Ultrapar (NYSE: UGP) financial officer awarded 43,153 common shares

Rhea-AI Filing Summary

Ultrapar Holdings reported that Julio Cesar Nogueira, Financial Officer of Ultragaz, received 43,153 Common Shares on April 20, 2026 through the vesting of restricted shares under the company’s long-term incentive plan.

The filing shows a matching disposition of 43,153 Restricted Shares back to the issuer as they converted into common stock. After these transactions, Nogueira directly holds 326,486 Common Shares and 129,980 Restricted Shares, reflecting a routine compensation-related award rather than an open-market trade.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Nogueira Julio Cesar

Role Financial Officer Ultragaz

Type	Security	Shares	Price	Value
Disposition	Restricted Shares	43,153	$0.00	--
Grant/Award	Common Shares	43,153	$0.00	--

Holdings After Transaction: Restricted Shares — 129,980 shares (Direct, null); Common Shares — 326,486 shares (Direct, null)

Footnotes (1)

1. Each restricted share represents a contingent right to receive one common share. Restricted shares vested on April 20, 2026. Reported shares vested in accordance with the long-term incentive plan approved by the Company's shareholders at the 2023 Annual General Meeting.

Key Figures

Common shares acquired: 43,153 shares Restricted shares disposed to issuer: 43,153 shares Common shares held after transaction: 326,486 shares +1 more

4 metrics

Common shares acquired 43,153 shares Grant/award on April 20, 2026

Restricted shares disposed to issuer 43,153 shares Conversion of restricted shares on April 20, 2026

Common shares held after transaction 326,486 shares Direct ownership following April 20, 2026 award

Restricted shares held after transaction 129,980 shares Direct restricted share balance after April 20, 2026

Key Terms

Restricted Shares, Common Shares, long-term incentive plan, Annual General Meeting, +1 more

5 terms

Restricted Shares financial

"The filing shows a matching disposition of 43,153 Restricted Shares back to the issuer"

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.

Common Shares financial

"received 43,153 Common Shares on April 20, 2026 through the vesting"

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.

long-term incentive plan financial

"vesting of restricted shares under the company’s long-term incentive plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Annual General Meeting financial

"plan approved by the Company's shareholders at the 2023 Annual General Meeting"

Disposition to issuer financial

"transaction_code_description":"Disposition to issuer""

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^*

Nogueira Julio Cesar

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, NO. 1343

6TH 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 Ultragaz

2a. Foreign Trading Symbol
[UGPA3]

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

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
Common Shares	04/20/2026		A		43,153	A	$0(3)	326,486	D

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)	04/20/2026		D			43,153	(2)	(2)	Common Shares	43,153	$0(3)	129,980	D

Explanation of Responses:

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

2. Restricted shares vested on April 20, 2026.

3. Reported shares vested in accordance with the long-term incentive plan approved by the Company's shareholders at the 2023 Annual General Meeting.

	/s/ Larissa Lordaro Pessoa, attorney-in-fact for	04/22/2026
	** 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 did Ultrapar (UGP) disclose about Julio Cesar Nogueira’s latest equity award?

Ultrapar disclosed that Financial Officer Ultragaz, Julio Cesar Nogueira, received 43,153 Common Shares on April 20, 2026. These shares resulted from the vesting of restricted shares under the company’s long-term incentive plan approved at the 2023 Annual General Meeting.

Was the Ultrapar (UGP) Form 4 transaction a market purchase or sale?

The Form 4 reflects a compensation-related award, not a market trade. Restricted shares vested and converted into 43,153 Common Shares while an equal number of restricted shares were surrendered to the issuer, showing no open-market buying or selling activity by the officer.

How many Ultrapar (UGP) shares does Julio Cesar Nogueira hold after this Form 4?

After the reported transactions, Julio Cesar Nogueira directly holds 326,486 Common Shares and 129,980 Restricted Shares. These figures show his ongoing equity stake, combining fully vested common shares and remaining restricted shares that may vest under the company’s incentive arrangements.

What is the nature of the restricted shares reported in Ultrapar’s (UGP) filing?

Each restricted share represents a contingent right to receive one Common Share of Ultrapar. According to the filing footnotes, the reported restricted shares vested on April 20, 2026, in line with the long-term incentive plan approved by shareholders at the 2023 Annual General Meeting.

Does the Ultrapar (UGP) Form 4 suggest any change in insider sentiment?

The Form 4 describes routine vesting under a long-term incentive plan, not discretionary buying or selling. Because the activity is compensation-driven and involves no open-market trades, it provides limited insight into any change in the officer’s view of Ultrapar’s prospects.