ULTRAPAR (UGP) CFO Hachem Saleme Sells 39,200 Shares

What Happened
Hachem Andre Saleme, listed as CFO (and IRO for Hidrovias), reported a sale of 39,200 ULTRAPAR HOLDINGS INC (UGP) shares on September 22, 2026. The shares were disposed for a weighted average price of $7.67 per share, for total proceeds of approximately $300,664. The Form 4 records the transaction as a sale (code S).

Key Details

• Transaction date: 2026-09-22 (report filed 2026-09-23). Filing appears timely.
• Size and price: 39,200 shares sold; weighted average price $7.67; total value ~$300,664.
• Price range: trades occurred at prices between $7.675 and $7.679 (weighted average reported). (Footnote: the reporter can provide the number of shares sold at each price on request.)
• Currency conversion: reported USD price was converted from BRL using the Sept 22, 2026 FX rate USD 1.00 = BRL 5.1155.
• Shares owned after transaction: not provided in the excerpt of this filing.

Context

• This was a sale (disposition) of shares. Sales can be routine (diversification/liquidity/tax reasons) and do not necessarily signal company outlook; avoid inferring motive from the filing alone.
• No option exercises, awards, gifts, or 10% owner activity reported in this transaction.