Ultrapar (NYSE: UGP) executive gains 149,326 shares via award

Rhea-AI Filing Summary

ULTRAPAR HOLDINGS INC executive Linden Leonardo Remiao, CEO of Ipiranga, received a grant of 149,326 common shares on April 20, 2026 at no cost as part of long-term incentive compensation. The same number of restricted shares were returned to the issuer upon vesting, reflecting settlement of previously awarded equity rather than an open-market trade.

After these transactions, Remiao directly holds 317,135 common shares and 1,330,168 restricted shares, where each restricted share represents a contingent right to receive one common share, in line with the incentive plan approved at the 2023 Annual General Meeting.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Linden Leonardo Remiao

Role CEO Ipiranga

Type	Security	Shares	Price	Value
Disposition	Restricted Shares	149,326	$0.00	--
Grant/Award	Common Shares	149,326	$0.00	--

Holdings After Transaction: Restricted Shares — 1,330,168 shares (Direct, null); Common Shares — 317,135 shares (Direct, null)

Footnotes (1)

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 granted: 149,326 shares Common shares after grant: 317,135 shares Restricted shares disposed: 149,326 shares +2 more

5 metrics

Common shares granted 149,326 shares Equity award on April 20, 2026 at $0.00 per share

Common shares after grant 317,135 shares Direct common share holdings following the transaction

Restricted shares disposed 149,326 shares Restricted shares returned to issuer upon vesting

Restricted shares remaining 1,330,168 shares Direct restricted share holdings following the transaction

Grant price $0.00 per share Equity award issued at no cash cost to insider

Key Terms

restricted share, contingent right, long-term incentive plan, Annual General Meeting

4 terms

restricted share financial

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

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.

Annual General Meeting financial

"approved by the Company's shareholders at the 2023 Annual General Meeting."

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^*

Linden Leonardo Remiao

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, NO. 1343

4TH 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)
	CEO Ipiranga

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		149,326	A	$0(3)	317,135	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			149,326	(2)	(2)	Common Shares	149,326	$0(3)	1,330,168	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)

FAQ

What insider transaction did UGP executive Linden Leonardo Remiao report?

Linden Leonardo Remiao reported equity compensation vesting, receiving 149,326 Ultrapar common shares at no cost while an equal number of restricted shares were canceled. This reflects routine settlement of a long-term incentive award rather than an open-market share purchase or sale.

How many Ultrapar (UGP) shares does Linden Leonardo Remiao hold after this Form 4?

After the reported transactions, Linden Leonardo Remiao directly holds 317,135 Ultrapar common shares and 1,330,168 restricted shares. Each restricted share represents a contingent right to receive one common share under the company’s long-term incentive compensation plan.

Were the UGP Form 4 transactions open-market buys or sells?

The Form 4 shows no open-market buys or sells. Instead, it records a grant of 149,326 common shares at zero price and a matching disposition of restricted shares back to the issuer upon vesting, reflecting compensation settlement activity only.

What is the significance of the 149,326 restricted shares for Ultrapar (UGP)?

The 149,326 restricted shares represented a contingent right to receive an equal number of Ultrapar common shares. They vested on April 20, 2026, converting into common shares while the restricted share units were canceled as part of the vesting process.

What plan governs the vested shares in this Ultrapar (UGP) Form 4?

The vested shares were issued under Ultrapar’s long-term incentive plan approved by shareholders at the 2023 Annual General Meeting. This plan provides equity-based compensation, where restricted shares convert into common shares when vesting conditions are met.