Ultrapar (NYSE: UGP) director lists ADS, common and restricted shares

Rhea-AI Filing Summary

ULTRAPAR HOLDINGS INC director Francisco Sa Neto filed an initial ownership report showing his equity position in the company. He directly holds 46,696 common shares and 1,330,180 American Depositary Shares (ADS), which are described as a derivative security convertible into common shares.

He also holds 24,796 restricted shares, each representing a contingent right to receive one common share, with these restricted shares scheduled to vest on April 3, 2027. This filing records existing holdings and does not report any new 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^*

Sa Neto Francisco

(Last) (First) (Middle)

ONE PPG PLACE

(Street)

PITTSBURGH PENNSYLVANIA 15222

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/25/2026

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)

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

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	46,696	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	24,796	(2)	D
American Depositary Shares	(3)	(3)	Derivative security	1,330,180	(3)	D

Explanation of Responses:

1. Includes restricted shares that vest on April 03, 2027.

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

3. ADS - Derivative security convertible into common shares

	Larissa Lordaro Pessoa (power of attorney)	03/25/2026
	** 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 does Ultrapar (UGP) director Francisco Sa Neto report on this Form 3?

He reports his existing equity holdings in Ultrapar. These include common shares, American Depositary Shares (ADS), and restricted shares that convert into common shares, establishing his baseline ownership as a company director.

How many Ultrapar (UGP) common shares does Francisco Sa Neto directly own?

He directly owns 46,696 common shares of Ultrapar. This position is reported as of the Form 3 filing date and serves as a reference point for any future insider trading disclosures.

What restricted share holdings does Francisco Sa Neto report in Ultrapar (UGP)?

He reports 24,796 restricted shares, each representing a contingent right to receive one common share. These restricted shares are scheduled to vest on April 3, 2027, aligning his compensation with the company’s long-term performance.

How many Ultrapar (UGP) American Depositary Shares does Francisco Sa Neto hold?

He holds 1,330,180 American Depositary Shares (ADS). The filing notes that the ADS are a derivative security convertible into common shares, giving him additional exposure to Ultrapar’s equity beyond his direct common share holdings.

Does this Ultrapar (UGP) Form 3 show any insider buying or selling activity?

No, it does not show buying or selling. The Form 3 simply records Francisco Sa Neto’s existing positions in common shares, ADS, and restricted shares, serving as his initial ownership baseline as a reporting insider.