Schlosser Claudio Romeo 4

What Happened
Claudio Romeo Schlosser, Chief Commercial Officer of PETROBRAS (PBR), made a disposition to the issuer on 2026-04-02 of 3,211.15 derivative shares referenced to PETR3 at an effective price of $50.44, for a cash value of approximately $161,970. The transaction relates to phantom shares granted under the Petrobras Performance Award Program and was settled in cash rather than a public market sale.

Key Details

• Transaction date: 2026-04-02; Form 4 filed: 2026-04-06 (filed within required two business days).
• Type: Disposition to issuer (derivative/phantom share settlement).
• Quantity: 3,211.15 shares; Price per share (derivative basis): $50.44; Total value: ~$161,970.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 — Phantom shares are cash-settled, reference PETR3 price, vest in deferred instalments (four equal annual instalments for the deferred portion), and accrue additional phantom shares for dividends/IOE. F2 — Settlement price based on the weighted average price of PETR3 over the last 20 trading sessions per plan rules.

Context
This was a cash settlement of performance-based phantom shares under Petrobras’s award program (not an open-market sale). Dispositions to the issuer for award settlement or tax-related withholding are routine and do not by themselves indicate the insider’s view of the company’s stock.