Rabelo Pedro Guedes 4
Research Summary
AI-generated summary
Ultrapar (UGP) Financial Officer Rabelo Guedes Receives Award
What Happened
- Rabelo Pedro Guedes, Financial Officer at Ipiranga (Ultrapar unit), reported a grant/vesting of 40,865 restricted shares on April 20, 2026 (reported as acquisition A at $0.00) and an immediate disposition of the same 40,865 shares to the issuer (reported as disposition D at $0.00). The filing shows no cash proceeds.
- This was not an open-market purchase or sale by the officer — it reflects restricted shares vesting under the company plan and those vested shares being turned over to the issuer (commonly done to satisfy tax withholding or similar plan requirements).
Key Details
- Transaction date: April 20, 2026; Form 4 filed April 22, 2026 (filed within the typical 2-business-day window).
- Shares involved: 40,865 restricted share units vested (acquired at $0.00) and 40,865 shares disposed to the issuer (reported at $0.00).
- Shares owned after transaction: not specified in the disclosed summary of 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.
- Transaction code: A = Award/Grant; D (derivative disposition) indicates the shares were transferred back to the issuer rather than sold in the market.
Context
- When restricted stock units vest, recipients often receive shares and may immediately surrender some or all to the issuer to cover taxes or other plan obligations; that appears to be the case here (no market sale reported).
- This type of filing documents compensation-related vesting rather than a discretionary buy or sell that might signal the insider’s view of the stock.