Duarte Pimenta Gustavo 4

What Happened
Duarte Pimenta, CEO of Vale S.A., received a grant of 43,603 restricted share units (RSUs) on April 1, 2026. The RSUs were issued at $0.00 (no immediate cash exchange); each RSU represents a contingent right to receive one Vale common share upon settlement.

Key Details

• Transaction type: Award/Grant (code A). Filing reported on Apr 3, 2026 for the Apr 1, 2026 grant.
• Grant size and price: 43,603 RSUs granted; reported acquisition price $0.00 (typical for compensation awards).
• Vesting schedule (per filing): combined holdings include RSUs vesting Mar 1, 2027 (35,982), Mar 1, 2028 (50,218) and Apr 1, 2029 (43,603) — totaling 129,803 RSUs across 2024–2026 grants.
• Shares owned after transaction: The filing indicates 129,803 RSUs (across grants) that convert to common shares upon settlement per the vesting schedule.
• Footnote(s): Each RSU represents a contingent right to one common share upon settlement. No 10b5‑1 plan, tax‑withholding sale, or other special conditions were disclosed.
• Timeliness: Form 4 was filed two days after the grant date (Apr 3, 2026), consistent with standard Form 4 timing.

Context
RSU grants are a common form of executive compensation and do not represent an immediate purchase or sale of stock; they become actual shares only if and when they vest and are settled. Grants are routine for aligning executive incentives with shareholder performance and do not, by themselves, indicate an immediate buying or selling signal.