TIM S.A. current report, Q4 FY2021

TIM S.A. Form 6-K Summary

Business context and reporting period

TIM S.A. filed this Form 6-K on October 8, 2021, reporting securities and derivatives transactions conducted in September 2021 under CVM Resolution 44/21. The filing is not a financial results report for the period ended December 31, 2021.

Reported transactions and holdings

Reported groupOpening sharesSeptember activityClosing shares
Group and related parties201,21176,745 shares under a compensation plan at R$12.30 per share; reported volume R$943,802.34277,956, or 0.011482%
Board of Directors376,89587,051 shares under a compensation plan at R$12.30 per share; reported volume R$1,070,544.49463,946, or 0.019165%
Executive Management0No activity reported0, or 0.000000%
Fiscal Council0No activity reported0, or 0.000000%
Technical or Advisory Bodies1,611,969,946No activity reported1,611,969,946, or 66.588195%
Controlling Shareholder0No activity reported0, or 0.000000%

All reported securities are common registered shares. The filing text does not provide financial statements, revenue, profit, cash flow, margins, debt, liquidity measures, or operating guidance.

Material changes, outlook, and risks

The principal reported changes were increases of 76,745 shares for group and related parties and 87,051 shares for the Board of Directors, both under a compensation plan at R$12.30 per share. No management outlook, risk factors, contingencies, unusual operating items, or financial guidance is included.

Investor verification points

  • Verify the beneficiary classifications and the relationship between “Group and Related Parties” and the Board of Directors categories.
  • Confirm the compensation-plan terms, vesting conditions, and whether the reported prices represent grant, acquisition, or settlement prices.
  • Review the reported 66.588195% holding attributed to Technical or Advisory Bodies and confirm the underlying ownership and reporting basis.
  • Use a separate annual or quarterly filing to assess TIM S.A.’s financial performance, leverage, liquidity, and outlook.
  • Note that the filing date and reporting month are October 8, 2021 and September 2021, respectively, rather than December 31, 2021.