Ultrapar (NYSE: UGP) officer granted 8,760 restricted shares vesting by 2029

Rhea-AI Filing Summary

de Souza Fernanda Teves reported acquisition or exercise transactions in this Form 4 filing.

Ultrapar Holdings Inc. reported that Risk, Integrity & Audit Officer Fernanda Teves de Souza received a grant of 8,760 restricted shares on April 24, 2026. Each restricted share represents a contingent right to receive one common share and will vest through April 24, 2029.

Following this compensation-related award, her direct ownership increased to 146,484 common shares. The filing reflects a routine equity grant rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider de Souza Fernanda Teves

Role Risk, Integrity & Audit Offic.

Type	Security	Shares	Price	Value
Grant/Award	Restricted Shares	8,760	$0.00	--

Holdings After Transaction: Restricted Shares — 146,484 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: 8,760 shares Ownership after transaction: 146,484 shares Vesting deadline: April 24, 2029 +2 more

5 metrics

Restricted shares granted 8,760 shares Grant on April 24, 2026

Ownership after transaction 146,484 shares Common shares held directly after grant

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

Conversion ratio 1:1 Each restricted share to one common share

Grant price $0.00 per share Compensation award, no cash paid

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^*

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. 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)
	Risk, Integrity & Audit Offic.

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		8,760		(2)	(2)	Common Shares	8,760	$0	146,484	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 UGP report for Fernanda Teves de Souza?

Ultrapar Holdings Inc. reported that Risk, Integrity & Audit Officer Fernanda Teves de Souza received 8,760 restricted shares as an equity award. These restricted shares convert into common shares upon vesting, increasing her direct ownership stake in the company as part of compensation.

Are the 8,760 UGP restricted shares an open-market purchase or sale?

The 8,760 restricted shares are a grant, not an open-market trade. They were awarded as compensation with a price per share of zero, meaning no cash changed hands, and they represent a contingent right to receive common shares after vesting.

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

The filing states the restricted shares vest until April 24, 2029. This means the award is subject to a multi‑year vesting schedule, and common shares are delivered over time as vesting conditions are satisfied, aligning compensation with longer-term performance.

How many UGP shares does Fernanda Teves de Souza hold after this grant?

After receiving the 8,760 restricted shares, Fernanda Teves de Souza holds 146,484 common shares directly. This total reflects her position following the reported grant and shows the scale of her equity exposure as a company officer after the award.

What does each UGP restricted share represent according to the filing?

Each restricted share represents a contingent right to receive one common share of Ultrapar Holdings Inc. This means the holder does not immediately own common stock; instead, common shares are delivered once vesting conditions are met, subject to the specified vesting schedule through April 24, 2029.