Cosan (CSAN) CFO Bergman discloses common stock and long-term incentive stake

Rhea-AI Filing Summary

Cosan S.A. executive Rafael Bergman, Chief Finance Officer, filed an initial ownership report showing his equity position in the company. He reports direct ownership of 232,662 shares of common stock (BVMF: CSAN3) and 55,242 units tied to a long term incentive based on the same stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bergman Rafael

Role Chief Finance Officer

Type	Security	Shares	Price	Value
holding	COMMON STOCK (BVMF: CSAN3)	--	--	--
holding	LONG TERM INCENTIVE (BVMF: CSAN3)	--	--	--

Holdings After Transaction: COMMON STOCK (BVMF: CSAN3) — 232,662 shares (Direct); LONG TERM INCENTIVE (BVMF: CSAN3) — 55,242 shares (Direct)

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Accepted by SEC EDGAR 03/18/2026 - 08:52 AM Learn about SEC filing dates

FAQ

What does Rafael Bergman’s Form 3 filing show for Cosan (CSAN)?

The Form 3 shows Chief Finance Officer Rafael Bergman’s initial equity holdings in Cosan S.A. He reports 232,662 common shares and 55,242 long term incentive units, establishing his baseline ownership as a company insider.

How many Cosan (CSAN) common shares does Rafael Bergman directly own?

Rafael Bergman directly owns 232,662 shares of Cosan S.A. common stock (BVMF: CSAN3) according to the Form 3. This figure reflects his reported direct ownership after the filing’s effective date.

What long term incentive holdings does Cosan CFO Rafael Bergman report?

Bergman reports 55,242 long term incentive units linked to Cosan S.A. shares (BVMF: CSAN3). These units are disclosed separately from his common stock, indicating a structured incentive position based on the company’s equity.

Does Rafael Bergman’s Form 3 indicate recent buying or selling of Cosan shares?

The Form 3 does not indicate specific buy or sell transactions. It classifies the entries as holdings with unknown transaction codes, serving primarily to disclose Bergman’s existing ownership rather than recent trading activity.

What is the role of Rafael Bergman at Cosan (CSAN) in this Form 3?

In the Form 3, Rafael Bergman is identified as Chief Finance Officer of Cosan S.A. This officer role makes him a reporting insider, requiring disclosure of his direct equity and long term incentive holdings in the company.

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^*

Bergman Rafael

(Last) (First) (Middle)

AV. BRIGADEIRO FARIA LIMA, 4100

(Street)

SAO PAULO SP 04538-132

(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
Cosan S.A. [ CSAN ]

3a. Foreign Trading Symbol
[CSAN3]

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

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

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

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 (BVMF: CSAN3)	232,662	D
LONG TERM INCENTIVE (BVMF: CSAN3)	55,242	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:

	/s/ Rafael Bergman	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)