Restricted share grant lifts Ultrapar Holdings (UGP) executive holdings

Rhea-AI Filing Summary

Zaia Andre Gustavo reported acquisition or exercise transactions in this Form 4 filing.

Ultrapar Holdings Inc. reported that Andre Gustavo Zaia, Financial Officer of Ultracargo, received a grant of 8,253 restricted shares. Each restricted share represents a contingent right to receive one common share and will vest until April 24, 2029. Following this award, Zaia reports direct holdings of 28,822 restricted shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zaia Andre Gustavo

Role Financial Officer Ultracargo

Type	Security	Shares	Price	Value
Grant/Award	Restricted Shares	8,253	$0.00	--

Holdings After Transaction: Restricted Shares — 28,822 shares (Direct, null)

Footnotes (1)

1. Each restricted share represents a contingent right to receive one common share. Restricted shares that vest until April 24, 2029.

Key Figures

Restricted shares granted: 8,253 shares Total restricted shares after grant: 28,822 shares Vesting date: April 24, 2029 +1 more

4 metrics

Restricted shares granted 8,253 shares Grant to Andre Gustavo Zaia on April 24, 2026

Total restricted shares after grant 28,822 shares Direct holdings following the reported transaction

Vesting date April 24, 2029 Restricted shares vest until this date

Restricted share to common share ratio 1:1 Each restricted share equals one common share upon vesting

Key Terms

Restricted Shares, contingent right, vest, Common Shares

4 terms

Restricted Shares financial

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

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

contingent right financial

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

vest financial

"Restricted shares that vest until April 24, 2029."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Common Shares financial

"underlying_security_title: Common Shares"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zaia Andre Gustavo

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, 1343

10TH FLOOR

(Street)

SAO PAULO SP 01317 910

(City) (State) (Zip)

BRAZIL

(Country)

2. Issuer Name and Ticker or Trading Symbol
ULTRAPAR HOLDINGS INC [ UGP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol
[UGPA3]

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Shares	(1)	04/24/2026		A		8,253		(2)	(2)	Common Shares	8,253	$0	28,822	D

Explanation of Responses:

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

2. Restricted shares that vest until April 24, 2029.

	/s/ Larissa Lordaro Pessoa, attorney-in-fact for	04/28/2026
	** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did Ultrapar Holdings (UGP) report for Andre Gustavo Zaia?

Ultrapar Holdings reported that Andre Gustavo Zaia received a grant of 8,253 restricted shares. These shares are a form of equity compensation and increase his direct reported holdings to 28,822 restricted shares following the transaction on April 24, 2026.

How many restricted shares were granted to the Ultrapar Holdings executive?

The executive received 8,253 restricted shares as a grant or award acquisition. This award is recorded at a price of zero per share and represents additional equity-based compensation linked to future vesting and conversion into common shares.

When do Andre Gustavo Zaia’s restricted shares at Ultrapar Holdings vest?

The restricted shares granted to Andre Gustavo Zaia vest until April 24, 2029. Vesting means he must remain eligible through that period before the restricted shares convert into common shares that he can fully own and control.

What does each restricted share granted by Ultrapar Holdings represent?

Each restricted share represents a contingent right to receive one common share of Ultrapar Holdings. This means that, once vesting conditions are met, every restricted share can convert into one ordinary common share for the executive.

What are Andre Gustavo Zaia’s reported holdings after this Ultrapar Holdings Form 4 transaction?

After the grant of 8,253 restricted shares, Andre Gustavo Zaia reports direct ownership of 28,822 restricted shares. This total reflects his updated position in these equity awards following the April 24, 2026 grant transaction.