What holdings does the Embraer (ERJ) executive report after this Phantom Share grant?

After the reported transactions, the executive holds 9,540 newly granted Phantom Shares and existing phantom positions tied to 10,889 and 27,672 underlying common shares. He also reports indirect ownership of 600 common shares held by his spouse, according to the Form 4.

Embraer (NYSE: ERJ) VP receives 9,540 Phantom Share award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

EMBRAER S.A. Vice President of Operations Luis Carlos Marinho da Silva reported a new compensation grant on a Form 4. He received 9,540 Phantom Shares on April 23, 2026, at an exercise price of 0.0000, expiring on April 23, 2029.

Each Phantom Share is the economic equivalent of one Embraer common share and is settled in stock. After this filing, he also holds Phantom Share awards representing 10,889 and 27,672 underlying common shares, plus 600 common shares held indirectly through his spouse.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Silva Luis Carlos Marinho da

Role Vice President, Operations

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	9,540	$0.00	--
holding	Phantom Shares	--	--	--
holding	Phantom Shares	--	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Phantom Shares — 9,540 shares (Direct, null); Common Shares — 600 shares (Indirect, By spouse)

Footnotes (1)

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Key Figures

Phantom Shares granted: 9,540 Phantom Shares Exercise price: 0.0000 per Phantom Share Grant expiration: April 23, 2029 +3 more

6 metrics

Phantom Shares granted 9,540 Phantom Shares Grant to VP Operations on April 23, 2026

Exercise price 0.0000 per Phantom Share Grant effective April 23, 2026

Grant expiration April 23, 2029 Phantom Share award term

Existing phantom position 1 10,889 underlying shares Phantom Shares expiring March 13, 2028

Existing phantom position 2 27,672 underlying shares Phantom Shares expiring March 14, 2027

Indirect common shares 600 common shares Held indirectly by spouse

Key Terms

Phantom Shares, economic equivalent, indirect ownership, derivative

4 terms

Phantom Shares financial

"The Form 4 reports grants and holdings of Phantom Shares."

Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share."

indirect ownership financial

"600 common shares are reported as held indirectly by spouse."

derivative financial

"The 9,540 Phantom Shares are reported as a derivative transaction."

A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

Form 4 Insider Transactions: What Each Field Means →

04/27/2026 - 05:30 PM

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^*

Silva Luis Carlos Marinho da

(Last)

(First)

(Middle)

AVENIDA BRIGADEIRO FARIA LIMA, 2170

PUTIM

(Street)

SAO JOSE DOS CAMPOS

SAO PAULO

12227-901

(City)

(State)

(Zip)

BRAZIL

(Country)

2. Issuer Name and Ticker or Trading Symbol
EMBRAER S.A. [ EMBJ ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice President, Operations

2a. Foreign Trading Symbol
[EMBJ3]

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares								600	I	By spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Shares	⁽¹⁾							03/14/2027	03/14/2027	Common Shares	27,672		27,672	D
Phantom Shares	⁽¹⁾							03/13/2028	03/13/2028	Common Shares	10,889		10,889	D
Phantom Shares	⁽¹⁾	04/23/2026		A		9,540		04/23/2029	04/23/2029	Common Shares	9,540	$0	9,540	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Embraer S.A. common stock.

	/s/ Luiz Carlos Marinho da Silva	04/27/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Embraer (ERJ) report for Luis Carlos Marinho da Silva?

The Form 4 shows Luis Carlos Marinho da Silva received 9,540 Phantom Shares as a compensation award. These are derivative units economically equivalent to common stock, adding to his existing phantom share and indirect common share holdings.

How many Phantom Shares did Embraer (ERJ) grant in this Form 4 filing?

Embraer granted 9,540 Phantom Shares to its Vice President of Operations. Each unit represents the economic equivalent of one common share, with a zero exercise price and scheduled exercise and expiration date on April 23, 2029, according to the filing.

What are Phantom Shares in the Embraer (ERJ) Form 4 filing?

Phantom Shares are derivative units that mirror the value of Embraer common stock. The footnote explains each phantom share is the economic equivalent of one common share, providing stock-based compensation without immediate issuance of regular shares to the executive.

Does the Embraer (ERJ) Form 4 show any insider stock sales?

The Form 4 does not report any insider sales. It records a grant of 9,540 Phantom Shares and updates of existing phantom and indirect common share holdings, with no transactions classified as open-market purchases or sales in this filing’s transaction summary.