What does a restricted share unit (RSU) mean for Vale (VALE) insiders?

A Vale restricted share unit is a contingent right to receive one common share upon settlement, if vesting conditions are met. Insiders do not pay cash for RSUs at grant; instead, the units function as deferred stock-based compensation tied to employment and performance periods.

Vale (NYSE: VALE) HR officer receives 10,464 RSUs vesting through 2029

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Pereira Murat do Pillar Samanta reported acquisition or exercise transactions in this Form 4 filing.

Vale S.A. reported that Officer, People Samanta Pereira Murat do Pillar received a grant of 10,464 restricted share units (RSUs) on April 1, 2026. Each RSU represents a contingent right to receive one common share of Vale upon settlement.

After this award, the officer directly holds 47,607 common shares, including previously granted RSUs. According to the vesting schedule, 6,938 RSUs vest on March 1, 2027, 7,428 RSUs vest on March 1, 2028, and 10,464 RSUs vest on April 1, 2029, providing time-based equity compensation that aligns pay with future company performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Pereira Murat do Pillar Samanta

Role Officer, People

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	10,464	$0.00	--

Holdings After Transaction: Common Shares — 47,607 shares (Direct)

Footnotes (1)

On April 1, 2026, the Reporting Person was granted restricted share units ("RSUs"). Each RSU represents a contingent right to receive one Common Share of Vale S.A. upon settlement. Includes 10,464 Common Shares that are represented by RSUs granted on April 1, 2026, and RSUs previously granted, in 2024 and 2025. 6,938 RSUs vest on March 1, 2027, 7,428 RSUs vest on March 1, 2028 and 10,464 vest on April 1, 2029. Each RSU represents a contingent right to receive one Common Share of Vale S.A. upon settlement.

Key Figures

RSUs granted: 10,464 RSUs Shares after transaction: 47,607 shares 2027 vesting tranche: 6,938 RSUs +3 more

6 metrics

RSUs granted 10,464 RSUs Grant dated April 1, 2026

Shares after transaction 47,607 shares Total direct holdings following RSU grant

2027 vesting tranche 6,938 RSUs Vesting on March 1, 2027

2028 vesting tranche 7,428 RSUs Vesting on March 1, 2028

2029 vesting tranche 10,464 RSUs Vesting on April 1, 2029

Grant price per share $0.00 per share Reported transaction price for RSU grant

Key Terms

restricted share units ("RSUs"), contingent right, vest

3 terms

contingent right financial

"Each RSU represents a contingent right to receive one Common Share of Vale S.A. upon settlement."

vest financial

"6,938 RSUs vest on March 1, 2027, 7,428 RSUs vest on March 1, 2028 and 10,464 vest on April 1, 2029."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 01:41 PM

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^*

Pereira Murat do Pillar Samanta

(Last)

(First)

(Middle)

PRAIA DE BOTAFOGO 186

19TH FLOOR BOTAFOGO

(Street)

RIO DE JANEIRO

22250145

(City)

(State)

(Zip)

BRAZIL

(Country)

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

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

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

2a. Foreign Trading Symbol
[VALE3]

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	04/01/2026		A		10,464⁽¹⁾	A	$0	47,607⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On April 1, 2026, the Reporting Person was granted restricted share units ("RSUs"). Each RSU represents a contingent right to receive one Common Share of Vale S.A. upon settlement.

2. Includes 10,464 Common Shares that are represented by RSUs granted on April 1, 2026, and RSUs previously granted, in 2024 and 2025. 6,938 RSUs vest on March 1, 2027, 7,428 RSUs vest on March 1, 2028 and 10,464 vest on April 1, 2029. Each RSU represents a contingent right to receive one Common Share of Vale S.A. upon settlement.

	/s/ Samanta Pereira Murat do Pillar	04/03/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Vale (VALE) report for Samanta Pereira Murat do Pillar?

Vale reported that Officer, People Samanta Pereira Murat do Pillar received a grant of 10,464 restricted share units on April 1, 2026. These RSUs are equity-based compensation that can convert into common shares of Vale S.A. once vesting and settlement conditions are met.

How many Vale (VALE) RSUs were granted and at what price?

The officer received 10,464 Vale restricted share units, with a reported grant price of $0.00 per unit in the filing. RSUs typically represent compensation rather than a cash purchase, giving the holder rights to receive shares if vesting conditions are satisfied.

What is the vesting schedule for the new Vale (VALE) RSU grant?

The filing states that 6,938 RSUs vest on March 1, 2027, 7,428 RSUs vest on March 1, 2028, and 10,464 RSUs vest on April 1, 2029. Each vested RSU represents a contingent right to receive one Vale common share upon settlement.

How many Vale (VALE) shares does the officer hold after this RSU grant?

After the April 1, 2026 RSU grant, the officer directly holds 47,607 Vale common shares according to the filing. This figure includes 10,464 shares represented by the new RSUs as well as RSUs previously granted in 2024 and 2025 that remain outstanding.