Ultrapar (NYSE: UGP) CFO gets 40,275 shares as awards vest

Rhea-AI Filing Summary

ULTRAPAR HOLDINGS INC executive Hachem Andre Saleme, CFO and IRO Hidrovias, reported equity compensation changes. He received a grant of 40,275 common shares at $0.00 per share as a share award acquisition. On the same date, 40,275 restricted shares, each representing a contingent right to one common share, were disposed to the issuer as they vested on April 20, 2026 under the company’s long-term incentive plan approved at the 2023 Annual General Meeting. Following these transactions, he directly holds 65,460 common shares and 97,254 restricted shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hachem Andre Saleme

Role CFO and IRO Hidrovias

Type	Security	Shares	Price	Value
Disposition	Restricted Shares	40,275	$0.00	--
Grant/Award	Common Shares	40,275	$0.00	--

Holdings After Transaction: Restricted Shares — 97,254 shares (Direct, null); Common Shares — 65,460 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: 40,275 shares Restricted shares disposed: 40,275 shares Common shares held after: 65,460 shares +2 more

5 metrics

Common shares granted 40,275 shares Grant/award acquisition at $0.00 per share on April 20, 2026

Restricted shares disposed 40,275 shares Disposition to issuer upon vesting on April 20, 2026

Common shares held after 65,460 shares Direct ownership following reported transactions

Restricted shares held after 97,254 shares Remaining restricted share balance after vesting event

Grant price per share $0.00 Price for 40,275 common shares received as award

Key Terms

restricted shares, contingent right, vested, long-term incentive plan, +1 more

5 terms

restricted shares financial

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

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.

contingent right financial

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

vested financial

"Restricted shares vested on April 20, 2026."

long-term incentive plan financial

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

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.

disposition to issuer financial

"transaction_action: issuer disposition"

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^*

Hachem Andre Saleme

(Last) (First) (Middle)

BRIGADEIRO LUIS ANTONIO AVENUE, 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)
	CFO and IRO 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		40,275	A	$0(3)	65,460	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			40,275	(2)	(2)	Common Shares	40,275	$0(3)	97,254	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 insider transaction did Ultrapar (UGP) executive Hachem Andre Saleme report?

Hachem Andre Saleme reported a grant of 40,275 Ultrapar common shares at $0.00 per share. At the same time, 40,275 restricted shares were disposed to the issuer as they vested, reflecting routine equity compensation activity rather than an open-market trade.

How many Ultrapar (UGP) common shares does Hachem Andre Saleme hold after this Form 4?

After the reported transactions, Hachem Andre Saleme directly holds 65,460 Ultrapar common shares. This position reflects shares received through the vesting of restricted stock awards under the company’s long-term incentive plan approved at the 2023 Annual General Meeting.

What happened to the 40,275 restricted shares in Hachem Andre Saleme’s Ultrapar (UGP) filing?

The 40,275 restricted shares vested on April 20, 2026 and were disposed to the issuer. Each restricted share represented a contingent right to receive one common share, so vesting converted them into common stock under Ultrapar’s long-term incentive plan framework.

How many restricted shares does Hachem Andre Saleme still have in Ultrapar (UGP)?

Following the vesting and disposition of 40,275 restricted shares, Hachem Andre Saleme continues to hold 97,254 restricted shares. Each restricted share corresponds to a contingent right to one Ultrapar common share, subject to the applicable vesting conditions of the incentive plan.

Is Hachem Andre Saleme’s Ultrapar (UGP) Form 4 a market buy or sell?

The Form 4 reflects equity awards, not open-market trading. Saleme acquired 40,275 common shares through a grant at $0.00 per share and disposed of 40,275 restricted shares to the issuer upon vesting, consistent with typical long-term incentive plan mechanics.