Welcome to our dedicated page for Suzano S.A. SEC filings (Ticker: SUZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Suzano S.A.'s SEC filings document its status as a Brazilian foreign private issuer with American depositary shares listed on the NYSE and ordinary shares traded on B3. Annual Form 20-F reporting and Form 6-K current reports cover consolidated pulp, paper and packaging results, IFRS financial statements, operating metrics, debt, leverage, cash generation and risk disclosures for an integrated forestry-based producer.
The filing record also includes bylaws, board and shareholder meeting minutes, dividend notices, financing disclosures involving rural product notes and debentures, and governance materials tied to the company's authorized-capital structure and Novo Mercado listing obligations. These documents provide formal disclosure on capital structure, shareholder approvals, corporate governance and material operating updates.
Suzano S.A. is calling an all-digital annual and extraordinary general meeting for April 23, 2026 to approve 2025 accounts, a dividend allocation, board elections, bylaw changes and 2026 compensation.
For 2025, Suzano reports net profit of BRL 13.44 billion, reversing a prior-year loss of BRL 7.04 billion, driven mainly by positive financial income of BRL 9.76 billion from exchange-rate movements and derivatives, despite lower pulp prices and higher costs. Net revenue rose to BRL 50.12 billion, with pulp contributing BRL 37.82 billion and paper BRL 12.30 billion. Adjusted EBITDA reached BRL 21.74 billion and net equity increased to BRL 43.95 billion, while net debt declined to BRL 69.37 billion, or 3.2x net debt/adjusted EBITDA in dollars.
Management proposes total 2025 dividends of BRL 1.39 billion, largely covered by interim dividends already paid, plus a small additional dividend by year-end 2026. The agenda also includes expanding the corporate purpose to include basalt and other mineral activities, updating share capital to reflect a BRL 5.0 billion capital increase without new shares, confirming nine directors (four deemed independent), and approving up to BRL 136.28 million in 2026 pay for management and any Fiscal Council, about 23% below the prior year’s proposed cap.
Suzano S.A. director David Feffer filed an initial ownership report detailing his equity stake. He reports holdings of Performance Restricted Shares that represent 130,394, 115,411 and 131,590 common shares from grants made on 01/02/2024, 01/02/2025 and 01/02/2026, vesting in 2027, 2028 and 2029, respectively, subject to performance conditions. He also reports direct ownership of 53,522,870 common shares and indirect ownership of 367,612,329 common shares held by Suzano Holding S.A., over which he has shared voting and dispositive power. The filing shows existing holdings and does not record any new buy or sell transactions.
Suzano S.A. director Daniel Feffer has filed an initial ownership report showing a very large stake in the company’s common shares. He reports indirect ownership of 367,612,329 common shares held by Suzano Holding S.A., over which he has shared voting and dispositive power. He also reports direct ownership of 48,077,305 common shares in his own name. The filing does not reflect new buying or selling activity but establishes his existing positions and control structure.
Suzano S.A. executive Maria Luiza de Oliveira Pinto, VP of Sustainability, Communication & Brand, filed an initial ownership report showing equity-based compensation awards. She holds performance phantom shares referenced to common shares and performance restricted shares, both recorded as direct ownership.
The filing lists 18,107 performance phantom shares tied to Suzano common shares and 89,270 performance restricted shares. According to the notes, cash-settled performance phantom shares were granted on 04/01/2025 and vest on 04/01/2028, with payout linked to Total Shareholder Return between 75% and 125% versus Brazilian industry peers.
Suzano S.A. board member Walter Schalka filed an initial ownership report showing his equity position in the company. He reports holding 5,433,836 common shares and 121,351 restricted shares. The restricted shares have a vesting period of three years, indicating a long-term incentive structure.
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.
Suzano S.A. executive Fabio Almeida de Oliveira, VP of Paper and Packaging, filed an initial ownership report detailing equity-based awards linked to Suzano common shares. The filing lists Performance Phantom Shares referencing 20,767, 30,177 and 49,807 underlying common shares, plus Phantom Shares referencing 4,494, 13,962, 4,494, 11,424, 6,653 and 4,231 underlying common shares. It also shows 118,679 Performance Restricted Shares held directly. Footnotes explain that the phantom shares are cash-settled awards whose value is tied to one Suzano common share each, granted on various dates and vesting between 2026 and 2028, subject to performance and other conditions, including a total shareholder return multiplier ranging from 75% to 125% for certain performance phantom grants.
Suzano S.A. executive Marcos Moreno Chagas, VP of Finance and Investor Relations, filed an initial ownership report showing compensation-linked equity interests. He reports 47,471 Performance Restricted Shares and multiple grants of Phantom Shares and Performance Phantom Shares that reference Suzano common shares and are cash settled upon vesting, subject to performance and service conditions.
Suzano S.A. executive Grimaldi Leonardo Barreto de Araujo, VP of Pulp Commercial and Logistics, has filed an initial ownership report. He holds 2,740 common shares directly, plus 197,798 Performance Restricted Shares and several blocks of phantom and performance phantom shares referenced to Suzano common shares.
The phantom and performance phantom shares are cash-settled awards that track the price of one Suzano common share each and vest on future dates, such as 03/01/2026, 03/01/2027, 03/01/2028, and 04/01/2028, subject to performance and other conditions. Some performance phantom awards can deliver additional value based on Total Shareholder Return, which may vary between 75% and 125% depending on Suzano’s share performance versus Brazilian industry peers.
Suzano S.A. executive Lazaretti Douglas Seibert filed an initial Form 3, detailing his incentive-based holdings tied to the company’s common shares. As Executive VP of Forestry, he reports several awards of Phantom Shares, Performance Phantom Shares, and Performance Restricted Shares, all held directly.
The filing shows multiple tranches of Phantom and Performance Phantom Shares, each referencing Suzano common shares and carrying a cash value when they vest. Footnotes explain that the phantom awards are cash settled, with the price of each phantom share referenced to one Suzano common share and subject to vesting conditions between 2026 and 2028.
For the performance-linked phantom awards, additional common shares may be deliverable upon vesting based on Total Shareholder Return. The share price at redemption is multiplied by a TSR factor ranging from 75% to 125%, depending on how Suzano’s SUZB3 shares perform relative to industry peers in Brazil.