Netto Armando Lins 4/A

What Happened

• Netto Armando Lins, Group President (Brazil & US Vehicle Payments) received an award of 925 performance-based restricted shares on 2026-02-14 (grant reported at $0.00). To cover tax liability tied to the vesting, 411 shares were withheld/disposed at $337.12 each, producing proceeds of $138,556 (code F — tax withholding), also on 2026-02-14. This filing amends the original reporting.

Key Details

• Transaction date: 2026-02-14; Filing (amendment) date: 2026-03-18.
• Award: 925 shares @ $0.00 (grant/award, code A).
• Withheld/Disposed for taxes: 411 shares @ $337.12 = $138,556 (code F).
• Footnotes: F1 — vesting of performance-based restricted stock amended from 1,021 to 925 shares. F2 — number of shares withheld for taxes amended from 454 to 411.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• This is an amended Form 4; the amendment clarifies the grant size and exact number of shares withheld for taxes.

Context

• This was a grant of performance-based restricted stock and a routine tax-withholding disposition — not an open-market sale. Tax withholding via share forfeiture is common and does not necessarily signal a change in insider sentiment.
• No option exercise or 10% owner transaction here; the disposal was solely to satisfy tax obligations incident to vesting.