David Neeleman - 01 Jun 2026 Form 4 Insider Report for AZUL SA (AZUL)

Reporting relationship: Director
Issuer ticker: AZUL
Reported as of: 01 Jun 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 Jun 2026, 17:45:43 UTC
Prior SEC filing: 30 Mar 2026
Next SEC filing: 17 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ John Peter Rodgerson, Attorney-in-Fact

Key filing fact

David Neeleman filed Form 4 for AZUL SA (AZUL) on 03 Jun 2026.

Key facts

This page summarizes David Neeleman's Form 4 filing for AZUL SA (AZUL).
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 03 Jun 2026, 17:45.

Change

Previous filing in this sequence was filed on 30 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001218390 Primary reporting owner

NEELEMAN DAVID

Relationship: Director
Address: AV. MARCOS PENTEADO ULHOA RODRIGES, 939 TAMBORE, BARUERI, SAO PAULO, BRAZIL
Signature: /s/ John Peter Rodgerson, Attorney-in-Fact
Signature date: 03 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AZUL transaction

Common Shares

Options Exercise

Transaction value
Shares: +2,432,482
Change %: +1406059%
Price
Shares after: 2,432,655
Date: 01 Jun 2026
Ownership: Direct
Footnotes: F1, F2

AZUL transaction

Common Shares

Options Exercise

Transaction value
Shares: +36,856
Change %: +1.5%
Price
Shares after: 2,469,511
Date: 01 Jun 2026
Ownership: Direct
Footnotes: F1

AZUL holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2
Date: 01 Jun 2026
Ownership: By Saleb II Founder 1 LLC
Footnotes: F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AZUL transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -2,432,482
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jun 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,432,482
Exercise price
Footnotes: F1, F5, F6

AZUL transaction Derivative

Stock Option (right to buy)

Award

Transaction value
Shares: +36,856
Change %
Price: $0.000000^*
Shares after: 36,856
Date: 01 Jun 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 36,856
Exercise price
Footnotes: F1, F6

AZUL transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -36,856
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jun 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 36,856
Exercise price
Footnotes: F1, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The stock option was granted with a nominal exercise price of R$1.00 (one Brazilian real).

Footnote F2

The reporting person previously reported direct ownership of 25,958,221 common shares, which was adjusted to 173 common shares upon effectiveness of the 150,000 to 1 reverse share split in respect of the Company's common shares on April 23, 2026 (the "Reverse Share Split").

Footnote F3

The reporting person previously reported indirect ownership of 390,218 common shares, which was adjusted to 2 common shares upon effectiveness of the Reverse Share Split.

Footnote F4

Saleb II Founder 1 LLC is wholly owned and controlled by David Neeleman.

Footnote F5

This stock option was previously reported as covering 364,872,345,192 common shares, but was adjusted to reflect the Reverse Share Split.

Footnote F6

This stock option award vested immediately upon grant and had no expiration date.