Insider Transaction Report for Arcos Dorados Holdings Inc.

This filing details a transaction by Berman Martin Karla Paola, a director at Arcos Dorados Holdings Inc. On April 30, 2026, 4,988 Phantom Restricted Stock Units (RSUs) vested and were settled in cash. These RSUs represent the cash equivalent of Class A common shares. The transaction was automatically executed by the issuer's plan, not by instruction from the reporting person. Following the settlement, the reporting owner holds 0 shares of Class A common stock directly. The value of the vested RSUs was based on the closing price of the Class A common share on the vesting date, with an indicated transaction price of $8.92 per share for the disposed shares.