Ultrapar Holdings Inc: director Sa Neto Francisco sold 128,700 shares

What happened The filing reports that Sa Neto Francisco, a director, sold 128,700 ADSs (derivative securities convertible into common shares) at a weighted average price of $7.77 on Oct 14, 2026, for $999,999. The filing states the shares were sold in multiple transactions at prices ranging from $7.650 to $7.815.

Key details

• Transaction date: Oct 14, 2026; transaction code: S (sale); method: open market or private sale.
• Reported price: weighted average $7.77; price range $7.650 to $7.815 (filing says the reporting person will provide details on the number sold at each price upon request).
• Security type: ADS—derivative security convertible into common shares (footnote F1).
• Ownership note: the filing indicates an amount that includes 496,980 shares previously reported as directly beneficially owned (footnote F3).
• Filing timeliness: not indicated in this summary.

Why it may matter

• The filing shows a sale of ADSs (derivative securities convertible into common shares) rather than, for example, an option exercise or a gift.
• A filing does not show why the insider traded or why the company acted.