Ambev (ABEV) officer sells 20,971 shares in open-market trade

Rhea-AI Filing Summary

AMBEV S.A. officer Malik Parente Guilherme reported an open-market sale of 20,971 common shares at a weighted average price of $2.76 per share on March 24, 2026. The shares were sold in multiple trades between $2.76 and $2.81. After this transaction, he directly holds 26,727 common shares.

Insider Trade Summary

Net Seller: 20,971 shares ($57,880)

Net Sell 1 txn

Insider Malik Parente Guilherme

Role See Remarks

Sold 20,971 shs ($58K)

Type	Security	Shares	Price	Value
Sale	Common Shares	20,971	$2.76	$58K

Holdings After Transaction: Common Shares — 26,727 shares (Direct)

Footnotes (1)

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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^*

Malik Parente Guilherme

(Last) (First) (Middle)

RUA DR. RENATO PAES DE BARROS, 1017

4TH FLOOR

(Street)

SAO PAULO BRAZIL 04530-001

(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)
03/24/2026

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	03/24/2026		S		20,971	D	$2.76(1)	26,727	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.76 to $2.81, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

Remarks:

Legal and Compliance Vice President Officer. All prices were converted from Brazilian Real (BRL) to U.S. Dollars (USD) based on the closing foreign exchange rate as of March 24, 2026 (at USD 1.00 = BRL 5.26).

	/s/ Guilherme Malik Parente	03/26/2026
	** 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 Malik Parente Guilherme?

Ambev reported that officer Malik Parente Guilherme sold 20,971 common shares in an open-market transaction. The filing shows this sale as a routine insider trade, giving transparency into his changing direct ownership position in the company.

At what prices did Malik Parente Guilherme sell Ambev (ABEV) shares?

The filing reports a weighted average price of $2.76 per share. Individual trades occurred in multiple transactions, with prices ranging from $2.76 to $2.81. The insider committed to provide exact breakdowns of each price level upon request.

How many Ambev (ABEV) shares does Malik Parente Guilherme hold after the sale?

Following the reported transaction, Malik Parente Guilherme directly holds 26,727 common shares of Ambev. This figure reflects his remaining stake after selling 20,971 shares in the open market as disclosed in the Form 4 filing.

Was the Ambev (ABEV) insider sale done in a single trade or multiple trades?

The Form 4 notes that the 20,971 shares were sold in multiple transactions. These trades occurred at various prices within a $2.76 to $2.81 range, resulting in the reported weighted average sale price of $2.76 per share.

Does the Ambev (ABEV) filing specify if the insider used a trading plan?

The provided disclosure describes an open-market sale with a weighted average price and a $2.76–$2.81 range. It does not mention any pre-arranged trading plan in the excerpt, focusing instead on price details and post-transaction share ownership.