Ambev CEO holds 546,291 restricted shares

AMBEV S.A. reported that its Chief Executive Officer, Carlos Eduardo Klutzenschell Lisboa, holds 546,291 restricted shares.

Rhea-AI Filing Summary

AMBEV S.A. reported that its Chief Executive Officer, Carlos Eduardo Klutzenschell Lisboa, holds 546,291 restricted shares. These restricted shares vest on February 16, 2029. Each restricted share represents a contingent right to receive one common share, reduced by any applicable withholding taxes.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Klutzenschell Lisboa Carlos Eduardo

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Restricted Shares	--	--	--

Holdings After Transaction: Restricted Shares — 546,291 contracts (Direct)

Footnotes (2)

1. F1. These restricted shares vest on February 16, 2029.
2. F2. Each restricted share represents a contingent right to receive one common share minus withholding taxes.

Key Figures

Restricted shares held: 546,291 restricted shares Underlying common shares: 546,291 common shares Exercise price: $0.00 per share +1 more

4 metrics

Restricted shares held 546,291 restricted shares CEO holding as reported in Form 3/A

Underlying common shares 546,291 common shares Each restricted share equals one common share

Exercise price $0.00 per share Conversion or exercise price for restricted shares

Vesting date February 16, 2029 Date when restricted shares vest

Key Terms

Restricted Shares, vest, withholding taxes, contingent right

4 terms

Restricted Shares financial

"These restricted shares vest on February 16, 2029."

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.

vest financial

"These restricted shares vest on February 16, 2029."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

withholding taxes financial

"Each restricted share represents a contingent right to receive one common share minus withholding taxes."

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

contingent right financial

"Each restricted share represents a contingent right to receive one common share minus withholding taxes."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider position did Ambev (ABEV) disclose for its CEO in this Form 3/A?

Ambev disclosed that CEO Carlos Eduardo Klutzenschell Lisboa holds 546,291 restricted shares. These represent a contingent right to receive the same number of common shares, subject to vesting conditions and applicable withholding taxes at settlement.

When do the CEO’s restricted shares at Ambev (ABEV) vest?

The CEO’s restricted shares vest on February 16, 2029. Vesting means that on this date, subject to plan conditions, each restricted share can convert into one common share, after accounting for any required withholding taxes.

How many Ambev (ABEV) common shares could the CEO receive from these restricted shares?

The CEO could receive up to 546,291 common shares from the restricted shares. Each restricted share corresponds to one common share, although the final number delivered will be reduced by any shares withheld to cover taxes.

What does it mean that Ambev (ABEV) restricted shares have a zero exercise price?

A zero exercise price means the CEO does not pay cash to convert restricted shares into common shares. Instead, once they vest on February 16, 2029, each restricted share delivers one common share, adjusted for any tax withholding obligations.

Are the CEO’s Ambev (ABEV) restricted shares currently tradable?

The restricted shares are not freely tradable until they vest. They represent a future, contingent right to receive common shares on February 16, 2029, subject to plan conditions and withholding taxes, rather than ordinary shares that can be sold immediately.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/01/2026 - 04:45 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Klutzenschell Lisboa Carlos Eduardo

(Last) (First) (Middle)

RUA DR. RENATO PAES DE BARROS, 1017

3 ANDAR PARTE

(Street)

SAO PAULO BRAZIL 04530-001

(City) (State) (Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
AMBEV S.A. [ ABEV ]

3a. Foreign Trading Symbol
[ABEV3]

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Shares	(1)	(1)	Common Shares	546,291	(2)	D

Explanation of Responses:

1. These restricted shares vest on February 16, 2029.

2. Each restricted share represents a contingent right to receive one common share minus withholding taxes.

Remarks:

This Form 3/A is being filed solely to add certain restricted shares beneficially owned by the reporting person that were inadvertently omitted from the original Form 3 filed on March 18, 2026.

	/s/ Carlos Eduardo Klutzenschell Lisboa	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)