Suzano (SUZ) CEO converts restricted stock into 168.672 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Suzano S.A. CEO Joao Alberto Fernandez de Abreu reported the conversion of restricted shares into common stock as part of equity compensation. On April 17, 2026, he converted 168.672 restricted shares into the same number of common shares on a one-for-one basis.
The reference price for the converted common shares was $47.53 per share, but the company notes this does not represent a market purchase by the CEO and reflects only a book-entry value. After these transactions, he holds 168,840.672 common shares and 232,651 restricted shares directly. The restricted stock carries a two-year vesting schedule, indicating this is routine compensation-related activity rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Abreu Joao Alberto Fernandez de
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Restricted Shares | 168.672 | $0.00 | -- |
| Conversion | Common shares | 168.672 | $47.53 | $8K |
| holding | Restricted Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Shares — 232,482.328 shares (Direct);
Common shares — 168,840.672 shares (Direct)
Footnotes (1)
- 2 years vesting The transaction represents the conversion of previously reported restricted shares into common stock on a one-for-one basis. The price reported reflects the reference price at the time of book-entry delivery and does not represent a purchase by the reporting person. .
Key Figures
Restricted shares converted: 168.672 shares
Reference price per common share: $47.53 per share
Common shares held after transaction: 168,840.672 shares
+2 more
5 metrics
Restricted shares converted
168.672 shares
Converted into common shares on April 17, 2026
Reference price per common share
$47.53 per share
Book-entry reference price for converted common shares
Common shares held after transaction
168,840.672 shares
Direct holdings after conversion on April 17, 2026
Restricted shares held after transaction
232,651 shares
Direct restricted share holdings after reported activity
Vesting period
2 years
Footnote states restricted shares have two-year vesting
Key Terms
Restricted Shares, Conversion of derivative security, book-entry delivery, vesting
4 terms
Conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
book-entry delivery financial
"reflects the reference price at the time of book-entry delivery and does not represent a purchase"
vesting financial
"2 years vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Suzano (SUZ) CEO Joao Abreu report in this Form 4?
He reported a conversion of restricted shares into common stock, not an open-market trade. On April 17, 2026, 168.672 restricted shares became common shares at a reference price of $47.53 per share via book-entry.
Does the reference price of $47.53 mean the Suzano (SUZ) CEO paid that amount?
No, the filing explains the $47.53 reference price does not represent a purchase by the CEO. It reflects the value used at the time of book-entry delivery when restricted shares converted into common stock.