Mascarenhas Marina Guimaraes Moreira 4
Research Summary
AI-generated summary
Ultrapar (UGP) Legal Officer Receives 10,069 Restricted Shares
What Happened
Marina Mascarenhas Guimaraes Moreira, Legal Officer of Ultrapar Holdings Inc. (UGP), was granted 10,069 restricted shares on April 24, 2026. The Form 4 reports the award as a derivative grant (code A) at $0.00 per share (total reported value $0); 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: 2026-04-28 (filed within the two-business-day Form 4 deadline).
- Transaction type/code: Grant/Award (A); derivative restricted shares reported at $0.00.
- Shares granted: 10,069 restricted shares.
- Vesting/info: Footnote F1 — each restricted share is a contingent right to one common share; F2 — restricted shares vest through April 24, 2029.
- Shares owned after transaction: not specified in the provided filing excerpt.
- No sale or exercise occurred; this is a compensation award, not an open-market purchase or sale.
Context: Restricted share awards are a common form of executive/employee compensation and become common stock only if/when vesting conditions are met. They should be viewed as compensation-related grants rather than immediate insider purchases or sales.