Business Context and Reporting Period
This Form 6-K filing by Ambev S.A. covers the month of November 2017, with the report signed on November 10, 2017. The document serves as a consolidated report of securities and derivatives transactions involving the Company's Board of Directors, Management, and Related Persons, filed in compliance with Article 11 of CVM Instruction # 358/2002.
Key Financial Metrics
The filing text does not provide revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is strictly limited to reporting insider trading activity and shareholding balances.
| Group | Transaction Type | Quantity | Total Volume (R$) | Price Range (R$) |
|---|---|---|---|---|
| Board of Directors | Sell | 1,800 Common Shares | 37,550.00 | 20.84 - 20.88 |
| Board of Directors | Holdings (Final) | 5,542,123 Common Shares | N/A | N/A |
| Board of Directors | Holdings (Final) | 336,300 ADRs | N/A | N/A |
| Management | Holdings (Final) | 7,225 Common Shares | N/A | N/A |
| Related Persons | Holdings (Final) | 26,651,682 Common Shares | N/A | N/A |
| Related Persons | Holdings (Final) | 752,519 ADRs | N/A | N/A |
Material Changes
During the reporting period, the Board of Directors executed three sell transactions totaling 1,800 common shares. No transactions were reported for Management or Related Persons during this specific month. Consequently, the Board's total common shareholding decreased from 5,543,923 to 5,542,123 shares. Holdings for Management and Related Persons 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 a regulatory disclosure of insider trading activity only.
Investor Verification Checklist
- Verify the total number of shares sold by the Board of Directors (1,800) against the change in their reported holdings.
- Confirm the transaction dates (October 30 and 31, 2017) and execution prices (approx. R$ 20.84–20.88) match market data for the period.
- Note that the filing references transactions occurring in "October, 2017" despite the Form 6-K header indicating the report is for "November, 2017."
- Check that the ADR conversion ratio (1 ADR = 1 share) is consistent with the company's current structure.