AMBEV (ABEV) CEO receives 205,372-share performance-based stock bonus grant

Rhea-AI Filing Summary

Klutzenschell Lisboa Carlos Eduardo reported acquisition or exercise transactions in this Form 4 filing.

AMBEV S.A. Chief Executive Officer Klutzenschell Lisboa Carlos Eduardo received a grant of 205,372 Common Shares on March 30, 2026 as part of a performance-based bonus payment. The shares were valued at $3.11 per share, bringing his direct holdings to 2,001,442 Common Shares after the award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Klutzenschell Lisboa Carlos Eduardo

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	205,372	$3.11	$639K

Holdings After Transaction: Common Shares — 2,001,442 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 205,372 shares Grant value per share: $3.11 per share Total shares after transaction: 2,001,442 shares

3 metrics

Shares granted 205,372 shares Performance-based bonus grant on March 30, 2026

Grant value per share $3.11 per share Valuation used for the bonus share grant

Total shares after transaction 2,001,442 shares CEO direct holdings following the grant

Key Terms

performance-based bonus payment, Common Shares, grant, award, or other acquisition

3 terms

performance-based bonus payment financial

"Represents a grant of common shares as part of a performance-based bonus payment."

Common Shares financial

"Represents a grant of common shares as part of a performance-based bonus payment."

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.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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^*

Klutzenschell Lisboa Carlos Eduardo

(Last) (First) (Middle)

RUA DR. RENATO PAES DE BARROS, 1017

3 ANDAR PARTE

(Street)

SAO PAULO BRAZIL 04530-001

(City) (State) (Zip)

BRAZIL

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMBEV S.A. [ ABEV ]

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
[ABEV3]

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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	03/30/2026		A		205,372(1)	A	$3.11	2,001,442	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

Explanation of Responses:

1. Represents a grant of common shares as part of a performance-based bonus payment.

	/s/ Carlos Eduardo Klutzenschell Lisboa	04/01/2026
	** 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 insider transaction did AMBEV (ABEV) report for its CEO?

AMBEV reported that CEO Klutzenschell Lisboa Carlos Eduardo received a grant of 205,372 Common Shares. The award was recorded on March 30, 2026 and is described as part of a performance-based bonus payment rather than an open-market stock purchase.

At what price were the granted AMBEV (ABEV) shares valued?

The granted AMBEV Common Shares were valued at $3.11 per share. This price is used in the Form 4 to calculate the value of the 205,372-share performance-based bonus award granted to the company’s Chief Executive Officer.

How many AMBEV (ABEV) shares does the CEO hold after this grant?

Following the grant, the CEO directly holds 2,001,442 Common Shares of AMBEV. This total reflects his position immediately after receiving the 205,372-share performance-based bonus award disclosed in the Form 4 insider filing.

Was the AMBEV (ABEV) CEO’s transaction a market purchase or a bonus grant?

The transaction was a bonus grant, not a market purchase. The Form 4 describes it as a grant of common shares as part of a performance-based bonus payment, reported under transaction code “A” for grant, award, or other acquisition.

What does transaction code “A” mean in the AMBEV (ABEV) Form 4?

Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of shares. Here, it reflects a performance-based bonus grant of 205,372 AMBEV Common Shares to the Chief Executive Officer, rather than an open-market buy or sell.