of 11,771 shares and R$161,336.70 transaction volume with Brazilian market disclosures.
- Consult TIM S.A.’s Form 20-F and other financial filings for revenue, profitability, cash flow, leverage, liquidity, and outlook information not included here.