Ultrapar Holdings (UGP) grants 9,674 restricted shares to officer

Rhea-AI Filing Summary

Rabelo Pedro Guedes reported acquisition or exercise transactions in this Form 4 filing.

ULTRAPAR HOLDINGS INC executive Pedro Guedes Rabelo, Financial Officer of Ipiranga, received a grant of 9,674 restricted shares on April 24, 2026 as compensation. Each restricted share represents a contingent right to receive one common share and vests over time until April 24, 2029. Following this award, he directly holds 158,942 restricted shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rabelo Pedro Guedes

Role Financial Officer Ipiranga

Type	Security	Shares	Price	Value
Grant/Award	Restricted Shares	9,674	$0.00	--

Holdings After Transaction: Restricted Shares — 158,942 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: 9,674 shares Total restricted shares after grant: 158,942 shares Grant price per restricted share: $0.00 per share +2 more

5 metrics

Restricted shares granted 9,674 shares Grant to Pedro Guedes Rabelo on April 24, 2026

Total restricted shares after grant 158,942 shares Direct holdings following reported transaction

Grant price per restricted share $0.00 per share Compensation award, not open-market purchase

Underlying common shares 9,674 shares Common shares underlying the restricted share grant

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

Key Terms

Restricted Shares, contingent right, vest, underlying security

4 terms

Restricted Shares financial

"security_title: "Restricted Shares""

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.

underlying security financial

"underlying_security_title: "Common Shares""

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^*

Rabelo Pedro Guedes

(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)
	Financial Officer Ipiranga

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		9,674		(2)	(2)	Common Shares	9,674	$0	158,942	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 executive Pedro Guedes Rabelo report?

Pedro Guedes Rabelo reported receiving 9,674 restricted shares as a grant. These are compensation-related shares, not bought on the open market, and increase his direct restricted share holdings to 158,942 after the transaction.

Are the 9,674 UGP restricted shares an open-market purchase or a grant?

The 9,674 restricted shares are a grant or award, not an open-market purchase. The Form 4 classifies the transaction with code A, indicating a grant or other acquisition at a price of zero per share.

What do UGP’s restricted shares granted to Rabelo represent?

Each restricted share represents a contingent right to receive one common share of ULTRAPAR HOLDINGS INC. The rights depend on vesting conditions being met before the shares convert into common shares in the future.

When do the UGP restricted shares granted to Rabelo vest?

The restricted shares granted to Rabelo vest until April 24, 2029. Vesting means he will earn the underlying common shares over this period, subject to the applicable conditions set by the company.

How many UGP restricted shares does Rabelo hold after this Form 4 transaction?

After receiving the 9,674 restricted shares, Rabelo’s direct restricted share holdings total 158,942. This figure includes the newly granted restricted shares as reported in the Form 4 filing.

What type of security underlies Rabelo’s UGP restricted share award?

The restricted share award is linked to common shares of ULTRAPAR HOLDINGS INC. The filing notes that 9,674 underlying common shares correspond to the 9,674 restricted shares granted in this compensation transaction.