Zagman Paulo Andre 4

What Happened

• Paulo Andre Zagman, Logistics Vice President at Ambev S.A. (ABEV), was granted 34,714 common shares (transaction code A) on 2026-03-30. The reported per-share value was $3.11, for a total award value of $107,961. This was a company award/grant (acquisition), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-30; Form 4 filed: 2026-04-01 (timely filing).
• Price/value: $3.11 per share; total value $107,961.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — this grant is part of a performance-based bonus payment; F2 — includes common shares represented by American Depositary Shares (ADSs), each representing one common share.
• Transaction code: A (award/grant).

Context

• This was a compensation-related grant tied to performance, which is a routine form of employee pay and not a direct signal of buying or selling intent. The award value (~$108k) is modest relative to large executive grants. For retail investors, purchases or open-market insider buys are often more informative about personal convictions than routine compensation awards.