Azul SA (AZLUD) CRO discloses direct ownership of 431,071 shares

Rhea-AI Filing Summary

Azul SA Chief Revenue Officer Abhi Manoj Shah filed an initial ownership report showing he directly holds 431,071 shares of Common Stock. This Form 3 does not report any new purchase or sale transactions; it establishes his current equity stake as an officer of the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shah Abhi Manoj

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 431,071 shares (Direct)

Footnotes (1)

Understanding Insider Trading Forms →

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^*

Shah Abhi Manoj

(Last) (First) (Middle)

AV. MARCOS PENTEADO ULHOA RODRIGES

939 TAMBORE, BARUERI

(Street)

SAO PAULO D5 06460-040

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
AZUL SA [ AZUL ]

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

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

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

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 Stock	431,071	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

Explanation of Responses:

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Alexandre Wagner Malfitani, Attorney-in-Fact	03/17/2026
	** 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.

FAQ

What does the Form 3 filed for AZUL SA (AZLUD) by Abhi Manoj Shah show?

The Form 3 shows Chief Revenue Officer Abhi Manoj Shah directly holds 431,071 shares of Azul SA Common Stock. It is an initial ownership statement and does not report any new buy or sell transactions, only his existing stake as an officer.

How many AZUL SA shares does Chief Revenue Officer Abhi Manoj Shah own?

Abhi Manoj Shah directly owns 431,071 shares of AZUL SA Common Stock according to the Form 3. This filing sets out his beneficial ownership position as an executive but does not indicate any recent transactions that changed this amount.

Is the AZUL SA Form 3 for Abhi Manoj Shah a buy or sell transaction?

No, the Form 3 is not a buy or sell filing. It is an initial statement of beneficial ownership, listing 431,071 Common Stock shares held directly by the Chief Revenue Officer, without disclosing any recent purchases, sales, or other equity transactions.

Does the AZUL SA Form 3 show indirect or direct ownership for Abhi Manoj Shah?

The Form 3 reports direct ownership of 431,071 shares of Common Stock by Abhi Manoj Shah. The ownership code is listed as direct, and there is no indication of indirect holdings through trusts, partnerships, or other related entities in this filing.

Are there any derivative securities reported for Abhi Manoj Shah in the AZUL SA Form 3?

No derivative securities are listed for Abhi Manoj Shah in this Form 3. The derivative section is empty, indicating only Common Stock holdings of 431,071 shares are reported as part of his current beneficial ownership position.