Ambev (NYSE: ABEV) director details restricted share awards vesting to 2030

Rhea-AI Filing Summary

AMBEV S.A. director Lia Machado de Matos filed an initial ownership report showing several awards of restricted shares tied to Ambev common stock. The positions include blocks of restricted shares corresponding to 26,312 and 28,641 underlying common shares held directly, among other tranches.

Footnotes explain that each restricted share represents a contingent right to receive one common share minus withholding taxes, with vesting dates on December 1, 2026, December 1, 2027, December 1, 2028, December 2, 2029, and December 1, 2030. The filing reports these holdings and does not disclose any open-market purchases or sales.

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^*

Machado de Matos Lia

(Last) (First) (Middle)

RUA DR. RENATO PAES DE BARROS, 1017

4TH FLOOR

(Street)

SAO PAULO 04530-001

(City) (State) (Zip)

UNITED STATES

(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)

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

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	26,312	(2)	D
Restricted Shares	(3)	(3)	Common Shares	28,641	(2)	D
Restricted Shares	(4)	(4)	Common Shares	38,689	(2)	D
Restricted Shares	(5)	(5)	Common Shares	39,505	(2)	D
Restricted Shares	(6)	(6)	Common Shares	33,289	(2)	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 December 1, 2027.

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

5. These restricted shares vest on December 2, 2029.

6. These restricted shares vest on December 1, 2030.

	/s/ Lia Machado de Matos	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 filed by Lia Machado de Matos show?

The Form 3 shows director Lia Machado de Matos reporting several holdings of restricted shares in AMBEV S.A., each linked to underlying common shares. It is an initial ownership statement rather than a report of new market transactions.

How are the Ambev (ABEV) restricted shares described in this Form 3?

Each restricted share represents a contingent right to receive one common share, reduced by any required withholding taxes. This means the director ultimately receives Ambev common shares as the awards vest, after tax obligations are settled in shares or cash.

When do Lia Machado de Matos’s Ambev (ABEV) restricted shares vest?

The restricted shares vest in multiple future tranches on December 1, 2026, December 1, 2027, December 1, 2028, December 2, 2029, and December 1, 2030. These staggered vesting dates spread the potential share delivery over several years.

Are there any open-market share purchases or sales in this Ambev (ABEV) Form 3?

No open-market buys or sells are indicated. The summary data show zero reported purchase and sale transactions, with entries classified as holdings in restricted shares. The filing focuses on reporting existing equity-based awards, not trading activity.

How are the Ambev (ABEV) restricted share holdings structured for Lia Machado de Matos?

The holdings consist of several direct positions in restricted shares, each tied to a specific block of underlying common shares. Examples include tranches corresponding to 26,312 and 28,641 common shares, all held directly and vesting on scheduled future dates.