Vale (NYSE: VALE) executive discloses 111,095 common shares and RSUs

Rhea-AI Filing Summary

Vale S.A. executive vice president for technical matters Jabur Bittar Rafael filed an initial statement of ownership showing direct holdings of 111,095 common shares. This total includes 34,773 shares represented by restricted share units granted in 2024 and 2025, which vest in tranches on March 1, 2027 and March 1, 2028.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jabur Bittar Rafael

Role Executive VP Technical

Type	Security	Shares	Price	Value
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 111,095 shares (Direct)

Footnotes (1)

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Accepted by SEC EDGAR 03/18/2026 - 06:56 PM Learn about SEC filing dates

FAQ

What insider ownership does Vale (VALE) executive Jabur Bittar Rafael report in this Form 3?

Jabur Bittar Rafael reports direct ownership of 111,095 Vale common shares. This amount reflects his beneficial holdings as an executive vice president and includes shares represented by restricted share units granted as part of his compensation.

How many Vale (VALE) shares are represented by RSUs for Jabur Bittar Rafael?

The filing states that 34,773 Vale common shares are represented by restricted share units. These RSUs were granted in 2024 and 2025 and each unit gives a contingent right to receive one Vale common share upon settlement.

When do Jabur Bittar Rafael’s Vale (VALE) restricted share units vest?

The RSUs vest in two future tranches. 13,993 RSUs vest on March 1, 2027 and 20,780 RSUs vest on March 1, 2028, assuming applicable vesting conditions are satisfied before settlement into common shares.

Does this Vale (VALE) Form 3 show any recent buy or sell transactions?

The Form 3 functions as an initial statement of holdings for Jabur Bittar Rafael. It lists his beneficial ownership, including RSUs, and does not report open-market purchases or sales in connection with this disclosure.

What does each Vale (VALE) restricted share unit represent for Jabur Bittar Rafael?

Each RSU described in the filing represents a contingent right to receive one Vale common share upon settlement. The units convert into actual shares only after the specified vesting dates and satisfaction of any required conditions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Jabur Bittar Rafael

(Last) (First) (Middle)

PRAIA DE BOTAFOGO 186

19TH FLOOR BOTAFOGO

(Street)

RIO DE JANEIRO RIO DE JANEIRO 22250145

(City) (State) (Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Vale S.A. [ VALE ]

3a. Foreign Trading Symbol
[VALE3]

5. If Amendment, Date of Original Filed (Month/Day/Year)

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

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

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	111,095(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 34,773 Common Shares that are represented by Restricted Shares Units (RSUs), granted in 2024 and 2025. 13,993 RSUs vest on March 1, 2027 and 20,780 RSUs vest on March 1, 2028. Each RSU represents a contingent right to receive one Common Stock of Vale S.A. upon settlement.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Thiago Kiill Lofiego, Attorney-in-fact	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)