Suzano (NYSE: SUZ) director moves 9.3M shares in internal reshuffle
Rhea-AI Filing Summary
Suzano S.A. (SUZ) reported Form 4 activity by director David Feffer reflecting internal restructurings rather than market trades. An entity associated with him, Suzano Holding S.A., cancelled 8,772,223 common shares in a capital reduction and now holds 358,840,106 Suzano shares, over which he continues to share voting and dispositive power. Separately, he received 554,210 common shares directly under a shareholders' agreement, bringing his direct holdings to 54,077,080 shares. The footnotes state that no purchase price was paid and that he did not purchase or sell any shares in these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,218,013 shares
Net Sell
2 txns
Insider
Feffer David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common shares F1, F2 | 8,772,223 | -- | -- |
| Other | Common shares F3, F4 | 554,210 | -- | -- |
Holdings After Transaction:
Common shares — 358,840,106 shares (Indirect, By Suzano Holding S.A.);
Common shares — 54,077,080 shares (Direct)
Footnotes (4)
- F1. No transaction price was applicable because the reported disposition resulted from the cancellation of shares in connection with a capital reduction of Suzano Holding S.A.
- F2. The amount of 358,840,106 represents the total number of common shares of Suzano S.A. held by Suzano Holding S.A. following the cancellation of 8,772,223 common shares in connection with a capital reduction of Suzano Holding S.A. The reporting person, as a party to the shareholders' agreement of Suzano Holding S.A., continues to share voting and dispositive power over all such shares. The reporting person did not purchase or sell any shares.
- F3. The reporting person received 554,210 common shares pursuant to the shareholders' agreement of Suzano Holding S.A. The reporting person did not purchase or sell any shares.
- F4. The shares were received pursuant to the shareholders' agreement of Suzano Holding S.A. No purchase price or other consideration was paid in connection with the acquisition.
Key Figures
Indirect shares cancelled: 8,772,223 common shares
Indirect holdings after transaction: 358,840,106 common shares
Direct shares acquired: 554,210 common shares
+2 more
5 metrics
Indirect shares cancelled
8,772,223 common shares
Cancellation in connection with a capital reduction of Suzano Holding S.A.
Indirect holdings after transaction
358,840,106 common shares
Total Suzano S.A. common shares held by Suzano Holding S.A. following cancellation
Direct shares acquired
554,210 common shares
Shares received by the reporting person under a shareholders' agreement
Direct holdings after transaction
54,077,080 common shares
Total Suzano S.A. common shares held directly by the reporting person after receipt
Restructuring-related shares
9,326,433 common shares
Total shares involved in restructuring-type transactions per transaction summary
Key Terms
capital reduction, shareholders' agreement, dispositive power
3 terms
capital reduction financial
"resulted from the cancellation of shares in connection with a capital reduction"
A capital reduction is a legal move where a company shrinks the amount of money recorded as its official share capital, either by cancelling shares, lowering the value of each share, or returning cash to shareholders. Investors care because it changes the company’s balance sheet and can alter how much each remaining share represents—like pruning a tree to concentrate fruit or giving back some of the harvest—potentially affecting ownership percentages, per‑share metrics and the stock’s market value.
dispositive power financial
"continues to share voting and dispositive power over all such shares"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
What are David Feffer’s direct holdings in Suzano S.A. (SUZ) after these transactions?
Following receipt of 554,210 common shares pursuant to a shareholders' agreement, David Feffer directly holds 54,077,080 common shares of Suzano S.A. The filing notes that no purchase price or other consideration was paid for this acquisition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
