Woods Staton - 18 Mar 2026 Form 3 Insider Report for Arcos Dorados Holdings Inc. (ARCO)

Role: Executive Chairman, Director
Signature: /s/ Roman Ajzen, attorney-in-fact on behalf of Woods Staton
Issuer symbol: ARCO
Transactions as of: 18 Mar 2026
Net transactions value: $0
Form type: 3
Filing time: 18 Mar 2026, 11:40:27 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Staton Woods	Executive Chairman, Director	RIO NEGRO 1338, FIRST FLOOR, MONTEVIDEO, URUGUAY	/s/ Roman Ajzen, attorney-in-fact on behalf of Woods Staton	18 Mar 2026	0001669285

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ARCO	Class A common share						106,129	18 Mar 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Date	Underlying Class	Amount	Ownership	Footnotes
holding	ARCO	Phantom Restricted Stock Unit	18 Mar 2026	Class A common share	58,207	Direct	F1
holding	ARCO	Phantom Restricted Stock Unit	18 Mar 2026	Class A common share	49,505	Direct	F1
holding	ARCO	Phantom Restricted Stock Unit	18 Mar 2026	Class A common share	72,007	Direct	F1
holding	ARCO	Class B common share	18 Mar 2026	Class A common share	80,000,000	Held by Los Laureles Ltd.	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Phantom Restricted Stock Unit ("Phantom RSU") represents the cash equivalent of the closing price of one Class A common share on the vesting date, plus any dividends paid on the Class A common share, if any, since the grant date. The date exercisable and expiration date represent the vesting date for this Phantom RSU. Each Phantom RSU will be settled in cash promptly following the vesting date.
F2	Each Class B common share is convertible into one Class A common share at the option of the reporting person, subject to the prior written approval of McDonald's Corporation. In addition, each Class B common share will convert automatically into one Class A common share at such time as the reporting person ceases to hold, directly or indirectly, at least 20% of the aggregate number of outstanding Class A and Class B common shares.

Content

Each Phantom Restricted Stock Unit ("Phantom RSU") represents the cash equivalent of the closing price of one Class A common share on the vesting date, plus any dividends paid on the Class A common share, if any, since the grant date. The date exercisable and expiration date represent the vesting date for this Phantom RSU. Each Phantom RSU will be settled in cash promptly following the vesting date.

Each Class B common share is convertible into one Class A common share at the option of the reporting person, subject to the prior written approval of McDonald's Corporation. In addition, each Class B common share will convert automatically into one Class A common share at such time as the reporting person ceases to hold, directly or indirectly, at least 20% of the aggregate number of outstanding Class A and Class B common shares.