TIM S.A. (NYSE: TIMB) grants 2,617 performance-based common shares

Rhea-AI Filing Summary

Oliveira Ana Cristina Menezes reported acquisition or exercise transactions in this Form 4 filing.

TIM S.A. reported that officer Ana Cristina Menezes Oliveira received a grant of 2,617 Common Shares as equity compensation, following the Board of Directors’ certification of performance for portions of performance shares granted in 2024. The award, including accrued dividend equivalent units, vests 10%, 20% and 70% on the first three anniversaries of the 2024 grant date, subject to her continued service. After this grant, she directly holds 3,858 Common Shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Oliveira Ana Cristina Menezes

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	2,617	$0.00	--

Holdings After Transaction: Common Shares — 3,858 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 2,617 Common Shares Post-transaction holdings: 3,858 Common Shares Grant price per share: $0.0000 per share +3 more

6 metrics

Shares granted 2,617 Common Shares Equity award earned from 2024 performance shares

Post-transaction holdings 3,858 Common Shares Direct ownership after the grant

Grant price per share $0.0000 per share Equity compensation, not market purchase

First vesting tranche 10% of shares Vests on first anniversary of 2024 grant

Second vesting tranche 20% of shares Vests on second anniversary of 2024 grant

Third vesting tranche 70% of shares Vests on third anniversary of 2024 grant

Key Terms

performance shares, dividend equivalent units, vesting, Board of Director's certification

4 terms

performance shares financial

"performance for portions of the performance shares granted in 2024"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

dividend equivalent units financial

"including any accrued dividend equivalent units), as a result of the Issuer's Board"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

vesting financial

"These shares vest 10%, 20% and 70% on the first three anniversaries"

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.

Board of Director's certification financial

"as a result of the Issuer's Board of Director's certification to the achievement of performance"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Oliveira Ana Cristina Menezes

(Last) (First) (Middle)

JOAO CABRAL DE MELO NETO AVENUE

850 - SOUTH TOWER - 12TH FLOOR

(Street)

RIO DE JANEIRO BRAZIL 22775-057

(City) (State) (Zip)

BRAZIL

(Country)

2. Issuer Name and Ticker or Trading Symbol
TIM S.A. [ TIMB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol
[TIMS3]

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	05/05/2026		A		2,617(1)	A	$0	3,858	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Issuer's Board of Director's certification to the achievement of performance for portions of the performance shares granted in 2024. These shares vest 10%, 20% and 70% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.

Remarks:

Officer Title: VP of Customer Experience & Ombudsman

	/s/ Pedro Yagelovic Bravin Arantes, attorney-in-fact	05/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TIMB report for Ana Cristina Menezes Oliveira?

TIM S.A. reported that officer Ana Cristina Menezes Oliveira received a grant of 2,617 Common Shares as equity compensation. The award results from certified performance on 2024 performance shares and is not an open-market purchase or sale of stock.

How many TIMB shares were granted and what are her total holdings now?

She was granted 2,617 Common Shares of TIM S.A. as a performance-based award. Following this grant, she directly holds a total of 3,858 Common Shares, reflecting her updated ownership position after the equity compensation transaction.

How do the new TIMB shares for Ana Cristina Menezes Oliveira vest over time?

The granted TIM S.A. shares vest in three stages: 10%, 20% and 70% on the first, second and third anniversaries of the 2024 grant date. Vesting is contingent on her continued service through each respective vesting date.

What performance criteria triggered the 2,617 TIMB share grant?

The 2,617-share grant reflects the issuer’s Board of Directors certifying achievement of performance for portions of performance shares granted in 2024. That certification, plus accrued dividend equivalent units, determined the number of Common Shares ultimately earned by the officer.

Does the TIMB Form 4 indicate any open-market buying or selling by the officer?

The Form 4 shows a grant classified as a “Grant, award, or other acquisition,” with a per-share price of $0.0000. It reflects equity compensation, not an open-market purchase or sale, and therefore does not represent a trading decision in the public market.

What are dividend equivalent units mentioned in the TIMB share award footnote?

Dividend equivalent units are additional units credited to match dividends that would have been paid on underlying performance shares. In this case, they are included in calculating the 2,617 Common Shares ultimately earned, increasing the award relative to performance alone.