Brazilian Electric Power Co (AXIA3) director reports 40,476 RSUs
Rhea-AI Filing Summary
Brazilian Electric Power Co director Marisete Fatima Dadald Pereira has filed an initial ownership report showing holdings of restricted stock units. The filing lists 40,476 Restricted Stock Units, each economically equivalent to one common share and settled on a 1:1 basis under the company’s restricted share-based compensation program for the Board of Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dadald Pereira Marisete Fatima
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 40,476 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit ("RSU") is the economic equivalent of one Common Share, is settled in Common Shares on a 1:1 basis, and was issued pursuant to the Eletrobras - Brazilian Electric Power Co.'s (the "Company") restricted share based compensation program. These RSUs are reserved for the Board of Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 for Brazilian Electric Power Co (AXIA3) report?
The Form 3 reports that director Marisete Fatima Dadald Pereira holds 40,476 Restricted Stock Units. These RSUs represent initial beneficial ownership and are tied to the company’s restricted share-based compensation program for members of the Board of Directors.
How many Restricted Stock Units does the director hold at Brazilian Electric Power Co (AXIA3)?
The director holds 40,476 Restricted Stock Units. Each RSU is the economic equivalent of one common share and will be settled in common shares on a one-for-one basis, reflecting equity-based compensation for Board service at the company.
What are the terms of the RSUs reported for Brazilian Electric Power Co (AXIA3)?
Each Restricted Stock Unit is economically equivalent to one common share and is settled in common shares on a 1:1 basis. The RSUs were issued under Eletrobras – Brazilian Electric Power Co.’s restricted share-based compensation program specifically reserved for its Board of Directors.
Who is the reporting person on the Brazilian Electric Power Co (AXIA3) Form 3?
The reporting person is Marisete Fatima Dadald Pereira, identified as a director of Brazilian Electric Power Co. The Form 3 reflects her direct ownership of Restricted Stock Units granted through the company’s equity-based compensation program for members of the Board of Directors.
Are the Restricted Stock Units on the Brazilian Electric Power Co (AXIA3) Form 3 settled in cash or shares?
The Restricted Stock Units are settled in common shares of the company on a one-for-one basis. Each RSU is explicitly described as the economic equivalent of one common share, issued under the company’s restricted share-based compensation program.