Zaia Andre Gustavo 4

What Happened Zaia Andre Gustavo, Financial Officer at Ultracargo (an Ultrapar unit), had 9,111 restricted shares vest on April 20, 2026. The Form 4 shows a grant/acquisition of 9,111 restricted shares at $0 and a simultaneous disposition of 9,111 shares to the issuer (reported as a derivative disposition) at $0. No cash changed hands; the transactions are reported with a $0 per-share price and $0 total value.

Key Details

• Transaction date: 2026-04-20 (reported on Form 4 filed 2026-04-22 — timely within the usual 2-business-day window)
• Reported entries: A (award/grant/acquisition) 9,111 shares @ $0; D (disposition to issuer, derivative) 9,111 shares @ $0
• Shares owned after transaction: not specified in this filing
• Footnotes: F1 — each restricted share is a contingent right to one common share; F2 — restricted shares vested on April 20, 2026; F3 — vesting per the long-term incentive plan approved at the 2023 AGM
• Filing timeliness: appears timely (filed two days after the reported transaction)

Context These were restricted-share awards that vested and were immediately reported as disposed back to the issuer. The filing does not state the reason for the disposition; such filings often reflect administrative actions (for example, surrendering shares to the company upon vesting or to satisfy tax-withholding obligations) rather than an open-market sale. This is not a cash purchase or a public sale of shares.