ULTRAPAR (UGP) executive discloses common and restricted share holdings

Rhea-AI Filing Summary

ULTRAPAR HOLDINGS INC executive Hachem Andre Saleme, CFO and IRO of Hidrovias, reported his initial holdings. He directly holds 25,185 common shares and restricted shares linked to 137,529 common shares. These restricted shares vest gradually from April 20, 2026 through September 20, 2033, with each restricted share representing a contingent right to receive one common share.

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^*

Hachem Andre Saleme

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, 1343

7TH FLOOR

(Street)

SAO PAULO SP 01317 910

(City) (State) (Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

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)
	CFO and IRO - 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	25,185	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	137,529	(2)	D

Explanation of Responses:

1. Includes restricted shares that vest from April 20, 2026 until September 20, 2033.

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

Remarks:

Exhibit 24.1 - Power of Attorney Officer Title: CFO and IRO - Hidrovias

	/s/ Larissa Lordaro Pessoa, attorney-in-fact for Andre Saleme Hachem	03/18/2026
	** 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.
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* Form 3: SEC 1473 (03-26)

FAQ

What insider position did Hachem Andre Saleme report at ULTRAPAR HOLDINGS INC (UGP)?

Hachem Andre Saleme reported direct ownership of 25,185 common shares of ULTRAPAR HOLDINGS INC. He also reported restricted shares tied to 137,529 underlying common shares, providing a clear view of his initial equity stake as a senior executive.

What are the restricted shares reported by Hachem Andre Saleme in UGP’s Form 3?

The filing lists restricted shares representing contingent rights to receive 137,529 common shares. Each restricted share equals one common share upon vesting, giving the executive a significant potential future equity position in ULTRAPAR HOLDINGS INC as the awards vest over time.

Over what period do Hachem Andre Saleme’s restricted shares in UGP vest?

The restricted shares vest from April 20, 2026 until September 20, 2033. This long-term vesting schedule ties the executive’s potential ownership to multi‑year performance and retention with ULTRAPAR HOLDINGS INC, aligning equity incentives with an extended time horizon.

Does the UGP Form 3 for Hachem Andre Saleme show any recent share purchases or sales?

The Form 3 does not show recent purchases or sales; it records holdings. Transactions are coded as holdings with unknown transaction codes, reflecting that this filing primarily establishes Hachem Andre Saleme’s existing positions rather than reporting new market activity.

How many common shares underlie the restricted shares reported by Hachem Andre Saleme at UGP?

The restricted shares are linked to 137,529 underlying common shares. According to the filing, each restricted share represents a contingent right to receive one common share, making that figure the potential future number of ULTRAPAR HOLDINGS INC common shares from these awards.