[Form 3] Suzano S.A. Initial Statement of Beneficial Ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Suzano S.A. executive Luis Renato Costa Bueno filed a Form 3 reporting his existing incentive holdings. He reports direct holdings of various performance phantom shares, phantom shares, and performance restricted shares tied to Suzano common shares, with no new buy or sell transactions disclosed.
Several phantom share awards are cash settled and reference the price of one Suzano common share, vesting on dates such as 03/01/2026, 03/01/2027, and 04/01/2028, subject to performance and other conditions. He also holds 158,238 performance restricted shares as a direct equity-based position.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Bueno Luis Renato Costa
Role
Executive VP of Consumer Goods
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Performance Phantom Shares | -- | -- | -- |
| holding | Performance Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Performance Restricted Shares | -- | -- | -- |
Holdings After Transaction:
Performance Phantom Shares — 24,920 shares (Direct);
Phantom Shares — 5,202 shares (Direct);
Performance Restricted Shares — 158,238 shares (Direct)
Footnotes (1)
- Upon vesting, additional common shares may be delivered subject to the satisfaction of certain performance condition - the share price at the time of redemption is multiplied by the Total Shareholder Return (TSR) during the period (which varies between 75% and 125%), depending on the performance of the SUZB3 share in relation to its industry peers in Brazil). Cash settled phantom shares granted on 05/13/2024 and vesting on 04/01/2027, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting. Cash settled phantom shares granted on 03/01/2024 and vesting on 03/01/2028, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting. Cash settled phantom shares granted on 03/01/2024 and vesting on 03/01/2027, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting. Cash settled phantom shares granted on 03/01/2023 and vesting on 03/01/2026, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting. Cash settled phantom shares granted on 04/01/2023 and vesting on 04/01/2026, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting. Cash settled phantom shares granted on 04/01/2025 and vesting on 04/01/2028, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting. Cash settled phantom shares granted on 03/01/2025 and vesting on 03/01/2028, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting. Cash settled phantom shares granted on 03/01/2023 and vesting on 03/01/2027, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting. Cash settled phantom shares granted on 03/01/2022 and vesting on 03/01/2026, subject to certain conditions. The price of each phantom share is referenced to one Suzano common share. Phantom shares are settled in cash upon vesting.
