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. executive Leonardo Grimaldi, VP of Pulp Commercial and Logistics, reported routine compensation-related movements in cash-settled phantom shares. On March 30, 2026, previously granted phantom shares from March 1, 2022 and March 1, 2023 vested and were disposed of back to the issuer and settled in cash based on the market price of Suzano common shares, consistent with the plan terms. On the same date, he received a new grant of 10,360 cash-settled phantom shares, vesting on March 1, 2029. Following these transactions, he held 50,017 phantom shares. These instruments are referenced to Suzano common shares but are paid in cash and do not involve trading actual common shares in the market.
Suzano S.A. executive Lazaretti Douglas Seibert reported routine compensation-related changes in cash-settled phantom shares. On March 30, 2026, two blocks of phantom shares were disposed of to the issuer as they vested and were settled in cash based on Suzano’s common share price, in line with the applicable plan terms.
On the same date, Seibert received a new grant of cash-settled phantom shares that will vest on March 1, 2029, with each phantom share’s value referenced to one Suzano common share and payable in cash at vesting. These movements do not reflect open‑market buying or selling of Suzano stock, but rather the vesting, cash settlement, and renewal of a long‑term incentive award.
Suzano S.A. VP of Pulp Operations Galhardo Aires reported compensation-related movements in cash-settled phantom shares tied to Suzano’s common share price. On March 30, 2026, previously granted phantom shares from March 1, 2022 and March 1, 2023 vested and were disposed of to the issuer and settled in cash based on the market price of Suzano common shares, in line with the applicable plan. On the same date, Aires received a new grant of phantom shares that will vest on March 1, 2029, subject to conditions, leaving him with a remaining phantom share balance reported after these transactions.
Abreu Joao Alberto Fernandez de reported acquisition or exercise transactions in this Form 4 filing.
Suzano S.A. CEO Joao Alberto Fernandez de Abreu received a grant of cash-settled 21,584 Phantom Shares on March 30, 2026. These awards vest on March 1, 2029, subject to certain conditions, and their value is tied to the market price of Suzano’s common shares and settled entirely in cash.
Suzano S.A., a Brazil-based pulp and paper producer, filed its annual report prepared under IFRS Accounting Standards. The company highlights a strong operational year in 2025, with total pulp sales volumes rising to 12.49 million tons and paper volumes to 1.71 million tons.
Net income swung to a profit of R$13,437.7 million in 2025 from a loss of R$7,044.7 million in 2024, while EBITDA was R$21,946.3 million and Adjusted EBITDA R$21,736.3 million, both slightly below 2024 levels. The report emphasizes extensive risk factors, including cyclical pulp pricing, reliance on planted forests, climate and ESG pressures, leverage, complex tax changes in Brazil, cyber and data-protection exposure, and broader Brazilian macroeconomic and FX volatility.
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.