de Souza Funo Elaine Maria 4
Research Summary
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Vale (VALE) Accounting Officer Elaine de Souza Funo Receives RSU Award
What Happened Elaine Maria de Souza Funo, an accounting officer at Vale S.A., received a grant of 6,916 restricted share units (RSUs) on April 1, 2026. The Form 4 shows the acquisition price as $0.00 (transaction code A — award/grant); RSUs are a contingent right to receive one Vale common share upon settlement rather than an immediate cash purchase or sale.
Key Details
- Transaction date: April 1, 2026; filing date (Accession): April 3, 2026 (filed within the two-business-day window).
- Grant: 6,916 RSUs recorded at $0.00 per unit (award/grant).
- RSU holdings/vesting: The filing notes RSUs that vest as follows — 8,270 RSUs vest on March 1, 2027; 8,270 RSUs vest on March 1, 2028; and 6,916 RSUs vest on April 1, 2029 (total represented RSUs = 23,456).
- Footnotes: F1 — each RSU represents a contingent right to one common share upon settlement; F2 — the totals include the new 6,916 RSUs plus prior grants from 2024–2025 and the stated vesting schedule.
- Filing timeliness: Reported on April 3 for an April 1 transaction (timely per Form 4 rules).
Context RSU grants are a form of equity compensation and do not reflect an immediate market purchase or sale. The RSUs will convert to actual Vale shares only upon meeting vesting conditions and any settlement terms; they are commonly used for retention and compensation rather than as an explicit signal of insider buying or selling.