New Insider Franklin Fabiam Files Initial Ownership in National Steel
| Field | Detail |
|---|---|
| Company | Franklin Fabiam |
| Form Type | 3 |
| Filed Date | Mar 23, 2026 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, form-3, initial-statement, transparency
TL;DR
**New insider Franklin Fabiam just reported initial ownership in National Steel Co. via a Form 3.**
AI Summary
Franklin Fabiam, a new insider at National Steel Co. (Issuer CIK: 0001049659), filed a Form 3 on March 23, 2026, indicating their initial beneficial ownership of securities as of April 30, 2025. This filing is crucial for investors because it signals a new key individual's stake in the company, which can influence future strategic decisions and potentially align their interests with shareholders. Understanding who owns what, especially among new executives or directors, is vital for assessing leadership commitment and potential future performance.
Why It Matters
This filing introduces a new significant individual, Franklin Fabiam, to National Steel Co.'s ownership structure, providing transparency into who holds a stake in the company.
Risk Assessment
Risk Level: low — A Form 3 filing is a standard disclosure for new insiders and does not inherently indicate a high risk; it's a transparency measure.
Analyst Insight
Investors should note Franklin Fabiam's new position and monitor future Form 4 filings to see if they are buying or selling shares, which could signal their confidence in National Steel Co.'s future.
Key Players & Entities
- Franklin Fabiam (person) — Reporting Person
- National Steel Co. (company) — Issuer
- 0002123591 (dollar_amount) — CIK for Franklin Fabiam
- 0001049659 (dollar_amount) — CIK for National Steel Co.
FAQ
What is the purpose of Franklin Fabiam's Form 3 filing?
The Form 3 filing by Franklin Fabiam is an 'Initial statement of beneficial ownership of securities,' which is required when an individual becomes an officer, director, or beneficial owner of more than 10% of a class of a company's equity securities, as per the filing's description.
When was this Form 3 filed and what is the period of report?
This Form 3 was filed on March 23, 2026, and was accepted on the same day. The 'Period of Report' for this filing is April 30, 2025.
Filing Stats: 410 words · 2 min read · ~1 pages · Grade level 9.4 · Accepted 2026-03-23 17:26:49
Filing Documents
- primary_doc.html (3)
- primary_doc.xml (3) — 2KB
- fabiam.htm (EX-24) — 0KB
- fabiam1.jpg (GRAPHIC) — 465KB
- fabiam2.jpg (GRAPHIC) — 478KB
- 0002123591-26-000001.txt ( ) — 1290KB
From the Filing
SEC FORM 3 SEC Form 3 FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5 1. Name and Address of Reporting Person * Franklin Fabiam (Last) (First) (Middle) AVENIDA BRIGADEIRO FARIA LIMA, 3400 20 ANDAR (Street) SAO PAULO SAO PAULO 04538-132 (City) (State) (Zip) BRAZIL (Country) 2. Date of Event Requiring Statement (Month/Day/Year) 04/30/2025 3. Issuer Name and Ticker or Trading Symbol NATIONAL STEEL CO [ SID ] 3a. Foreign Trading Symbol 5. If Amendment, Date of Original Filed (Month/Day/Year) 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below) 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person Table I - Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: No securities are beneficially owned. /s/ Mayra Favero Celleguin, Attorney-in-Fact for Fabiam Franklin 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 3: SEC 1473 (03-26)