de Souza Fernanda Teves 4

What Happened

• Fernanda Teves, Risk, Integrity & Audit Officer at Ultrapar Holdings Inc. (UGP), was granted 8,760 restricted shares (reported as a derivative award) on April 24, 2026. The award is reported at $0.00 per share (no immediate cash purchase). Each restricted share is a contingent right to receive one common share and vests through April 24, 2029.

Key Details

• Transaction date: 2026-04-24; Filing date (Form 4): 2026-04-28 (4 days after the transaction).
• Security: Restricted shares (derivative) — 8,760 shares granted at $0.00.
• Total immediate cash outlay reported: $0.00.
• Footnotes: F1 — each restricted share equals a contingent right to one common share; F2 — restricted shares vest through April 24, 2029.
• Shares owned after the transaction: not specified in the provided filing details.
• Filing timing note: Form 4 filed four days after the grant; Form 4s are generally due within two business days, so this filing appears to have been submitted after that typical window.

Context

• Restricted-share awards are compensation that typically vest over time and are not an immediate open-market purchase or sale; they reflect company compensation rather than a direct market bet by the insider. For retail investors, purchases are often taken as a stronger near-term signal than grants; grants mainly indicate ongoing compensation arrangements.