Ambev (NYSE: ABEV) executive reports equity awards in Form 3

Rhea-AI Filing Summary

AMBEV S.A. executive Carla Smith de Vasconcellos Crippa Prado filed an initial Form 3 reporting her equity holdings. She directly owns 130,203 common shares and multiple tranches of restricted shares that each represent rights to receive one common share, scheduled to vest between December 2026 and December 2028. She also holds several stock option grants on common shares, with exercise prices ranging from about $3.11 to $3.91 per share and expiration dates from late 2026 through 2029, showing a mix of current ownership and longer-term incentive awards.

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^*

Crippa Prado Carla Smith de Vasconcellos

(Last) (First) (Middle)

RUA DR. RENATO PAES DE BARROS, 1017

4TH FLOOR

(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

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

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)
Common Shares	130,203	D

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	102,361	(2)	D
Restricted Shares	(3)	(3)	Common Shares	145,789	(2)	D
Restricted Shares	(4)	(4)	Common Shares	234,872	(2)	D
Restricted Shares	(5)	(5)	Common Shares	441,505	(2)	D
Restricted Shares	(6)	(6)	Common Shares	65,794	(2)	D
Restricted Shares	(7)	(7)	Common Shares	98,957	(2)	D
Stock Options (Right to Buy)	12/01/2021	12/02/2026	Common Shares	35,065	$3.26	D
Stock Options (Right to Buy)	12/22/2021	12/23/2026	Common Shares	146,113	$3.11	D
Stock Options (Right to Buy)	12/01/2022	12/02/2027	Common Shares	31,249	$3.91	D
Stock Options (Right to Buy)	12/03/2023	12/04/2028	Common Shares	77,590	$3.22	D
Stock Options (Right to Buy)	12/02/2024	12/03/2029	Common Shares	67,371	$3.43	D

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 December 14, 2027.

6. These restricted shares vest on February 28, 2028.

7. These restricted shares vest on December 1, 2028.

Remarks:

Corporate Affairs Vice President Officer. All prices were converted from Brazilian Real (BRL) to U.S. Dollars (USD) based on the foreign exchange rate as of March 17, 2026 (at USD 1.00 = BRL 5.26).

	/s/ Carla Smith de Vasconcellos Crippa Prado	03/18/2026
	** 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)

FAQ

What does the Ambev (ABEV) Form 3 filing by Carla Smith de Vasconcellos Crippa Prado show?

The Form 3 shows her initial equity holdings in Ambev, including 130,203 common shares, several tranches of restricted shares that vest over time, and multiple stock option awards with different exercise prices and expiration dates, indicating both current ownership and long-term incentives.

How many Ambev (ABEV) common shares does the reporting person directly own?

The reporting person directly owns 130,203 Ambev common shares. This figure reflects only her current common share position and excludes additional exposure from restricted share awards and stock options that could convert into further common shares in future years.

What restricted share awards are disclosed in the Ambev (ABEV) Form 3?

The Form 3 lists several restricted share awards, each representing a contingent right to receive one Ambev common share minus withholding taxes. Footnotes state that different tranches vest on dates between December 1, 2026 and December 1, 2028, providing staggered long-term compensation.

What stock options are reported for the Ambev (ABEV) insider on Form 3?

The filing shows multiple stock option grants over Ambev common shares, with exercise prices such as $3.26, $3.11, $3.91, $3.22 and $3.43. These options have expiration dates ranging from December 2026 through December 2029, reflecting multi‑year equity incentives.

Does the Ambev (ABEV) Form 3 indicate recent insider buying or selling activity?

No recent buying or selling activity is indicated. The entries are labeled as holdings with unknown transaction codes, meaning the document records existing ownership of common shares, restricted shares, and options rather than new open‑market purchases or sales.