Lazaretti Douglas Seibert 4
4 · Suzano S.A. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Suzano (SUZ) Exec VP Douglas Seibert Receives Phantom Share Award
What Happened
Douglas Seibert, Executive Vice President of Forestry at Suzano S.A. (SUZ), received a grant of 36,395 derivative units reported as an award (code A) on 2026-05-27. The units are cash‑settled "phantom shares" (no listed per‑share price on the Form 4) and will be settled in cash based on Suzano's common‑share market price upon vesting. This is a compensation award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-27; Form 4 filed 2026-05-28 (appears to be timely).
- Amount granted: 36,395 phantom shares (derivative award). No per‑share price reported (N/A).
- Vesting: Awards vest on 04/01/2029, subject to conditions per plan.
- Settlement: Cash‑settled upon vesting; value tied to Suzano common‑share market price (footnotes F1 & F2).
- Shares owned after transaction: Not reported in the provided filing details.
- Transaction code: A (award/grant). Not a sale or purchase by the insider.
Context
Phantom shares are a form of long‑term cash compensation tied to the company’s stock price; they do not transfer actual common shares at grant and will not increase Suzano's outstanding share count. Such awards are typically retention/incentive compensation and do not necessarily signal immediate insider buying or selling intent.
Insider Transaction Report
- Award
Phantom Shares
[F1][F2]2026-05-27+36,395→ 67,534 total→ Common shares (36,395 underlying)
Footnotes (2)
- [F1]Cash settled phantom shares granted on 05/27/2026 and vesting on 04/01/2029, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting.
- [F2]The value of the phantom shares is tied to the market price of the issuer s common shares and will be settled in cash upon vesting, subject to the terms of the applicable plan.