Assumpcao Marcos Moreno Chagas 4

What Happened
Marcos Moreno Chagas Assumpcao, Vice President of Finance and Investor Relations at Suzano (SUZ), had 9,304 cash‑settled phantom shares vest and be disposed to the issuer (settled in cash) on 2026-03-30, and on the same date received a new grant of 9,497 phantom shares. The Form 4 lists per-share price and total cash value as N/A; the filing’s footnotes state the phantom awards are referenced to Suzano common shares and are settled in cash upon vesting.

Key Details

• Transaction dates: 2026-03-30 (vest/settlement and new grant).
• Reported transactions: disposition to issuer of 9,304 phantom shares (vested & cash-settled) and grant/acquisition of 9,497 phantom shares. Prices/total cash values are shown as N/A in the filing.
• Footnotes of note:
  • F1/F2: The 9,304 phantom shares were originally granted 03/01/2023, vested 03/30/2026 and were settled in cash based on market price.
  • F3/F4: The 9,497 phantom shares were granted 03/30/2026 and vest on 03/01/2029; value is tied to market price and will be cash-settled on vesting, subject to plan conditions.
• Shares owned after the transaction are not specified in the provided filing.
• Filing timeliness: Reported on 2026-03-31 for transactions on 2026-03-30 (filed the next day, which is timely under Form 4 rules).

Context
These were derivative (phantom/share‑equivalent) awards that settle in cash based on Suzano’s stock price on vesting—not open‑market purchases or direct sales of common stock. A cash settlement upon vesting is different from an insider selling shares on the market; it reflects plan payout mechanics rather than an immediate transfer of company stock. No dollar amounts were disclosed in the Form 4.