Ultrapar director Sa Neto sells 128,700 shares

The reported post-transaction amount was 496,980 shares, alongside a separate direct derivative position of 704,500 American Depositary Shares.

Rhea-AI Filing Summary

Ultrapar Holdings Inc. director Francisco Sa Neto reported a transaction involving the sale of 128,700 American Depositary Shares held indirectly through Fig International Ltd. on October 14, 2026. The weighted average price was $7.7700 per share, with individual sale prices ranging from $7.650 to $7.815.

The reported post-transaction amount was 496,980 shares. Separately, 704,500 American Depositary Shares were listed as held directly and convertible into common shares.

Insider Trade Summary

Net Seller: 128,700 shares

Net Sell 2 txns

Insider Sa Neto Francisco

Role Director

Sold 128,700 shs ($1000K)

Type	Security	Shares	Price	Value
Sale	American Depositary Shares F1, F2, F3	128,700	$7.77	$1000K
holding	American Depositary Shares F1	--	--	--

Holdings After Transaction: American Depositary Shares — 496,980 contracts (Indirect, By Fig International Ltd.); American Depositary Shares — 704,500 contracts (Direct)

Footnotes (3)

1. F1. ADS - Derivative security convertible into common shares.
2. F2. The price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.650 to $7.815. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
3. F3. This amount includes 496,980 shares that were previously reported as directly beneficially owned.

Key Figures

American Depositary Shares sold: 128,700 shares Weighted average price: $7.7700 per share Individual sale prices: $7.650 to $7.815 per share +2 more

5 metrics

American Depositary Shares sold 128,700 shares Indirect transaction reported October 14, 2026

Weighted average price $7.7700 per share Sale reported October 14, 2026

Individual sale prices $7.650 to $7.815 per share Prices for the reported sale transactions

Post-transaction amount 496,980 shares Reported after the indirect transaction

Direct derivative position 704,500 American Depositary Shares Listed as convertible into common shares

Key Terms

American Depositary Shares, Derivative security, weighted average price, beneficially owned

4 terms

American Depositary Shares financial

"ADS - Derivative security convertible into common shares."

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

Derivative security technical

"Derivative security convertible into common shares."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

weighted average price financial

"The price reported in Column 8 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

beneficially owned financial

"previously reported as directly beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

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

How many UGP American Depositary Shares were sold, and at what price?

An indirect sale involving 128,700 American Depositary Shares through Fig International Ltd. was reported on October 14, 2026, at a weighted average price of $7.7700 per share. Individual sale prices ranged from $7.650 to $7.815. No Rule 10b5-1 plan is reported.

What UGP share positions were reported after the transaction?

The reported post-transaction amount was 496,980 shares, including shares previously reported as directly beneficially owned. Separately, 704,500 American Depositary Shares were listed as held directly and convertible into common shares.

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

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Available on EDGAR 10/16/2026 - 03:16 PM EDT Accepted by SEC EDGAR 10/16/2026 - 03:15 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^*

Sa Neto Francisco

(Last) (First) (Middle)

ONE PPG PLACE

(Street)

PITTSBURGH PENNSYLVANIA 15222

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ULTRAPAR HOLDINGS INC [ UGP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[UGPA3]

3. Date of Earliest Transaction (Month/Day/Year)
10/14/2026

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
American Depositary Shares	(1)	10/14/2026		S			128,700	(1)	(1)	Common Shares	128,700	$7.77(2)	496,980(3)	I	By Fig International Ltd.
American Depositary Shares	(1)							(1)	(1)	Common Shares	704,500		704,500	D

Explanation of Responses:

1. ADS - Derivative security convertible into common shares.

2. The price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.650 to $7.815. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

3. This amount includes 496,980 shares that were previously reported as directly beneficially owned.

	/s/ Larissa Lordaro Pessoa, attorney-in-fact for Francisco De Sa Neto	10/16/2026
	** 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)