Hachem Andre Saleme 4

What Happened Hachem Andre Saleme, CFO and IRO of Hidrovias at Ultrapar Holdings Inc. (UGP), was granted 40,275 restricted shares that vested on April 20, 2026 and were immediately disposed to the issuer. Both the acquisition (award) and the disposition are reported at a $0.00 per-share price, so the reported cash value of the reported transfer is $0.00. The filing lists the acquisition as an award/grant and the disposition as a derivative transfer to the issuer.

Key Details

• Transaction dates: April 20, 2026 (grant/vesting and disposition).
• Reported amounts: 40,275 restricted shares awarded (code A) and 40,275 shares disposed to the issuer (code D), price $0.00.
• Shares owned after the transaction: not specified in the Form 4 filing.
• Footnotes: F1—each restricted share is a contingent right to one common share; F2—restricted shares vested on April 20, 2026; F3—vesting occurred under the company’s long‑term incentive plan approved at the 2023 AGM.
• Filing: Form 4 filed April 22, 2026 (for the April 20 transaction); appears to be timely (Form 4 is generally due within two business days).
• Transaction codes: A = Award/Grant; D = Disposition to issuer (derivative).

Context This was a compensation-related vesting event under Ultrapar’s long-term incentive plan rather than an open-market sale or purchase. The immediate disposition to the issuer at $0.00 indicates the vested restricted-share rights were transferred back to the company (commonly done for plan settlement or withholding purposes) rather than sold on the market; it does not directly signal a buy or sell decision in the public market.