Ultrapar CEO granted 68,445 restricted shares

Pizzinatto Rodrigo de Almeida reported acquisition or exercise transactions in this Form 4 filing.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Pizzinatto Rodrigo de Almeida reported acquisition or exercise transactions in this Form 4 filing.

Ultrapar Holdings Inc. Chief Executive Officer Rodrigo de Almeida Pizzinatto received a grant of 68,445 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.

After this award, he directly holds 1,885,179 shares, showing his compensation includes a significant long-term equity component tied to the company’s future performance and continued service.

Insider Trade Summary

Grant/Award: 68,445 shares

Grant/Award 1 txn

Insider Pizzinatto Rodrigo de Almeida

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Shares	68,445	$0.00	$0.00

Holdings After Transaction: Restricted Shares — 1,885,179 contracts (Direct)

Footnotes (2)

F1. Each restricted share represents a contingent right to receive one common share.
F2. Restricted shares that vest until April 24, 2029.

Key Figures

Restricted shares granted: 68,445 shares Total shares after transaction: 1,885,179 shares Vesting end date: April 24, 2029 +1 more

4 metrics

Restricted shares granted 68,445 shares Grant on April 24, 2026

Total shares after transaction 1,885,179 shares Direct holdings following award

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

Restricted share ratio 1:1 Each restricted share equals one common share

Key Terms

Restricted Shares, contingent right, vest, Common Shares

4 terms

Restricted Shares financial

"The security title for the award is listed as "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.

Common Shares financial

"The underlying security title is shown as "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.

FAQ

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

What insider transaction did UGP’s CEO report on this Form 4?

Ultrapar Holdings Inc. CEO Rodrigo de Almeida Pizzinatto reported receiving 68,445 restricted shares. This is a share-based compensation award, not an open-market purchase or sale, and increases his direct equity stake in the company.

How many Ultrapar (UGP) shares does the CEO hold after this grant?

Following the restricted share grant, the CEO directly holds 1,885,179 shares. This total includes the newly awarded restricted shares and reflects his ongoing equity-based alignment with Ultrapar Holdings Inc.’s long-term performance.

What do the restricted shares granted to UGP’s CEO represent?

Each restricted share granted to the CEO represents a contingent right to receive one common share. This means the shares convert into common stock only after vesting conditions are satisfied over the specified period.

When do the Ultrapar (UGP) CEO’s restricted shares vest?

The restricted shares granted to the CEO vest through April 24, 2029. Vesting over several years is designed to encourage long-term commitment and align executive incentives with the company’s sustained performance.

Was the UGP CEO’s Form 4 transaction a market buy or sell?

No, the Form 4 does not show a market buy or sell. It reports an acquisition of 68,445 restricted shares as a grant or award, reflecting compensation rather than trading activity in the open market.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 04/28/2026 - 02:09 PM EDT

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^*

Pizzinatto Rodrigo de Almeida

(Last)

(First)

(Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, NO. 1343

9TH 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)
	Chief Executive Officer

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)
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⁾	04/24/2026		A		68,445		⁽²⁾	⁽²⁾	Common Shares	68,445	$0	1,885,179	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)

Source: View Original Filing on SEC EDGAR