Costa Tabajara Bertelli 4

What Happened

• Costa Tabajara Bertelli, CEO of Ultragaz (a unit of Ultrapar Holdings Inc., ticker UGP), was granted 37,908 restricted shares on April 24, 2026. The award was reported as an acquisition at $0.00 (no cash exchanged); the reported value for SEC reporting is $0 as issued/recorded. This is a grant/award (not a market purchase or sale).

Key Details

• Transaction date: 2026-04-24; Form 4 filed: 2026-04-28 (timely filing).
• Transaction type/code: A — Grant/award (derivative security: restricted shares).
• Shares granted: 37,908; acquisition price: $0.00; reported total value: $0 (for grant reporting).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — Each restricted share represents a contingent right to receive one common share. F2 — Restricted shares vest through April 24, 2029.
• No indication of a 10b5-1 plan, sale, option exercise, or tax-withholding disposition in the reported transaction.

Context

• Restricted-share grants are a common form of long-term compensation and retention for executives; they typically vest over time and do not represent an immediate market purchase or sale. Because this was an awarded grant (not a sale or buy), it should be viewed as part of compensation rather than a direct signal of near-term buying/selling intent.