Vale director reports share ownership

Vale S.A. director Silva de Sousa Oliveira Manuel Lino reported his share ownership in the company.

Rhea-AI Filing Summary

Vale S.A. director Silva de Sousa Oliveira Manuel Lino reported his share ownership in the company. The filing shows 2,214 Common Shares held directly.

He also has an indirect interest in 10,100 Common Shares held by the Oliveira Family Benefit Trust. All are in the form of American Depositary Shares, each representing one Vale Common Share.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Silva de Sousa Oliveira Manuel Lino

Role Director

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

Holdings After Transaction: Common Shares — 2,214 shares (Direct); Common Shares — 10,100 shares (Indirect, By Oliveira Family Benefit Trust)

Footnotes (1)

1. F1. The Common Shares reported herein are held in the form of American Depositary Shares, each of which represents the right to receive one Common Share of Vale S.A.

FAQ

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

How many Vale (VALE) shares does director Silva de Sousa Oliveira Manuel Lino hold directly?

He directly holds 2,214 Common Shares of Vale S.A. These shares are reported as direct ownership and are held in the form of American Depositary Shares, each ADS representing one Vale Common Share.

What indirect Vale (VALE) holdings are reported for the Oliveira Family Benefit Trust?

The filing shows 10,100 Common Shares held indirectly through the Oliveira Family Benefit Trust. These shares are attributed as indirect ownership and are also held as American Depositary Shares representing Vale Common Shares.

Are Vale (VALE) American Depositary Shares equivalent to Common Shares in this filing?

Yes. The footnote states that the reported holdings are American Depositary Shares, and each ADS represents the right to receive one Vale Common Share. This one-to-one ratio applies to both direct and indirect positions.

Does this Vale (VALE) Form 3 show any insider buying or selling activity?

No buy or sell transactions are reported. The entry lists two holding records with unknown transaction codes and a neutral net buy/sell direction, indicating disclosure of existing positions rather than new trading activity.

What types of ownership are disclosed for the Vale (VALE) director in this Form 3?

The filing discloses both direct and indirect ownership. Direct ownership covers 2,214 Common Shares, while indirect ownership covers 10,100 Common Shares held by the Oliveira Family Benefit Trust on the director’s behalf.

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

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Accepted by SEC EDGAR 03/18/2026 - 06:59 PM EDT Learn about SEC filing dates

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^*

Silva de Sousa Oliveira Manuel Lino

(Last) (First) (Middle)

PRAIA DE BOTAFOGO 186

19TH FLOOR BOTAFOGO

(Street)

RIO DE JANEIRO RIO DE JANEIRO 2225145

(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)

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

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(1)	2,214	D
Common Shares(1)	10,100	I	By Oliveira Family Benefit Trust

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. The Common Shares reported herein are held in the form of American Depositary Shares, each of which represents the right to receive one Common Share of Vale S.A.

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)