Feriozzi Bacci Marcelo 4

What Happened
Marcelo Feriozzi Bacci, Vale S.A.'s Executive VP of Finance & Investor Relations, received an award of 20,207 restricted share units (RSUs) on April 1, 2026 (transaction code A). The RSUs were granted at $0.00 per unit (no cash paid). Each RSU is a contingent right to receive one common share of Vale upon settlement.

Key Details

• Transaction date: April 1, 2026; filing date (Form 4): April 3, 2026 (filed on time).
• Grant: 20,207 RSUs; acquisition price reported $0.00 (standard for equity awards).
• Reported holdings after grant: 49,299 RSUs in total — 29,092 RSUs vesting March 1, 2028 and 20,207 RSUs vesting April 1, 2029 (each RSU represents one contingent common share).
• Footnotes: RSUs represent contingent rights to common shares upon settlement; includes RSUs previously granted in 2025 and the new 2026 grant.
• Transaction code meaning: A = Award/Grant of securities (not a purchase or sale).

Context
This is an equity compensation grant — common for executives and typically part of long‑term incentive pay. RSUs do not immediately transfer tradable shares; they convert to shares only when they vest/settle per the stated schedule. Grants like this are informational rather than a direct buy/sell signal about the insider’s near‑term market view.