As of September 29, 2026, Ambev's top three insider holders are Ricardo Manuel Frangatos Pires Moreira (Director, 3.00Mn shares), Lisboa Carlos Eduardo Klutzenschell (Chief Executive Officer, 2.00Mn shares), Valdecir Duarte (Officer, 743.44K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Ricardo Manuel Frangatos Pires Moreira | Director | 3,000,000 | 0 | 3,000,000 | 45.5% | 31 Jul, 2026 |
| 2 | Lisboa Carlos Eduardo Klutzenschell | Chief Executive Officer | 2,001,442 | 0 | 2,001,442 | 30.4% | 01 Apr, 2026 |
| 3 | Valdecir Duarte | Officer | 743,437 | 0 | 743,437 | 11.3% | 01 Apr, 2026 |
| 4 | De Lacerda Eduardo Braga Cavalcanti | Officer | 375,726 | 0 | 375,726 | 5.7% | 01 Apr, 2026 |
| 5 | Paulo Andre Zagman | Officer | 230,535 | 0 | 230,535 | 3.5% | 11 Jun, 2026 |
| 6 | Prado Carla Smith De Vasconcellos Crippa | Officer | 141,464 | 0 | 141,464 | 2.1% | 01 Apr, 2026 |
| 7 | Guilherme Fleury De Figueiredo Ferraz Parolari | Officer | 64,607 | 0 | 64,607 | 1.0% | 01 Apr, 2026 |
| 8 | Parente Guilherme Malik | Officer | 35,182 | 0 | 35,182 | 0.5% | 01 Apr, 2026 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 30 Jul, 2026 | Ricardo Manuel Frangatos Pires Moreira | Director | Disposed S | 468,040 | $3.08 | $1.44Mn | 3,000,000 | Direct |
| 05 May, 2026 | Paulo Andre Zagman | Officer | Disposed S | 136,250 | $3.41 | $464.61K | 230,535 | Direct |
| 27 Mar, 2026 | De Lacerda Eduardo Braga Cavalcanti | Officer | Disposed S | 152,386 | $2.85 | $434.30K | 223,340 | Direct |
| 30 Mar, 2026 | Lisboa Carlos Eduardo Klutzenschell | Chief Executive Officer | Acquired A | 205,372 | $3.11 | $638.71K | 2,001,442 | Direct |
| 30 Mar, 2026 | Valdecir Duarte | Officer | Acquired A | 38,074 | $3.11 | $118.41K | 743,437 | Direct |
| 30 Mar, 2026 | Paulo Andre Zagman | Officer | Acquired A | 34,714 | $3.11 | $107.96K | 366,785 | Direct |
| 30 Mar, 2026 | De Lacerda Eduardo Braga Cavalcanti | Officer | Acquired A | 30,431 | $3.11 | $94.64K | 375,726 | Direct |
| 30 Mar, 2026 | Prado Carla Smith De Vasconcellos Crippa | Officer | Acquired A | 11,261 | $3.11 | $35.02K | 141,464 | Direct |
| 30 Mar, 2026 | Guilherme Fleury De Figueiredo Ferraz Parolari | Officer | Acquired A | 44,714 | $3.11 | $139.06K | 64,607 | Direct |
| 30 Mar, 2026 | Parente Guilherme Malik | Officer | Acquired A | 8,455 | $3.11 | $26.30K | 35,182 | Direct |
| 24 Mar, 2026 | Parente Guilherme Malik | Officer | Disposed S | 20,971 | $2.76 | $57.88K | 26,727 | Direct |