Abreu Joao Alberto Fernandez de 4
Research Summary
AI-generated summary
Suzano CEO Joao Abreu Receives 290,391-Share Award
What Happened
- Joao Alberto Fernandez de Abreu, CEO of Suzano S.A. (SUZ), received two equity awards on April 30, 2026 totaling 290,391 common shares (97,824 and 192,567 shares). Both entries are reported as acquisitions at $0.00 (grant/award), i.e., no cash was paid for the shares as reported. These are compensation awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-04-30; reported filing date: 2026-04-30 (timely filing).
- Grants: 97,824 shares @ $0.00 and 192,567 shares @ $0.00 — total 290,391 shares.
- Shares owned after the transaction: not specified in the filing.
- Footnotes: Upon vesting, additional common shares may be delivered depending on a Total Shareholder Return (TSR) performance multiplier (ranges from 75% to 125%) based on SUZB3 performance vs. industry peers in Brazil (see footnotes F1 and F2).
- Transaction type: Award/Grant (A). No indication of a 10b5-1 plan, tax withholding sale, or late filing.
Context
- These awards are compensation-based and are typically subject to vesting and performance conditions; they do not represent an open-market purchase or immediate sale. The TSR-based multiplier means the final number of shares delivered at vesting could be adjusted up or down (75%–125%) depending on relative performance. For retail investors, such grants signal executive compensation alignment with long-term performance goals but should not be read as a direct personal investment decision by the insider.