Suzano S.A.: vp legal, tax and corp affairs Junior Cunha sold 33,679 shares

What happened The filing says Junior Walner Alves Cunha, vp legal, tax and corp affairs, disposed to the issuer 33,679 derivative shares on Oct 16, 2026. The transaction involved performance phantom shares that were cash-settled; the filing reports no price or total cash value and no shares were issued.

Key details

• Transaction date and code: Oct 16, 2026; code D (Disposition to issuer).
• Price and value: price not reported; total cash value not reported.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 — cash-settled phantom shares granted on Apr 1, 2023 and vesting on Apr 1, 2026; each phantom share references one Suzano common share and is settled in cash upon vesting. F2 — performance phantom shares were settled in cash under the company's long-term incentive plan; no shares were issued upon settlement.
• Filing date/timeliness: filed Oct 16, 2026; the filing does not indicate it was late.

Why it may matter The filing shows a cash settlement of performance phantom shares under the company's long-term incentive plan rather than a sale of actual market-traded shares. A filing does not show why the insider traded or why the company acted.