SEC Form 4 · accession 0001123292-26-000905
AZUL SA · AZUL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Neeleman
Director
Period of report
Jun 15, 2026
Accepted (ET)
Jun 17, 2026 · 7:17 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001432364
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Jun 15, 2026 | A | 1,294,735 | $0.00 | A | 3,764,246 | D | |
| Common SharesF3 | holding | — | — | — | 2 | I | By Saleb II Founder 1 LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of 1,294,735 rights to acquire common shares pursuant to the terms of the Issuer's Restricted Shares Granting Plan and applicable documentation thereunder ("Restricted Shares"). The Restricted Shares vest in three equal annual installments on May 5, 2027, May 5, 2028 and May 5, 2029, contingent on the reporting person's continued service on each applicable vesting date.
- F2In the event that the Issuer does not hold sufficient treasury shares for the settlement of the Restricted Shares on the applicable vesting date, the Reporting Person will be required to subscribe for the Restricted Shares for a nominal price of R$1.00 (one Brazilian real) for all Restricted Shares subject to vesting.
- F3Saleb II Founder 1 LLC is wholly owned and controlled by David Neeleman.