Amaral Decio de Sampaio 4

What Happened Amaral Decio de Sampaio, CEO of Hidrovias (reported on Form 4 for Ultrapar Holdings Inc., ticker UGP), recorded a disposition to the issuer of 47,294 shares on 2026-05-28. The reported price per share was $0.00, resulting in $0 cash proceeds reported on the Form 4. This was a disposition to the company (code D), not an open-market sale.

Key Details

• Transaction date: 2026-05-28
• Transaction type/code: Disposition to issuer (D)
• Shares disposed: 47,294 shares at $0.00 per share — total $0
• Shares owned after transaction: Not specified in the provided filing details
• Footnotes/notable plan references: None disclosed in the provided data
• Filing timeliness: Form filed 2026-06-09 (12 days after the transaction) — appears to be late relative to the usual two-business-day Form 4 deadline

Context A "disposition to the issuer" at $0 commonly reflects shares surrendered to the company (often to satisfy tax withholding obligations on vested awards), but the filing itself does not state the reason. Because this was not an open-market sale and reported proceeds are $0, it does not indicate a typical cash-generating sale by the insider. Late filings reduce the timeliness of disclosure for investors.