Embraer filed an 8-K announcement on October 30, 2026, disclosing a forward split of its American Depositary Shares that will change the ADS-to-common-share ratio from one ADS representing four common shares to one ADS representing one common share.

Key Highlights

  • New ADS ratio: The ratio will change from one (1) ADS representing four (4) common shares to one (1) ADS representing one (1) common share.
  • Record date: Holders of record as of the close of trading on November 9, 2026 will be eligible.
  • Distribution date: Three additional ADSs for every ADS held will be distributed after the close of trading on November 13, 2026.
  • Split-adjusted trading begins: Trading is expected to begin on a split-adjusted basis at market open on November 16, 2026.
  • No new common shares: According to the filing, the ratio change will not affect Embraer's underlying common shares, and no new common shares will be issued.
  • No change in economic value: The filing states there will be no change in the economic value of ADS holders' ownership interests.
  • Depositary: JPMorgan Chase Bank, N.A. will implement the ratio change as depositary for Embraer's ADS program.

Embraer ADS Ratio Change: Mechanics and Timeline

According to the filing, Embraer (NYSE:EMBJ; B3: EMBJ3) announced it will conduct a forward split of its American Depositary Shares by amending its Third Amended and Restated Deposit Agreement. The current ratio of one ADS representing four common shares will be changed to a new ratio of one ADS representing one common share. The company disclosed that this will be effected through an amendment to that deposit agreement.

The filing specifies that each holder of record of ADSs as of the close of trading on November 9, 2026 will receive, after the close of trading on November 13, 2026, three additional ADSs for every ADS held on the record date. Trading on the New York Stock Exchange is expected to begin on a split-adjusted basis under the new ratio at market open on November 16, 2026, the company disclosed.

Embraer's filing emphasized that the ratio change will not affect the company's underlying common shares, and that no new common shares will be issued in connection with the ratio change. The company further stated that "there will be no change in the economic value of the ADS holders' ownership interests." Embraer's ADSs will continue to trade on the New York Stock Exchange under the ticker symbol "EMBJ," with JPMorgan Chase Bank, N.A. serving as depositary to implement the change.

What Was Disclosed

Embraer announced a forward ADS split changing its ADS-to-common-share ratio from 1:4 to 1:1, with a record date of November 9, 2026, distribution of additional ADSs on November 13, 2026, and split-adjusted trading commencing November 16, 2026. No new common shares will be issued.