ZAGMAN PAULO ANDRE

PrivateCIK: 2115506

ZAGMAN PAULO ANDRE enters AMBEV S.A. with 332.07K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

ZAGMAN PAULO ANDRE

Filed: 3/18/2026ACC: 0001193125-26-113641

InsiderZAGMAN PAULO ANDRECIK 2115506

→

IssuerAMBEV S.A.CIK 1565025

Officer· See Remarks

Since Mar 2026

332.07K

Baseline shares

100% direct

332.07K

Direct ownership

1 position

1.87M

Derivative underlying

10 instruments

1

Security positions

All direct

Non-Derivative Holdings1

Common Shares

Direct

Shares owned332.07K

Total

332.07K direct332.07K

Security Title	Shares Owned	Ownership Type
Common Shares	332.07K	Direct
Total	332.07K	332.07K direct

Derivative Holdings10

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

116.90K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

208.10K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

123.96K

Shares owned

N/A

Exercise price

3.43

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

216.34K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

90.21K

Shares owned

N/A

Exercise price

3.26

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

76.56K

Shares owned

N/A

Exercise price

3.22

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

183.60K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

662.26K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

59.49K

Shares owned

N/A

Exercise price

3.91

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

137.22K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

1.87M

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Shares Direct	Common Shares		—	—	116.90K	N/A
Restricted Shares Direct	Common Shares		—	—	208.10K	N/A
Stock Options (Right to Buy) Direct	Common Shares	3.43	—	—	123.96K	N/A
Restricted Shares Direct	Common Shares		—	—	216.34K	N/A
Stock Options (Right to Buy) Direct	Common Shares	3.26	—	—	90.21K	N/A
Stock Options (Right to Buy) Direct	Common Shares	3.22	—	—	76.56K	N/A
Restricted Shares Direct	Common Shares		—	—	183.60K	N/A
Restricted Shares Direct	Common Shares		—	—	662.26K	N/A
Stock Options (Right to Buy) Direct	Common Shares	3.91	—	—	59.49K	N/A
Restricted Shares Direct	Common Shares		—	—	137.22K	N/A
Total					1.87M	0.00

ZAGMAN PAULO ANDRE — Initial Ownership Disclosure (Form 3) Filed Mar 18, 2026 | Finecho