Ultrapar CEO receives 134,638 vested shares

Ultrapar Holdings Inc. Chief Executive Officer Rodrigo de Almeida Pizzinatto reported equity compensation changes tied to the company’s long-term incentive plan.

Rhea-AI Filing Summary

Ultrapar Holdings Inc. Chief Executive Officer Rodrigo de Almeida Pizzinatto reported equity compensation changes tied to the company’s long-term incentive plan. On April 20, 2026, he acquired 134,638 common shares at no cost through the vesting of an equal number of restricted shares, each representing a contingent right to one common share.

The same 134,638 restricted shares were disposed of to the issuer in connection with the vesting. Following these transactions, he directly holds 658,714 common shares and 1,816,734 restricted shares. The vesting occurred under the long-term incentive plan approved by shareholders at the 2023 Annual General Meeting.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Pizzinatto Rodrigo de Almeida

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Disposition	Restricted Shares	134,638	$0.00	$0.00
Grant/Award	Common Shares	134,638	$0.00	$0.00

Holdings After Transaction: Restricted Shares — 1,816,734 contracts (Direct); Common Shares — 658,714 shares (Direct)

Footnotes (3)

1. F1. Each restricted share represents a contingent right to receive one common share.
2. F2. Restricted shares vested on April 20, 2026.
3. F3. Reported shares vested in accordance with the long-term incentive plan approved by the Company's shareholders at the 2023 Annual General Meeting.

Key Figures

Common shares acquired: 134,638 shares Common shares after transaction: 658,714 shares Restricted shares disposed: 134,638 shares +4 more

7 metrics

Common shares acquired 134,638 shares Award/vesting on April 20, 2026

Common shares after transaction 658,714 shares Direct holdings following Form 4 transactions

Restricted shares disposed 134,638 shares Disposition to issuer tied to vesting event

Restricted shares after transaction 1,816,734 shares Direct restricted-share holdings following disposition

Award price per share $0.00 per share Reported transaction price for common share award

Vesting date April 20, 2026 Date restricted shares vested into common shares

Plan approval meeting 2023 Annual General Meeting Shareholders approved long-term incentive plan

Key Terms

Restricted shares, contingent right, long-term incentive plan, Disposition to issuer

4 terms

Restricted shares financial

"Restricted shares vested on April 20, 2026."

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."

long-term incentive plan financial

"Reported shares vested in accordance with the long-term incentive plan approved by the Company's shareholders at the 2023 Annual General Meeting."

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

FAQ

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

What insider transactions did Ultrapar (UGP) report for its CEO?

Ultrapar’s CEO reported equity compensation changes, acquiring 134,638 common shares at no cost as restricted shares vested, and disposing of the same number of restricted shares to the issuer in connection with that vesting event.

How many Ultrapar (UGP) shares does the CEO hold after this Form 4?

After these transactions, the CEO directly holds 658,714 common shares of Ultrapar and 1,816,734 restricted shares. These figures come from the post-transaction ownership amounts reported in the Form 4 filing.

What is the size of the Ultrapar (UGP) CEO’s latest share award?

The latest award involves 134,638 common shares received at a reported price of $0.00 per share. This award reflects the vesting of an equal number of restricted shares granted under Ultrapar’s long-term incentive plan.

How do Ultrapar (UGP) restricted shares work in this Form 4?

Each Ultrapar restricted share represents a contingent right to receive one common share. In this filing, 134,638 restricted shares vested into common shares, and those restricted shares were then reported as disposed of to the issuer.

When did the Ultrapar (UGP) CEO’s restricted shares vest?

The filing states that the restricted shares vested on April 20, 2026. The vesting followed the terms of Ultrapar’s long-term incentive plan, which shareholders approved at the company’s 2023 Annual General Meeting.

What plan governs the Ultrapar (UGP) CEO’s share vesting?

The CEO’s vesting is governed by Ultrapar’s long-term incentive plan. Footnotes explain that the reported shares vested in line with this plan, which shareholders approved at the company’s 2023 Annual General Meeting.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/22/2026 - 03:48 PM EDT Learn about SEC filing dates

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^*

Pizzinatto Rodrigo de Almeida

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, NO. 1343

9TH 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)
	Chief Executive Officer

2a. Foreign Trading Symbol
[UGPA3]

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

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
Common Shares	04/20/2026		A		134,638	A	$0(3)	658,714	D

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)	04/20/2026		D			134,638	(2)	(2)	Common Shares	134,638	$0(3)	1,816,734	D

Explanation of Responses:

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

2. Restricted shares vested on April 20, 2026.

3. Reported shares vested in accordance with the long-term incentive plan approved by the Company's shareholders at the 2023 Annual General Meeting.

	/s/ Larissa Lordaro Pessoa, attorney-in-fact for	04/22/2026
	** 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)