Embraer S.A. filed a Form 6-K with the SEC on October 30, 2026, announcing a forward split of its American Depositary Shares that will change the ADS-to-common-share ratio from 1:4 to 1:1, effective November 2026.
Key Highlights
- New ADS ratio: The ratio will change from one ADS representing four common shares to one ADS representing one common share.
- Additional ADSs per holder: Each ADS holder of record as of the close of trading on November 9, 2026 will receive three additional ADSs for every ADS held on the record date.
- Distribution date: The additional ADSs will be delivered after the close of trading on November 13, 2026.
- Split-adjusted trading begins: Trading on a split-adjusted basis is expected to begin at market open on November 16, 2026.
- No new common shares: The ratio change will not affect Embraer's underlying common shares, and no new common shares will be issued.
- Depositary: JPMorgan Chase Bank, N.A. will implement the ratio change as depositary for Embraer's ADS program.
Embraer's ADS Ratio Change: Mechanism and Timeline
According to the filing, Embraer S.A. (NYSE:EMBJ) announced on October 30, 2026 that it expects to conduct a forward split of its ADSs by amending its Third Amended and Restated Deposit Agreement. The change moves the ratio from one ADS representing four common shares to one ADS representing one common share. The company disclosed that the ratio change will be effected through an amendment to that deposit agreement, with JPMorgan Chase Bank, N.A. serving as depositary to implement the adjustment.
The filing specifies that ADS holders of record as of the close of trading on November 9, 2026 will receive three additional ADSs for every ADS held on the record date, with those additional ADSs distributed after the close of trading on November 13, 2026. Split-adjusted trading is expected to begin at market open on November 16, 2026. Embraer's ADSs will continue to trade on the New York Stock Exchange under the ticker symbol "EMBJ," according to the filing.
The company stated that the ratio change will not affect its underlying common shares and that no new common shares will be issued in connection with the ratio change. The filing was signed by Felipe Santana Santiago de Lima, Executive Vice President of Finance and Investor Relations, on behalf of Embraer S.A. The filing also contains forward-looking statements, which the company noted "are subject to a number of risks and uncertainties" and reflect "the current views of management."
What Was Disclosed
Embraer S.A. disclosed a planned ADS forward split via a Form 6-K filed October 30, 2026, changing the ADS-to-common-share ratio from 1:4 to 1:1, with a record date of November 9, 2026 and split-adjusted trading beginning November 16, 2026.



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