Ultrapar (UGP) People Officer M. de Oliveira Receives 50K Restricted Shares

What Happened

• de Oliveira Manuella Carvalho Campos, People Officer at Ultrapar Holdings Inc. (UGP), was granted 50,000 restricted shares (transaction code A) on September 24, 2026. The shares are reported as acquired at $0.00 (derivative award), meaning this was a compensation grant rather than a market purchase.

Key Details

• Transaction date: 2026-09-24; Form 4 filed: 2026-09-25 (filed within required reporting window).
• Amount: 50,000 restricted shares; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each restricted share is a contingent right to one common share; F2 — restricted shares vest until September 24, 2036.
• Transaction type: Award/Grant (A), derivative instrument (restricted shares).

Context

• This is a time‑based compensation grant with long-term vesting (through 2036), so it does not represent an immediate purchase or sale of freely tradable stock. Such awards are common for executive/employee compensation and do not by themselves indicate a near-term change in insider sentiment.