Ambev (NYSE: ABEV) director reports 33,289 restricted share units

Rhea-AI Filing Summary

AMBEV S.A. director Fernanda Gemael Hoefel reported an initial holding of 33,289 restricted shares. These restricted shares vest on December 1, 2030. Each restricted share represents a contingent right to receive one common share, reduced by any shares withheld to cover applicable taxes.

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

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1. Name and Address of Reporting Person^*

Gemael Hoefel Fernanda

(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)

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	33,289	(2)	D

Explanation of Responses:

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

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

	/s/ Fernanda Gemael Hoefel	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 insider position did Ambev (ABEV) director Fernanda Gemael Hoefel report?

Fernanda Gemael Hoefel reported holding 33,289 restricted shares of Ambev. This filing is an initial statement of beneficial ownership, showing her equity-based compensation position rather than a new market purchase or sale of Ambev common stock.

When do Fernanda Gemael Hoefel’s Ambev (ABEV) restricted shares vest?

Her Ambev restricted shares vest on December 1, 2030. Vesting means she must remain eligible until that date before the restricted shares convert into common shares, subject to any tax withholding obligations at the time of settlement.

What does each Ambev (ABEV) restricted share represent for this director?

Each restricted share represents a contingent right to receive one Ambev common share. Upon vesting and settlement, the number of shares actually delivered will be reduced by any shares withheld to satisfy applicable tax withholding requirements.

Is Fernanda Gemael Hoefel’s Ambev (ABEV) Form 3 a buy or sell transaction?

The Form 3 is not a buy or sell transaction. It is an initial ownership report showing 33,289 restricted shares already granted, rather than documenting an open-market purchase or sale of Ambev common stock by the director.

How many Ambev (ABEV) common shares underlie the director’s restricted shares?

The 33,289 restricted shares are linked to 33,289 underlying common shares. After vesting on December 1, 2030, the director may receive up to that number of common shares, adjusted for any shares withheld to cover taxes.