Ambev (ABEV) reports March 2026 board, management and council trades

Rhea-AI Filing Summary

Ambev S.A. provides a consolidated report of transactions with its own securities by related parties for March 1–31, 2026, as required by Brazilian CVM Instruction #44/2021.

The board of directors received 298,839 common shares from the company as delivery of restricted shares at R$15.29 per share, increasing its common share holdings from 30,400,903 to 30,699,742 shares, while its ADR position stayed at 468,040.

Management began the month with 4,585,877 common shares and 19,790 ADRs. During March, they received 606,656 restricted shares at R$15.29, exercised 466,169 stock options at R$16.35, renounced 667,633 shares at a stated price of R$0.00, and executed several market sales through BTG Corretora and XP Corretora, including a block of 152,386 shares at R$14.96.

After these movements, management’s balance rose to 4,753,962 common shares and unchanged 19,790 ADRs. The fiscal council’s position remained steady at 2,500 common shares with no reported trades in the month.

Key Figures

Board restricted share delivery: 298,839 shares at R$15.29 Board common share balance: 30,699,742 shares Management initial common shares: 4,585,877 shares +5 more

8 metrics

Board restricted share delivery 298,839 shares at R$15.29 Common shares delivered directly by the company on March 6, 2026

Board common share balance 30,699,742 shares Final board holdings after March 2026 transactions

Management initial common shares 4,585,877 shares Management common share balance at start of March 2026

Management final common shares 4,753,962 shares Management common share balance at end of March 2026

Management restricted shares 606,656 shares at R$15.29 Restricted shares delivered directly by the company on March 6, 2026

Stock option exercise 466,169 shares at R$16.35 Management stock option exercise on March 6, 2026

Largest single sale block 152,386 shares at R$14.96 Management sale via BTG Corretora on March 27, 2026

Fiscal council holdings 2,500 common shares Unchanged fiscal council position through March 2026

Key Terms

ADR, Restricted Shares, Stock Option Exercise, Renounce, +2 more

6 terms

ADR financial

"ADR | Common | 468,040"

An American Depositary Receipt (ADR) is a financial certificate that lets investors buy shares of a foreign company through U.S. stock markets, similar to buying a local wrapper that represents the underlying foreign shares. ADRs matter because they make investing in overseas companies easier and more liquid by trading in U.S. dollars and under U.S. market rules, while still carrying currency, regulatory, and country-specific risks that can affect share value.

Restricted Shares financial

"Direct with Company | Delivery of Restricted Shares | 06 | 298,839"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

Stock Option Exercise financial

"Direct with Company | Stock Option Exercise | 06 | 466,169 | 16.35"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Renounce financial

"N/A | Renounce | 04 | 667,633 | 0.00 | 0.00"

Fiscal Council financial

"( X ) Fiscal Council | ( ) Technical and Consulting Committees"

CVM Instruction # 44/2021 regulatory

"in compliance with Article 11 - CVM Instruction # 44/2021"

Form 6-K: How Foreign Companies Report to the SEC →

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

For the month of April, 2026

Commission File Number 1565025

AMBEV S.A.

(Exact name of registrant as specified in its charter)

AMBEV S.A.

(Translation of Registrant's name into English)

Rua Dr. Renato Paes de Barros, 1017 - 3rd Floor
04530-000 São Paulo, SP
Federative Republic of Brazil

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. 

Yes _______ No ___X____

CONSOLIDATED FORM

Management and Related Persons’ Transactions of Securities Issued by the Company

Article 11 - CVM Instruction # 44/2021

From March 1^st to 31^st, 2026 the only transactions with securities and derivatives were those presented below, in compliance with Article 11 - CVM Instruction # 44/2021 ⁽¹⁾:

Company Name: Ambev S.A.

Group and Related Persons

( X ) Board of Directors

( ) Management

( ) Fiscal Council

( ) Technical and Consulting Committees

Initial Balance

Securities / Derivatives

Securities Characteristics (2)

Quantity

Shares

Common

30,400,903

ADR

Common

468,040

Transactions in the month

Securities / Derivatives

Securities Characteristics (2)

Intermediary

Operation

Day

Quantity

Price

Volume (R$) (3)

Shares

Common

Direct with Company

Delivery of Restricted Shares

06

298,839

15.29

4,569,248.31

Final Balance

Securities / Derivatives

Securities Characteristics (2)

Quantity

Shares

Common

30,699,742

ADR

Common

468,040

(1) When filling in the form, delete the lines that do not have any information. If there is no acquisition/change in the position of any person in relation to Article 11 - CVM Instruction # 44/2021, send a statement with that information.

(2) Issue/Series, convertibility, simple, term, guaranties, type/class, among others.

(3) Quantity multiplied by price.

Note: These consolidated data must have information by group: Directors, Management (which have not been included in the Board of Directors), etc.

Each ADR is equivalent to 1 (one) share.

