Ultrapar (NYSE: UGP) Ultracargo CEO reports 38,744 restricted shares
Rhea-AI Filing Summary
ULTRAPAR HOLDINGS INC executive Tomelin Fulvius Alexandre Pereira, CEO of Ultracargo, filed an initial ownership report showing holdings of restricted shares. The filing indicates he has restricted shares corresponding to 38,744 common shares, which vest on April 03, 2028. Each restricted share represents a contingent right to receive one common share, outlining his long-term equity-based compensation alignment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tomelin Fulvius Alexandre Pereira
Role
CEO-Ultracargo
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Shares — 38,744 shares (Direct)
Footnotes (2)
- F1. Includes restricted shares that vest on April 03, 2028.
- F2. Each restricted share represents a contingent right to receive one common share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filing by UGP executive Tomelin Fulvius Alexandre Pereira show?
The Form 3 shows that Tomelin Fulvius Alexandre Pereira, CEO of Ultracargo, holds restricted shares corresponding to 38,744 common shares. These awards represent long-term equity compensation linked to ULTRAPAR HOLDINGS INC’s common stock, aligning his interests with shareholders over time.
Is the UGP Form 3 for the Ultracargo CEO a buy or sell transaction?
The Form 3 is an initial ownership report, not a buy or sell transaction. It simply discloses that the executive holds restricted shares tied to 38,744 common shares, with vesting and conversion terms described in the accompanying footnotes.