Cosan CEO Martins Marcelo Eduardo Receives 276,475-Share Award

What Happened

• Martins Marcelo Eduardo, CEO of Cosan S.A. (CSAN), shows both an acquisition and a disposition of 276,475 shares on 2026-08-10. Each transaction is reported at 3.99 (reported currency: Brazilian reais) for a reported value of BRL 1,103,135.
• The acquisition is reported as related to a long-term incentive program (LTIP) per the filing footnote; the filing also records a same‑day disposition of the identical number of shares for the same dollar/real value.

Key Details

• Transaction date: August 10, 2026; Filing date: August 12, 2026 (reports Aug 10 transactions).
• Reported price: 3.99 (footnote F1: amounts in Brazilian reais); reported total value: BRL 1,103,135 for each reported leg.
• Shares involved: 276,475 shares acquired and 276,475 shares disposed on the same day.
• Footnote F2: These shares are tied to Cosan Group long‑term incentive programs; amounts are shown in gross terms and may change at delivery depending on performance and tax effects.
• Footnote F3: Each American Depositary Share (ADS) represents four common shares — consult the full filing to confirm whether reported quantities refer to ADS or underlying common shares.
• Shares owned after the transaction are not disclosed in the provided summary.

Context

• The filing shows a grant-related acquisition and an equal same‑day disposition. Footnote F2 identifies the acquisition as LTIP‑related (award/grant) and notes gross reporting; the filing does not explain the reason for the disposition in this summary. Such paired entries can reflect program settlement mechanics (e.g., tax withholding or share‑delivery adjustments), but the filing itself should be checked for any additional explanatory details.