CONSOLIDATED FORM

Management and Related Persons’ Transactions of Securities Issued by the Company

Article 11 - CVM Instruction # 44/2021

From March 1^st to 31^st, 2026 the only transactions with securities and derivatives were those presented below, in compliance with Article 11 - CVM Instruction # 44/2021 ⁽¹⁾:

Company Name: Ambev S.A.
Group and Related Persons		( ) Board of Directors			( X ) Management		( ) Fiscal Council			( ) Technical and Consulting Committees
Initial Balance
Securities / Derivatives				Securities Characteristics (2)							Quantity
													Shares				Common							4,585,877
ADR				Common							19,790
Transactions in the month
Securities / Derivatives	Securities Characteristics (2)		Intermediary			Operation	Day	Quantity	Price			Volume (R$) (3)
Shares	Common		Direct with Company			Delivery of Restricted Shares	06	606,656	15.29			9,275,770.24
Shares	Common		Direct with Company			Stock Option Exercise	06	466,169	16.35			7,621,863.15
Shares	Common		N/A			Renounce	04	667,633	0.00			0.00
Shares	Common		BTG Corretora			Sell	17	50	15.09			754.50
Shares	Common		BTG Corretora			Sell	17	63,700	15.14			964,418.00
Shares	Common		XP Corretora			Sell	24	1,601	14.50			23,214.50
Shares	Common		XP Corretora			Sell	24	2,909	14.51			42,209.59
Shares	Common		XP Corretora			Sell	24	3,005	14.52			43,632.60
Shares	Common		XP Corretora			Sell	24	1,503	14.53			21.838.59
Shares	Common		XP Corretora			Sell	24	1,003	14.54			14,583.62
Shares	Common		XP Corretora			Sell	24	3,614	14.55			52,583.70
Shares	Common		XP Corretora			Sell	24	2,906	14.56			42,311.36
Shares	Common		XP Corretora			Sell	24	807	14.57			11,757.99
Shares	Common		XP Corretora			Sell	24	1,612	14.58			23,502.96
Shares	Common		XP Corretora			Sell	24	1,005	14.59			14,662.95
Shares	Common		XP Corretora			Sell	24	401	14.60			5,854.60
Shares	Common		XP Corretora			Sell	24	601	14.61			8,780.61
Shares	Common		XP Corretora			Sell	24	1	14.65			14.65
Shares	Common		XP Corretora			Sell	24	1	14.71			14.71
Shares	Common		XP Corretora			Sell	24	1	14.72			14.72
Shares	Common		XP Corretora			Sell	24	1	14.78			14.78
Shares	Common		BTG Corretora			Sell	27	152,386	14.96			2,279,758.56
Final Balance
Securities / Derivatives				Securities Characteristics (2)							Quantity
													Shares				Common							4,753,962
ADR				Common							19,790

(1) When filling in the form, delete the lines that do not have any information. If there is no acquisition/change in the position of any person in relation to Article 11 - CVM Instruction # 44/2021, send a statement with that information.

(2) Issue/Series, convertibility, simple, term, guaranties, type/class, among others.

(3) Quantity multiplied by price.

Note: These consolidated data must have information by group: Directors, Management (which have not been included in the Board of Directors), etc.

Each ADR is equivalent to 1 (one) share.

CONSOLIDATED FORM

Management and Related Persons’ Transactions of Securities Issued by the Company

Article 11 - CVM Instruction # 44/2021

From March 1^st to 31^st, 2026 the only transactions with securities and derivatives were those presented below, in compliance with Article 11 - CVM Instruction # 44/2021 ⁽¹⁾:

Company Name: Ambev S.A.

Group and Related Persons

( ) Board of Directors

( ) Management

( X ) Fiscal Council

( ) Technical and Consulting Committees

Initial Balance

Securities / Derivatives

Securities Characteristics (2)

Quantity

Shares

Common

2,500

Transactions in the month

Securities / Derivatives

Securities Characteristics (2)

Intermediary

Operation

Day

Quantity

Price

Volume (R$) (3)

Final Balance

Securities / Derivatives

Securities Characteristics (2)

Quantity

Shares

Common

2,500

(1) When filling in the form, delete the lines that do not have any information. If there is no acquisition/change in the position of any person in relation to Article 11 - CVM Instruction # 44/2021, send a statement with that information.

(2) Issue/Series, convertibility, simple, term, guaranties, type/class, among others.

(3) Quantity multiplied by price.

Note: These consolidated data must have information by group: Directors, Management (which have not been included in the Board of Directors), etc.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 10, 2026

	AMBEV S.A.
	By:	/s/ Guilherme Fleury de Figueiredo Ferraz Parolari
		Guilherme Fleury de Figueiredo Ferraz Parolari Chief Financial and Investor Relations Officer

FAQ

What does Ambev (ABEV) disclose in this March 2026 Form 6-K?

Ambev discloses detailed March 2026 transactions in its own securities by board members, management, and fiscal council. It lists starting balances, deliveries of restricted shares, stock option exercises, market sales, renunciations, and final holdings, following Brazilian CVM Instruction #44/2021 requirements.

How did Ambev (ABEV) board of directors’ share holdings change in March 2026?

The board received 298,839 common shares as restricted share delivery at R$15.29, increasing holdings from 30,400,903 to 30,699,742 common shares. Their ADR holdings stayed constant at 468,040, indicating net equity compensation without ADR movements during the month.

What transactions did Ambev (ABEV) management execute in March 2026?

Management received 606,656 restricted shares at R$15.29, exercised 466,169 stock options at R$16.35, renounced 667,633 shares at R$0.00, and sold multiple blocks of common shares through BTG Corretora and XP Corretora, including 152,386 shares at R$14.96.

How did Ambev (ABEV) management’s share balance change over March 2026?

Management’s common share holdings rose from 4,585,877 to 4,753,962 shares, while ADR holdings stayed at 19,790. The change reflects combined effects of restricted share deliveries, option exercises, renounced shares, and several market sales across different trading days.

Were there any changes in Ambev (ABEV) fiscal council shareholdings in March 2026?

No changes were reported for the fiscal council. It started and ended March 2026 with 2,500 common shares and no listed transactions. This contrasts with active board and management movements disclosed for the same period.

What price levels appear in Ambev (ABEV) insider share transactions for March 2026?

Key prices include restricted share deliveries at R$15.29, stock option exercises at R$16.35, and market sales clustered around mid-R$14 levels, such as 152,386 shares sold at R$14.96. These figures show transaction pricing for compensation and market trades that month.