Form 4: Suzano VP Receives Phantom Share Grant

Marcos Moreno Chagas Assumpcao, VP of Finance and IR at Suzano S.A., was granted 36,395 cash-settled phantom shares.

Summary

• Marcos Moreno Chagas Assumpcao, VP of Finance and IR at Suzano S.A., received a grant of 36,395 phantom shares on May 27, 2026.
• The phantom shares are cash-settled and tied to the market price of Suzano common shares.
• The grant is scheduled to vest on April 1, 2029, subject to specific conditions.
• Following this transaction, the reporting person holds a total of 92,807 phantom shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative disclosure regarding executive compensation, having no immediate impact on the company's financial position.

Positives

• The grant serves as a long-term incentive alignment between the VP of Finance and IR and the company's share performance.

Negatives

• None identified; this is a standard executive compensation disclosure.

Risks

• The value of the phantom shares is subject to market volatility of Suzano S.A. common shares.
• Vesting is subject to specific conditions which, if not met, could result in the forfeiture of the grant.

Future Outlook

The phantom shares are expected to vest on April 1, 2029, at which point they will be settled in cash based on the prevailing market price of Suzano common shares.

Industry Context

StockSavvy.ai notes that the use of cash-settled phantom shares is a common practice in the pulp and paper industry to incentivize executive retention and performance without immediate dilution of equity.

Comparison to Industry Standards

• The compensation structure aligns with standard corporate governance practices for large-cap Brazilian issuers.
• Cash-settlement mechanisms are frequently used by multinational corporations to manage share-based compensation expenses.

Stakeholder Impact

• Minimal impact on shareholders as the grant is cash-settled and does not involve the issuance of new equity.

Next Steps

• Vesting of the phantom shares on April 1, 2029.

Key Dates

Keywords

Suzano, SUZ, Phantom Shares, Executive Compensation, Insider Transaction, Form 4