Ultrapar (UGP) director Lutz reports 8.7M restricted shares and common stock
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ultrapar Holdings Inc. director Marcos M Lutz filed an initial ownership report showing a significant equity position. He directly holds restricted shares linked to 8,673,749 common shares, which vest from April 20, 2026 through September 20, 2033. Each restricted share represents a contingent right to receive one common share. He also directly owns 2,122 common shares and indirectly owns 3,604 common shares through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lutz Marcos M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Shares — 8,673,749 shares (Direct);
Common Shares — 2,122 shares (Direct);
Common Shares — 3,604 shares (Indirect, By Spouse)
Footnotes (1)
- Includes restricted shares that vest from April 20, 2026 until September 20, 2033. Each restricted share represents a contingent right to receive one common share.
FAQ
What does the Form 3 filing by Marcos M Lutz for UGP show?
The Form 3 shows director Marcos M Lutz’s initial ownership in Ultrapar Holdings Inc (UGP). It reports large restricted share holdings convertible into common shares, plus smaller direct and indirect common share positions, establishing his equity stake at the time of becoming a reporting insider.
Does the UGP Form 3 show any recent insider buying or selling by Marcos M Lutz?
No recent buying or selling is indicated. The entries are classified as holdings, with no transaction codes for purchases or sales. The filing simply establishes his existing direct, indirect, and restricted share positions as he becomes a reporting insider for Ultrap ar Holdings.