Duarte Valdecir 4

What Happened Duarte Valdecir, an Industrial Vice President at AMBEV S.A. (ABEV), was granted 38,074 common shares (transaction code A) on March 30, 2026. The grant is reported at $3.11 per share for a total reported value of $118,410 and is described in the filing as a performance-based bonus payment.

Key Details

• Transaction date and price: March 30, 2026 — 38,074 shares at $3.11 per share.
• Total value: $118,410 (reported).
• Transaction type/code: A (Grant/Award). Footnote F1: "Represents a grant of common shares as part of a performance-based bonus payment."
• Shares owned after the transaction: Not disclosed in the Form 4 provided.
• Filing: Form 4 filed April 1, 2026 (filed within the typical two-business-day reporting window).
• No indication in the filing of an immediate sale, 10b5-1 plan, or tax-withholding disposition.

Context This was a compensation-related award, not an open-market purchase or sale. Performance-based grants are typically part of executive compensation and may be subject to performance conditions or vesting; they do not necessarily signal the insider’s short-term view of the stock. Retail investors should treat awards as compensation disclosures rather than directional insider buying.