Performance bonus grants Ambev (ABEV) officer 38,074 new common shares

Rhea-AI Filing Summary

AMBEV S.A. officer Duarte Valdecir received a grant of 38,074 Common Shares on March 30, 2026 as part of a performance-based bonus payment. The grant is recorded at a price of $3.11 per share and is held as direct ownership.

Following this compensation-related acquisition, Valdecir directly holds 743,437 Common Shares of Ambev. This Form 4 reflects an award of shares rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Duarte Valdecir

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	38,074	$3.11	$118K

Holdings After Transaction: Common Shares — 743,437 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 38,074 shares Price per share: $3.11 per share Shares held after grant: 743,437 shares

3 metrics

Shares granted 38,074 shares Common Shares grant on March 30, 2026

Price per share $3.11 per share Recorded transaction price for the grant

Shares held after grant 743,437 shares Total direct Common Shares following the transaction

Key Terms

performance-based bonus payment, Common Shares, grant, award, or other acquisition

3 terms

performance-based bonus payment financial

"Represents a grant of common shares as part of a performance-based bonus payment."

Common Shares financial

"Represents a grant of common shares as part of a performance-based bonus payment."

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Duarte Valdecir

(Last) (First) (Middle)

RUA DR. RENATO PAES DE BARROS, 1017

4TH FLOOR

(Street)

SAO PAULO BRAZIL 04530-000

(City) (State) (Zip)

BRAZIL

(Country)

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

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

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

2a. Foreign Trading Symbol
[ABEV3]

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	03/30/2026		A		38,074(1)	A	$3.11	743,437	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of common shares as part of a performance-based bonus payment.

Remarks:

Industrial Vice President Officer.

	/s/ Valdecir Duarte	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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did Ambev (ABEV) report for Duarte Valdecir?

Ambev reported that officer Duarte Valdecir received a grant of 38,074 Common Shares. The shares were issued on March 30, 2026 as part of a performance-based bonus, and are recorded as a non-derivative, direct ownership acquisition.

Was the Ambev (ABEV) insider transaction a market buy or sell?

The filing shows a grant/award acquisition, not a market trade. Code A indicates the 38,074 Common Shares were awarded as compensation, specifically a performance-based bonus, rather than bought or sold on the open market by the officer.

How many Ambev (ABEV) shares does Duarte Valdecir hold after this grant?

After the March 30, 2026 grant, Duarte Valdecir directly holds 743,437 Common Shares of Ambev. This total includes the newly awarded 38,074 shares reported in the Form 4 and reflects his direct, non-derivative ownership position following the transaction.

What was the reported price per share for the Ambev (ABEV) share grant?

The grant to Duarte Valdecir was recorded at a price of $3.11 per share for the 38,074 Common Shares. This figure is the transaction price per share disclosed in the Form 4 for this performance-based bonus award.

How is the Ambev (ABEV) insider grant classified in the Form 4 filing?

The transaction is classified as non-derivative Common Shares with code A, described as a grant, award, or other acquisition. The filing notes it represents a grant of common shares as part of a performance-based bonus payment and is held as direct ownership.