Jabur Bittar Rafael 4

What Happened
Jabur Bittar, Executive Vice President — Technical at Vale S.A. (VALE), was granted 15,155 restricted share units (RSUs) on April 1, 2026. The RSUs were awarded (transaction code A) with no cash exchanged at grant (reported acquisition price $0). Each RSU represents a contingent right to receive one common share of Vale upon settlement.

Key Details

• Transaction date: April 1, 2026 — Grant of 15,155 RSUs; reported price $0.00 (award, not a purchase).
• Vesting schedule (aggregate RSUs including prior grants): 13,993 RSUs vest March 1, 2027; 20,780 RSUs vest March 1, 2028; 15,155 RSUs vest April 1, 2029 — total represented RSUs = 49,928.
• Shares owned/represented after transaction: RSUs representing 49,928 common shares (per footnote breakdown).
• Footnotes: F1 confirms each RSU converts to one common share upon settlement; F2 details the vesting schedule and that the 15,155 RSUs are the April 1, 2026 grant combined with prior RSU grants from 2024–2025.
• Filing timing: Form 4 filed April 3, 2026 (check timeliness against SEC 2-business-day rule if relevant).

Context
RSU grants are a form of compensation and do not involve an open-market purchase or sale. They represent a future right to receive shares if and when they vest/settle; they do not necessarily signal immediate bullish insider buying. This transaction is a routine equity award subject to the stated vesting schedule.