What does each restricted share of Ultrapar Holdings (UGP) represent in this Form 4?

Each restricted share represents a contingent right to receive one common share of Ultrapar Holdings. The right becomes effective as the restricted shares vest, meaning the CEO obtains the corresponding common shares only after meeting the vesting requirements through time.

Ultrapar (UGP) Ipiranga CEO granted 43,913 restricted shares, total holdings 1.37M

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Linden Leonardo Remiao reported acquisition or exercise transactions in this Form 4 filing.

Ultrapar Holdings reported that Linden Leonardo Remiao, CEO of Ipiranga, received a grant of 43,913 restricted shares as compensation. Each restricted share represents a contingent right to receive one common share. Following this award, his direct holdings total 1,374,081 shares. The restricted shares vest over time until May 22, 2028, meaning the underlying common shares will be delivered only as vesting conditions are met.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Linden Leonardo Remiao

Role CEO Ipiranga

Type	Security	Shares	Price	Value
Grant/Award	Restricted Shares	43,913	$0.00	--

Holdings After Transaction: Restricted Shares — 1,374,081 shares (Direct, null)

Footnotes (1)

Each restricted share represents a contingent right to receive one common share. Restricted shares that vest until May 22, 2028.

Key Figures

Restricted share grant: 43,913 shares Total holdings after grant: 1,374,081 shares Vesting end date: May 22, 2028

3 metrics

Restricted share grant 43,913 shares Grant of restricted shares to CEO Ipiranga

Total holdings after grant 1,374,081 shares Direct shares held after transaction

Vesting end date May 22, 2028 Restricted shares vest until this date

Key Terms

Restricted Shares, contingent right, vest, Grant, award, or other acquisition

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 May 22, 2028."

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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/23/2026 - 10:39 AM Accepted by SEC EDGAR 06/23/2026 - 10:38 AM

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

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)
06/22/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Shares	⁽¹⁾	06/22/2026		A		43,913		⁽²⁾	⁽²⁾	Common Shares	43,913	$0	1,374,081	D

Explanation of Responses:

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

2. Restricted shares that vest until May 22, 2028.

	/s/ Larissa Lordaro Pessoa, attorney-in-fact for	06/23/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ultrapar Holdings (UGP) report for Linden Leonardo Remiao?

Ultrapar Holdings reported that Linden Leonardo Remiao, CEO of Ipiranga, received 43,913 restricted shares. These are compensation-related awards, not open-market purchases, and each restricted share is a contingent right to receive one common share if vesting conditions are satisfied.

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

After the restricted share grant, Linden Leonardo Remiao directly holds 1,374,081 shares. This total includes the newly granted 43,913 restricted shares, which represent contingent rights to receive common shares as they vest over the specified period ending in 2028.

When do the newly granted restricted shares for Ultrapar Holdings (UGP) CEO vest?

The granted restricted shares vest over time until May 22, 2028. Vesting means the CEO only receives the underlying common shares as conditions are met, typically linked to continued service or performance, rather than immediately at the grant date.

Are the Ultrapar Holdings (UGP) restricted shares granted to the CEO open-market purchases?

No, the 43,913 restricted shares granted to the CEO are not open-market purchases. They are compensation awards reported under transaction code A, representing a grant or award acquisition at a price of zero, contingent on future vesting conditions.