Ultrapar officer reports initial UGP share holdings

ULTRAPAR HOLDINGS INC executive Fernanda Teves de Souza, who serves as Risk, Integrity & Audit Officer, filed an initial statement of beneficial ownership.

Rhea-AI Filing Summary

ULTRAPAR HOLDINGS INC executive Fernanda Teves de Souza, who serves as Risk, Integrity & Audit Officer, filed an initial statement of beneficial ownership. She reports direct holdings of restricted shares representing rights to receive 166,493 common shares, plus 28,445 common shares held outright.

The restricted shares vest over time from April 20, 2026 until September 21, 2032, indicating a long-term equity-based compensation structure. Each restricted share corresponds to one common share, aligning her incentives with the company’s long-term performance.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider de Souza Fernanda Teves

Role Risk, Integrity & Audit Offic.

Type	Security	Shares	Price	Value
holding	Restricted Shares	--	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Restricted Shares — 166,493 contracts (Direct); Common Shares — 28,445 shares (Direct)

Footnotes (2)

1. F1. Includes restricted shares that vest from April 20, 2026 until September 21, 2032.
2. F2. Each restricted share represents a contingent right to receive one common share.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing by UGP executive Fernanda Teves de Souza show?

The Form 3 shows Fernanda Teves de Souza’s initial beneficial ownership in Ultrapar. It reports restricted shares tied to 166,493 common shares and 28,445 common shares held directly, establishing her starting equity position as a company officer.

How many Ultrapar (UGP) restricted shares does Fernanda Teves de Souza report?

She reports restricted shares corresponding to 166,493 underlying common shares. These restricted shares are part of her equity compensation and represent a contingent right to receive one common share for each restricted share as vesting conditions are met.

When do Fernanda Teves de Souza’s UGP restricted shares vest?

Her restricted shares vest gradually from April 20, 2026 until September 21, 2032. This multi-year vesting schedule spreads equity rewards over time, encouraging long-term alignment with Ultrapar’s performance and retention of the executive during the vesting period.

How many Ultrapar (UGP) common shares does Fernanda Teves de Souza hold directly?

She holds 28,445 Ultrapar common shares directly. This direct holding is separate from her restricted shares and reflects current, non-contingent ownership, complementing the longer-term equity exposure provided by her unvested restricted share awards.

What role does Fernanda Teves de Souza hold at Ultrapar (UGP)?

She serves as Ultrapar’s Risk, Integrity & Audit Officer. This leadership role focuses on overseeing risk management, corporate integrity, and audit functions, and her reported equity holdings help align her interests with Ultrapar’s long-term corporate and governance outcomes.

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

Each restricted share represents a contingent right to receive one Ultrapar common share. The shares only convert into common stock as vesting conditions are satisfied over time between April 2026 and September 2032, reinforcing long-term incentive alignment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/18/2026 - 09:45 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

de Souza Fernanda Teves

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, NO. 1343

9TH 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)
	Risk, Integrity & Audit Offic.

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	28,445	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	166,493	(2)	D

Explanation of Responses:

1. Includes restricted shares that vest from April 20, 2026 until September 21, 2032.

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

Remarks:

Exhibit 24.1 - Power of Attorney Officer Title: Risk, Integrity & Audit Offic.

	/s/ Larissa Lordaro Pessoa, attorney-in-fact for Fernanda Teves de Souza	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.
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)