Ultrapar (NYSE: UGP) Hidrovias CEO discloses 1.16M restricted shares

Rhea-AI Filing Summary

Ultrapar Holdings Inc. executive Amaral Decio de Sampaio, CEO of Hidrovias, reported his initial equity position as a company insider. He holds restricted shares representing a contingent right to receive 1,158,722 common shares, which vest from April 20, 2026 until October 1, 2034, plus 127,902 directly held common shares. This filing records existing holdings and does not show any new share purchases or sales.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Amaral Decio de Sampaio

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, NO. 1343

7TH FLOOR

(Street)

SAO PAULO SP 01317 910

(City) (State) (Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/24/2026

3. Issuer Name and Ticker or Trading Symbol
ULTRAPAR HOLDINGS INC [ UGP ]

3a. Foreign Trading Symbol
[UGPA3]

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO - Hidrovias

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	127,902	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Shares	(1)	(1)	Common Shares	1,158,722	(2)	D

Explanation of Responses:

1. Includes restricted shares that vest from April 20, 2026 until October 1, 2034.

2. Each restricted share represents a contingent right to receive one common share.

Remarks:

Exhibit 24.1 - Power of Attorney Officer Title: CEO - Hidrovias

	/s/ Larissa Lordaro Pessoa, attorney-in-fact for Decio de Sampaio Amaral	03/24/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What insider holdings did Ultrapar (UGP) executive Amaral Decio de Sampaio report?

He reported existing holdings, including restricted shares tied to 1,158,722 common shares and 127,902 directly held common shares. The filing is an initial ownership report and does not reflect new share purchases or sales.

How many restricted shares tied to common stock does the Ultrapar (UGP) CEO of Hidrovias hold?

He holds restricted shares representing a contingent right to receive 1,158,722 Ultrapar common shares. These awards function as long-term equity incentives and convert into common shares as they vest over the disclosed schedule.

Over what period do Amaral Decio de Sampaio’s Ultrapar (UGP) restricted shares vest?

The restricted shares vest from April 20, 2026 until October 1, 2034. This long vesting window is designed to align the executive’s incentives with company performance over many years rather than short-term movements.

What does each Ultrapar (UGP) restricted share reported in this Form 3 represent?

Each restricted share represents a contingent right to receive one Ultrapar common share. The rights only convert into common stock as vesting conditions are met over time, so they are not yet equivalent to fully tradable shares.

Did the Ultrapar (UGP) Form 3 show any insider buying or selling activity?

No, the Form 3 records existing holdings only and shows no insider buying or selling. It lists restricted share awards and directly held common shares as of the report date, serving as a baseline ownership disclosure.