Zaia Andre Gustavo 4

What Happened Zaia Andre Gustavo, Financial Officer for Ultracargo (a unit of UltraPar Holdings Inc., ticker UGP), was granted an award of 8,253 restricted shares on April 24, 2026. The award was reported as a derivative acquisition at $0.00 per share (i.e., a stock award, not a paid purchase). The filing does not state an immediate cash value for the grant in the Form 4.

Key Details

• Transaction date: 2026-04-24; Filed with the SEC: 2026-04-28 (appears to be filed after the usual 2-business-day Form 4 deadline).
• Transaction type/code: A (Award/Grant) — 8,253 restricted shares granted at $0.00 (derivative).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each restricted share is a contingent right to receive one common share; F2 — restricted shares vest through April 24, 2029.
• No 10b5-1 plan, tax withholding, or sale information noted in the filing.

Context These are restricted-share awards (contingent rights), not open-market purchases or immediate sales. Because the shares vest over time (through 4/24/2029), they are subject to forfeiture or holding conditions until vested and do not necessarily indicate immediate insider buying or selling interest. The late filing may be noteworthy for compliance tracking but does not by itself explain the grant or vesting terms.