Andre Saleme Hachem, CFO and IRO Hidrovias at Ultrapar Holdings Inc (NYSE:UGP), filed a Form 4 on August 28, 2026, disclosing the sale of 585 common shares on August 18, 2026.

Key Highlights

  • Reporting person: Andre Saleme Hachem, identified as CFO and IRO Hidrovias of Ultrapar Holdings Inc.
  • Transaction: 585 common shares disposed of (transaction code S) on August 18, 2026.
  • Weighted average price: $6.51 per share, with individual transaction prices ranging from $6.511 to $6.515.
  • Currency conversion: All prices were converted from Brazilian Real to U.S. Dollars at a rate of USD 1.00 = BRL 5.2037, the closing rate on August 18, 2026.
  • Remaining ownership: 64,875 common shares held directly following the reported transaction.

Ultrapar Holdings Officer Reports Common Share Sale in August 2026

According to the Form 4 filed with the U.S. Securities and Exchange Commission on August 28, 2026, Andre Saleme Hachem disclosed the sale of 585 common shares of Ultrapar Holdings Inc, traded on NYSE under the symbol UGP, with a foreign trading symbol of UGPA3. The date of the earliest transaction reported is August 18, 2026. The filing was made by one reporting person, with Larissa Lordaro Pessoa signing as attorney-in-fact for Andre Saleme Hachem.

The filing notes that the $6.51 price reported is a weighted average, as the shares were sold across multiple transactions at prices ranging from $6.511 to $6.515, inclusive. The registrant disclosed that full information regarding the number of shares sold at each separate price within that range is available upon request to the issuer, any security holder, or SEC staff. All prices were converted from Brazilian Real to U.S. Dollars based on the closing foreign exchange rate on August 18, 2026, at USD 1.00 = BRL 5.2037.

Following the reported sale, Hachem directly holds 64,875 common shares, according to the filing. No derivative securities transactions were reported in Table II of the form. The filing does not indicate whether the transaction was made pursuant to a Rule 10b5-1(c) plan, as that checkbox was not selected.

What Was Disclosed

The Form 4 filing reported the sale of 585 common shares of Ultrapar Holdings Inc by officer Andre Saleme Hachem on August 18, 2026, at a weighted average price of $6.51, leaving him with 64,875 directly held shares.