Klutzenschell Lisboa Carlos Eduardo 4

What Happened
Carlos Eduardo Klutzenschell (CEO of AMBEV S.A., ticker ABEV) was granted 205,372 common shares on 2026-03-30 as an award (transaction code A). The shares were recorded at $3.11 each, for a total reported value of $638,707. This was a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-30; Form 4 filed: 2026-04-01 (appears timely; Form 4s are generally due within two business days).
• Shares granted: 205,372; price per share: $3.11; total reported value: $638,707.
• Transaction type: A (award/grant) — acquisition through compensation.
• Footnote: Represents a grant of common shares as part of a performance-based bonus payment.
• Shares owned after transaction: Not specified in the filing.
• No tax-withholding or immediate sale noted on the Form 4.

Context
This was a compensation-related award tied to performance, common for executive pay plans. Such awards reflect company compensation policy rather than an insider purchasing shares in the open market, so they should be interpreted differently than voluntary buys or sells.