Suzano (NYSE: SUZ) director reshapes 9.2M-share stake structure
Rhea-AI Filing Summary
Suzano S.A. (SUZ) director Daniel Feffer reported restructuring-related changes in his holdings. An entity associated with him, Suzano Holding S.A., had 8,772,223 common shares of Suzano S.A. cancelled in connection with a capital reduction, leaving Suzano Holding S.A. with 358,840,106 common shares over which he continues to share voting and dispositive power. Separately, he received 408,863 common shares directly under a shareholders' agreement, resulting in 48,486,168 common shares held directly. The footnotes state no purchase or sale occurred and no consideration was paid for these transfers.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,363,360 shares
Net Sell
2 txns
Insider
Feffer Daniel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common shares F1, F2 | 8,772,223 | -- | -- |
| Other | Common shares F3, F4 | 408,863 | -- | -- |
Holdings After Transaction:
Common shares — 358,840,106 shares (Indirect, By Suzano Holding S.A.);
Common shares — 48,486,168 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 408,863 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
Shares cancelled in capital reduction: 8,772,223 common shares
Shares held by Suzano Holding S.A. after cancellation: 358,840,106 common shares
Shares received directly by Daniel Feffer: 408,863 common shares
+2 more
5 metrics
Shares cancelled in capital reduction
8,772,223 common shares
Cancellation of shares of Suzano S.A. held by Suzano Holding S.A. in connection with a capital reduction
Shares held by Suzano Holding S.A. after cancellation
358,840,106 common shares
Total Suzano S.A. common shares held by Suzano Holding S.A. following the capital reduction
Shares received directly by Daniel Feffer
408,863 common shares
Common shares of Suzano S.A. received pursuant to the shareholders' agreement of Suzano Holding S.A.
Direct holdings after acquisition
48,486,168 common shares
Total Suzano S.A. common shares held directly by Daniel Feffer after receiving 408,863 shares
Restructuring shares affected
9,181,086 common shares
Total shares involved in restructuring-related transactions coded as J in the Form 4
Key Terms
capital reduction, dispositive power, shareholders' agreement
3 terms
capital reduction financial
"cancellation of shares in connection with a capital reduction of Suzano Holding S.A."
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 restructuring transactions did SUZ director Daniel Feffer report in this Form 4?
Daniel Feffer reported cancellation of 8,772,223 common shares of Suzano S.A. held via Suzano Holding S.A. due to a capital reduction, and receipt of 408,863 common shares directly under a shareholders' agreement. The filing states no shares were purchased or sold.
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