AMBEV S.A. (ABEV)

Insider Trading Filed: 2026-04-13

Eduardo Braga Cavalcanti de Lacerda, a Commercial Vice President of AMBEV S.A., has sold 152,386 common shares of the company at $2.85 per share on March 27, 2026.
Following the reported transaction, Cavalcanti de Lacerda now beneficially owns 223,340 direct shares of AMBEV S.A.
The insider sale represents approximately 40% reduction in Cavalcanti de Lacerda's direct shareholding in the company.

Insider Trading Filed: 2026-04-01

The reporting person, Paulo Andre Zagman, acquired 34,714 common shares of AMBEV S.A. (ABEV) on March 30, 2026 as part of a performance-based bonus payment, increasing his direct beneficial ownership to 366,785 shares.
This insider transaction suggests that Paulo Andre Zagman, who holds the position of Logistics Vice President, is confident in the company's prospects and aligns his interests with those of shareholders.
The purchase price of $3.11 per share appears to be a reasonable valuation based on the current market price, indicating that the transaction was likely made for investment purposes rather than short-term trading.

Insider Trading Filed: 2026-04-01

The reporting person, Guilherme Fleury de Figueiredo Ferraz Parolari, acquired 44,714 common shares of AMBEV S.A. (ABEV) on March 30, 2026 as part of a performance-based bonus payment, increasing his direct beneficial ownership to 64,607 shares.
This insider buying activity suggests that the reporting person, who is the Chief Financial, Investor Relations and Shared Services Officer, is confident in the company's future prospects and aligns his interests with those of shareholders.
The transaction price of $3.11 per share appears to be at the current market price, indicating the shares were not acquired at a significant discount.

Insider Trading Filed: 2026-04-01

The reporting person, Carla Smith de Vasconcellos Crippa Prado, acquired 11,261 common shares of AMBEV S.A. (ABEV) through a performance-based bonus payment, increasing her direct beneficial ownership to 141,464 shares.
The transaction was executed on March 30, 2026, suggesting the reporting person received additional equity compensation as part of her role as the Corporate Affairs Vice President at AMBEV.
Insider buying, especially of this size, can be viewed positively as it indicates the reporting person's confidence in the company's future prospects.

Insider Trading Filed: 2026-04-01

Eduardo Braga Cavalcanti de Lacerda, a Commercial Vice President at AMBEV S.A. (ABEV), acquired 30,431 common shares of the company on March 30, 2026, increasing his direct ownership to 375,726 shares.
The shares were acquired at a price of $3.11 per share, suggesting the transaction was part of a performance-based bonus payment to the executive.
Insider buying can be a positive signal for investors, as it indicates the executive's confidence in the company's future prospects.

Insider Trading Filed: 2026-04-01

Valdecir Duarte, an Industrial Vice President at AMBEV S.A. (ABEV), has acquired 38,074 common shares of the company on March 30, 2026, increasing his total direct ownership to 743,437 shares.
The acquisition was part of a performance-based bonus payment, indicating the company's incentive structure to align management's interests with shareholders.
The transaction price of $3.11 per share suggests the company's stock is currently trading at a level that management finds attractive to hold or accumulate.

Insider Trading Filed: 2026-04-01

Guilherme Malik Parente, the Legal and Compliance Vice President, acquired 8,455 common shares of AMBEV S.A. (ABEV) on March 30, 2026 at $3.11 per share, increasing his direct beneficial ownership to 35,182 shares.
This insider purchase transaction suggests Malik Parente's confidence in the company's prospects and aligns his interests with shareholders.
The timing of the transaction, coming shortly after the fiscal year-end, could indicate the company's recent performance or future outlook was positive.

Insider Trading Filed: 2026-04-01

Insider Carlos Eduardo Klutzenschell Lisboa, the Chief Executive Officer, acquired a sizable block of 205,372 AMBEV S.A. (ABEV) common shares, indicating strong confidence in the company's prospects.
The acquisition was made at a price of $3.11 per share, which suggests the insider views the current stock price as undervalued.
This transaction increases the CEO's direct beneficial ownership to over 2 million shares, further aligning his interests with those of other shareholders.

Insider Trading Filed: 2026-03-26

The reporting person, Guilherme Malik Parente, sold 20,971 common shares of AMBEV S.A. (ABEV) on March 24, 2026 at an average price of $2.76 per share.
The reported transaction resulted in Guilherme Malik Parente's beneficial ownership of AMBEV S.A. shares decreasing to 26,727 shares.
The sale of shares by an officer of the company could indicate a change in their outlook or confidence in the company's future performance.

Important Information