Amaral Decio de Sampaio 4

What Happened

• Amaral Decio de Sampaio, CEO of Hidrovias (an Ultrapar business), had 78,824 restricted shares reported as awarded/acquired and simultaneously disposed to the issuer on April 20, 2026. Both entries are recorded at $0.00, so the Form 4 reports no cash value exchanged.
• This reflects the vesting of long-term incentive restricted shares rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-20; Form 4 filed: 2026-04-22 (timely filing).
• Reported transactions: Award/acquisition (Code A) — 78,824 restricted shares @ $0.00; Disposition to issuer (Code D, derivative) — 78,824 shares @ $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• 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 long-term incentive plan approved at the Company’s 2023 Annual General Meeting.
• Filing shows zero cash exchanged for both the award and the disposition.

Context

• The entry labeled “disposition to the issuer” is commonly used in filings when vested awards are surrendered or withheld (for example, to satisfy tax withholding or similar obligations); the Form 4 here reports no cash proceeds. This transaction represents routine vesting of incentive awards, not a market-direction trade by the insider.