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Ambev (NYSE: ABEV) officer details common share, option and RSU stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

AMBEV S.A. executive Derbli de Carvalho Joao Coelho Rua filed an initial ownership report showing his equity stake in the company. He directly holds 101,461 common shares. In addition, he has several stock option grants on common shares with exercise prices around $3.41–$4.15 expiring between 2026 and 2029.

The filing also lists multiple restricted share awards that each convert into common shares as they vest, subject to withholding taxes. Footnotes state that different restricted share blocks vest on dates including December 1, 2026, March 1, 2027, December 2, 2027, February 28, 2028, December 1, 2028, and February 16, 2029, outlining a multi‑year vesting schedule.

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Insider Derbli de Carvalho Joao Coelho Rua
Role See Remarks
Type Security Shares Price Value
holding Restricted Shares -- -- --
holding Restricted Shares -- -- --
holding Restricted Shares -- -- --
holding Restricted Shares -- -- --
holding Restricted Shares -- -- --
holding Restricted Shares -- -- --
holding Stock Options (Right to Buy) -- -- --
holding Stock Options (Right to Buy) -- -- --
holding Stock Options (Right to Buy) -- -- --
holding Stock Options (Right to Buy) -- -- --
holding Common Shares -- -- --
Holdings After Transaction: Restricted Shares — 317,193 shares (Direct, null); Stock Options (Right to Buy) — 46,754 shares (Direct, null); Common Shares — 101,461 shares (Direct, null)
Footnotes (1)
  1. These restricted shares vest on December 1, 2026. Each restricted share represents a contingent right to receive one common share minus withholding taxes. These restricted shares vest on March 1, 2027. These restricted shares vest on December 2, 2027. These restricted shares vest on February 28, 2028. These restricted shares vest on December 1, 2028. These restricted shares vest on February 16, 2029.
Direct common shares 101,461 shares Directly held common shares following reported holdings
Largest option grant 142,176 underlying shares at $4.15 Stock options (right to buy) expiring December 2, 2027
Option grant 117,937 underlying shares at $3.41 Stock options (right to buy) expiring December 4, 2028
Option grant 67,371 underlying shares at $3.64 Stock options (right to buy) expiring December 3, 2029
Restricted shares block 416,194 shares Restricted shares representing contingent rights to common shares
Restricted shares block 317,193 shares Restricted shares subject to vesting and tax withholding
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)""
Restricted Shares financial
"security_title: "Restricted Shares""
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.
exercise price financial
"conversion_or_exercise_price: "3.4100""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"These restricted shares vest on December 1, 2026."
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
"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.
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SEC Form 3
FORM 3UNITED 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*
Derbli de Carvalho Joao Coelho Rua

(Last)(First)(Middle)
RUA DR. RENATO PAES DE BARROS, 1017
4TH FLOOR

(Street)
SAO PAULOD504530-001

(City)(State)(Zip)

BRAZIL

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/04/2026
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)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Common Shares101,461D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Shares (1) (1)Common Shares317,193(2)D
Restricted Shares (3) (3)Common Shares140,004(2)D
Restricted Shares (4) (4)Common Shares416,194(2)D
Restricted Shares (5) (5)Common Shares90,199(2)D
Restricted Shares (6) (6)Common Shares233,803(2)D
Restricted Shares (7) (7)Common Shares38,843(2)D
Stock Options (Right to Buy)12/01/202112/02/2026Common Shares46,754$3.46D
Stock Options (Right to Buy)12/01/202212/02/2027Common Shares142,176$4.15D
Stock Options (Right to Buy)12/03/202312/04/2028Common Shares117,937$3.41D
Stock Options (Right to Buy)12/02/202412/03/2029Common Shares67,371$3.64D
Explanation of Responses:
1. These restricted shares vest on December 1, 2026.
2. Each restricted share represents a contingent right to receive one common share minus withholding taxes.
3. These restricted shares vest on March 1, 2027.
4. These restricted shares vest on December 2, 2027.
5. These restricted shares vest on February 28, 2028.
6. These restricted shares vest on December 1, 2028.
7. These restricted shares vest on February 16, 2029.
Remarks:
Commercial Vice President Officer. All prices were converted from Brazilian Real (BRL) to U.S. Dollars (USD) based on the foreign exchange rate as of May 4, 2026 (at USD 1.00 = BRL 4.96).
/s/ Joao Coelho Rua Derbli de Carvalho06/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What does the Ambev (ABEV) Form 3 filing by Derbli de Carvalho Joao Coelho Rua show?

The Form 3 shows his initial ownership in Ambev, including 101,461 common shares held directly and multiple option and restricted share awards. It establishes his baseline equity position as an officer as of the reporting date, with detailed vesting and expiration terms.

How many Ambev (ABEV) common shares does the reporting officer directly hold?

The officer directly holds 101,461 Ambev common shares according to the Form 3. This figure reflects his immediate, non-derivative equity position, separate from stock options and restricted shares that may convert into additional common shares over time as they vest or are exercised.

What stock option awards are disclosed for the Ambev (ABEV) officer in this Form 3?

The filing lists several stock options on Ambev common shares with exercise prices such as $3.46, $3.41, $3.64, and $4.15. These options correspond to underlying share amounts and expire between 2026 and 2029, indicating long-term incentive compensation.

What restricted share grants are reported for the Ambev (ABEV) executive?

Multiple restricted share awards are disclosed, each representing a contingent right to receive one common share minus withholding taxes. Footnotes explain that these grants vest on dates including December 1, 2026, March 1, 2027, December 2, 2027, February 28, 2028, December 1, 2028, and February 16, 2029.

Do the Ambev (ABEV) restricted shares in this Form 3 provide immediate ownership?

The restricted shares do not provide full immediate ownership. Each restricted share represents a contingent right to receive one common share, reduced by any withholding taxes, and becomes deliverable only when the specified vesting dates are reached as described in the footnotes.

Does this Ambev (ABEV) Form 3 show any recent insider buying or selling?

The Form 3 presents existing holdings rather than buy or sell transactions. Transactions are labeled as holdings, and the summary data show no categorized buys, sells, exercises, or gifts, indicating the filing primarily establishes the executive’s starting ownership position at Ambev.