Ultrapar (UGP) Hidrovias CEO Amaral de Sampaio Sells 8,000 Shares

What Happened

• Amaral Decio de Sampaio, CEO of Hidrovias (a business unit of Ultrapar Holdings Inc., ticker UGP), reported an open-market/private sale of 8,000 shares on September 1, 2026. The reported sale price was $6.93 per share, for a total proceeds of approximately $55,440 (USD).

Key Details

• Transaction date and price: Sep 1, 2026 — 8,000 shares sold at $6.93 per share (total ~$55,440).
• Transaction type: Reported as "open market or private sale" (SEC code S = Sale).
• Currency conversion note: USD amounts were converted from BRL using the closing FX rate USD 1.00 = BRL 5.1564 on Sep 1, 2026 (footnote F1).
• Shares owned after transaction: Not specified in this filing.
• Filing date: Form 4 filed on Sep 3, 2026 (no late filing indicated in the report).

Context

• This was a sale (disposition) rather than a purchase—sales by insiders can be routine (diversification, cash needs, tax events) and do not by themselves indicate the insider's view of the company's prospects. The transaction size (~$55k) is relatively modest for an executive.