Arap Sobrinho Sami 4

What Happened

• Arap Sobrinho Sami, Vale's Executive VP Legal Officer, acquired 12,990 common shares in an open-market/private purchase on April 1, 2026 at $16.11 per share, totaling $209,290. On the same date he was granted 12,990 restricted share units (RSUs) at $0.00 (award). The Form 4 reporting these transactions was filed April 3, 2026.
• The purchase is a direct acquisition (a purchase can be viewed as a positive signal relative to a sale); the RSU grant is a compensation award that will convert into shares upon settlement/vesting.

Key Details

• Transaction dates and amounts:
  • Apr 1, 2026 — Purchase (P): 12,990 shares @ $16.11 = $209,290.
  • Apr 1, 2026 — Award/Grant (A): 12,990 RSUs @ $0.00 (no cash paid).
• RSU terms: Each RSU is a contingent right to receive one common share; RSUs vest on Apr 1, 2029 (per filing).
• Currency note: Filing used USD 1.00 = BRL 5.16 for conversions.
• Shares owned after transaction: not disclosed in the portions provided.
• Filing timeliness: Form 4 was filed Apr 3, 2026 for Apr 1 transactions (timely under normal 2-business-day rule).
• Codes: P = purchase, A = award/grant.

Context

• RSUs are compensation awards that convert to shares upon settlement/vesting (here, vesting in 2029); the $0.00 price for the RSUs reflects that they are awards, not purchases.
• The cash purchase (about $209k) is a straightforward buy; purchases by company executives are often watched by investors for alignment with management, but filings do not state the insider's motive.