Business Context and Reporting Period
This Form 6-K filing by AMBEV S.A. covers the period from February 1, 2026, to February 28, 2026, with the report signed on March 10, 2026. The filing serves as a consolidated report of securities and derivatives transactions by the Company's Board of Directors, Management, and Fiscal Council, in compliance with Article 11 of CVM Instruction # 44/2021.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. It strictly reports on insider trading activity and shareholdings.
| Group | Initial Common Shares | Initial ADRs | Final Common Shares | Final ADRs |
|---|---|---|---|---|
| Board of Directors | 30,400,903 | 468,040 | 30,400,903 | 468,040 |
| Management | 5,208,794 | 19,790 | 4,585,877 | 19,790 |
| Fiscal Council | 2,500 | 0 | 2,500 | 0 |
Material Changes
- Board of Directors: No transactions occurred. Holdings remained unchanged.
- Management: Significant net reduction in common share holdings.
- Acquisition: 105,924 shares returned from a securities lending transaction on Feb 5 at R$ 14.90.
- Disposals: Multiple sell orders executed on Feb 12, 13, 18, and 24 via XP Corretora and XP Investimentos.
- Net Change: Holdings decreased by 622,917 shares (from 5,208,794 to 4,585,877).
- Transaction Volume: Total sell volume exceeded R$ 10 million across various price points ranging from R$ 16.02 to R$ 16.65.
- Fiscal Council: No transactions occurred. Holdings remained unchanged.
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document is limited to regulatory disclosure of insider trading activity.
Investor Verification Checklist
- Verify the total volume of shares sold by Management against the company's overall float to assess market impact.
- Confirm the specific identities of the Management personnel involved in the sell transactions, as this is a consolidated report.
- Review the price range of transactions (R$ 14.90 - R$ 16.65) to understand the valuation context during February 2026.
- Note that the "Return of Securities Lent" transaction indicates prior share lending activity by Management.