Ultrapar (NYSE: UGP) CEO gets 134,638 shares from incentive vesting
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
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 | -- |
| Grant/Award | Common Shares | 134,638 | $0.00 | -- |
Holdings After Transaction:
Restricted Shares — 1,816,734 shares (Direct, null);
Common Shares — 658,714 shares (Direct, null)
Footnotes (1)
- Each restricted share represents a contingent right to receive one common share. Restricted shares vested on April 20, 2026. 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
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
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.