Girasole Mario 4

4 · TIM S.A. · Filed May 7, 2026

AI-generated summary of this filing

Updated May 8, 2026

TIM S.A. (TIMB) Regulatory Officer Mario Girasole Receives Awards

What Happened

Mario Girasole, Regulatory and Institutional Affairs Officer at TIM S.A. (TIMB), was the recipient of awards on May 5, 2026: 64,319 performance shares (2023 grant), 13,739 performance shares (2024 grant), and 3,970 restricted/share-settled units — a total of 82,028 shares. Each was reported as acquired at $0.00 (award/grant), i.e., no cash purchase. These awards reflect Board certification of performance goals for the 2023 and 2024 performance grants.

Key Details

Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (within the standard two-business-day reporting window).
Reported acquisition: 64,319 (F1), 13,739 (F2), 3,970 derivative/restricted (F3) — total 82,028 shares; price reported: $0.00; total cash paid: $0.
Shares owned after transaction: not specified in the excerpt provided.
Notable footnotes:
- F1: 2023 performance shares certified as earned; vesting schedule 20% / 30% / 50% on the first three anniversaries, subject to continued service.
- F2: 2024 performance shares certified as earned; vesting 10% / 20% / 70% on the first three anniversaries, subject to continued service.
- F3: Restricted shares equal contingent rights to receive one common share minus withholding taxes.
- F4: Dividend equivalent units accrued on the restricted shares upon Board approval (May 5, 2026).
- F5: The restricted shares vest on July 31, 2026.
Filing timeliness: Filed two days after the transaction date, which is within the usual Form 4 reporting window (timely).

Context

These are awards (not open-market purchases or sales). Awards reflect company-determined performance payouts and are subject to future vesting and service conditions, so they do not represent an immediate change in tradable holdings until vested/settled.
The filing lists $0.00 as the acquisition price because these were granted/earned awards; the market value (shares × stock price) is not shown in the provided excerpt.

Form 4

Period: 2026-05-05

See Remarks

Transactions

Award
Common Shares
[F1]
2026-05-05+64,319→ 72,181 total
Award
Common Shares
[F2]
2026-05-05+13,739→ 85,920 total
Award
Restricted Shares
[F3][F4][F5]
2026-05-05+3,970→ 26,462 total
→ Common Shares (3,970 underlying)

Footnotes (5)

[F1]Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Issuer's Board of Director's (the "Board") certification to the achievement of performance for the performance shares granted in 2023. These shares vest 20%, 30% and 50% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.
[F2]Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Board's certification to the achievement of performance for portions of the performance shares granted in 2024. These shares vest 10%, 20% and 70% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.
[F3]Each restricted share represents a contingent right to receive one common share minus withholding taxes.
[F4]Represents dividend equivalent units with respect to restricted shares accrued upon approval by the Board on May 5, 2026.
[F5]These restricted shares vest on July 31, 2026.

Signature

/s/ Pedro Yagelovic Bravin Arantes, attorney-in-fact|2026-05-07

1 file