Comp grant increases Ultrapar (NYSE: UGP) CEO holdings

Rhea-AI Filing Summary

ULTRAPAR HOLDINGS INC executive Decio de Sampaio Amaral, CEO Hidrovias, received a grant of 78,824 Common Shares at $0.00 per share on April 20, 2026. These shares reflect vesting of restricted shares under the long-term incentive plan approved at the 2023 Annual General Meeting.

The filing also shows a matching disposition of 78,824 Restricted Shares back to the issuer as those awards converted into common stock. After these transactions, Amaral directly holds 206,726 Common Shares and continues to hold 1,079,898 Restricted Shares representing additional contingent rights.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Amaral Decio de Sampaio

Role CEO Hidrovias

Type	Security	Shares	Price	Value
Disposition	Restricted Shares	78,824	$0.00	--
Grant/Award	Common Shares	78,824	$0.00	--

Holdings After Transaction: Restricted Shares — 1,079,898 shares (Direct, null); Common Shares — 206,726 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 granted: 78,824 shares Common shares after transaction: 206,726 shares Restricted shares disposed: 78,824 shares +3 more

6 metrics

Common shares granted 78,824 shares Grant/award on April 20, 2026 at $0.00 per share

Common shares after transaction 206,726 shares Direct holdings following Form 4 transactions

Restricted shares disposed 78,824 shares Disposition to issuer as awards vested into common shares

Restricted shares remaining 1,079,898 shares Restricted share holdings after reported disposition

Transaction price per share $0.00 Price for both the grant of common shares and restricted disposition

Vesting date April 20, 2026 Restricted shares vested into common shares on this date

Key Terms

Restricted Shares, disposition to issuer, contingent right, long-term incentive plan, +1 more

5 terms

Restricted Shares financial

"The filing also shows a matching disposition of 78,824 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.

disposition to issuer financial

"transaction_action is described as issuer disposition in connection with the Restricted Shares"

contingent right financial

"Each restricted share represents a contingent right to receive one common share"

long-term incentive plan financial

"Reported shares vested in accordance with the long-term incentive plan approved by the Company's shareholders"

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

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

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^*

Amaral Decio de Sampaio

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, NO. 1343

7TH 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)
	CEO Hidrovias

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		78,824	A	$0(3)	206,726	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			78,824	(2)	(2)	Common Shares	78,824	$0(3)	1,079,898	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 Decio de Sampaio Amaral report in this Form 4 for UGP?

He reported receiving 78,824 Common Shares of Ultrapar Holdings Inc. at $0.00 per share. These shares came from the vesting of restricted shares granted under the company’s long-term incentive plan approved at the 2023 Annual General Meeting.

Were the UGP shares in this Form 4 an open-market purchase or sale?

The transactions were not open-market trades. Amaral acquired 78,824 Common Shares through a grant related to restricted share vesting and disposed of the same number of Restricted Shares back to the issuer as part of this conversion.

How many Ultrapar (UGP) common shares does Amaral hold after these transactions?

Following the reported transactions, Amaral directly holds 206,726 Common Shares of Ultrapar Holdings Inc. This reflects the addition of 78,824 newly vested shares, increasing his direct common share ownership to that disclosed level in the filing.

What happens to the restricted shares in this UGP Form 4 filing?

The filing shows a disposition of 78,824 Restricted Shares back to the issuer as they vested into common shares. Each restricted share represented a contingent right to one common share, and vesting occurred on April 20, 2026 under the long-term incentive plan.

How many restricted shares does Amaral still hold in Ultrapar (UGP)?

After the disposition of vested awards, Amaral continues to hold 1,079,898 Restricted Shares. These restricted shares each represent a contingent right to receive one common share, subject to the terms of the long-term incentive plan described in the filing.