What exchange rate was used to convert the AXIA share price into U.S. dollars?

The per-share purchase price of 53.00 Brazilian reals was converted to U.S. dollars using a 5.2540 BRL per USD rate. This rate came from the U.S. Treasury Reporting Rates of Exchange as of March 31, 2026, the most recently published quarterly rate at filing time.

AXIA Energia (AXIA3) director adds 500 Class C preferred shares in open-market buy

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

AXIA Energia S.A. director Corso Matte Ana Silvia bought additional shares in the company. The filing shows an open-market purchase of 500 Class "C" preferred shares at a price of $10.09 per share, increasing the director's direct holdings to 5,795 Class "C" preferred shares.

These preferred shares are automatically convertible into Common Shares on a 1:1 basis under the company’s bylaws, with portions converting each fiscal year from 2026 through 2030 and all remaining shares converting in 2031, assuming they are not mandatorily redeemed earlier.

Insider Trade Summary

Net Buyer: 500 shares ($5,045)

Net Buy 1 txn

Insider Corso Matte Ana Silvia

Role null

Bought 500 shs ($5K)

Type	Security	Shares	Price	Value
Purchase	Class "C" Preferred Shares	500	$10.09	$5K

Holdings After Transaction: Class "C" Preferred Shares — 5,795 shares (Direct, null)

Footnotes (1)

Pursuant to Article 11 of the Bylaws of AXIA Energia S.A. (the "Company"), the class "C" preferred shares ("PNC Shares") shall be automatically converted into Common Shares, assuming such PNC Shares are not earlier mandatorily redeemed by the Company in accordance with its Bylaws, at a ratio of 1:1, as follows: 4% of the total volume of originally-issued PNC Shares, allocated proportionally among all holders, in each of the fiscal years 2026, 2027, 2028, 2029 and 2030; and all PNC Shares remaining, in fiscal year 2031. The purchase price, $53.00 Brazilian reals per share, has been converted to U.S. dollars ("USD") using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate at the time of filing), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price.

Key Figures

Shares purchased: 500 shares Purchase price (USD): $10.09 per share Holdings after transaction: 5,795 shares +5 more

8 metrics

Shares purchased 500 shares Class "C" preferred shares bought in open market on 2026-07-03

Purchase price (USD) $10.09 per share Open-market purchase price excluding commissions

Holdings after transaction 5,795 shares Total Class "C" preferred shares held directly after purchase

Purchase price (BRL) 53.00 BRL per share Local currency price before FX conversion

FX rate used 5.2540 BRL per USD U.S. Treasury Reporting Rates of Exchange as of March 31, 2026

Conversion ratio 1:1 Automatic conversion of PNC Shares into Common Shares under bylaws

Annual conversion percentage 4% per year Of originally issued PNC Shares each fiscal year 2026–2030

Final conversion year 2031 All remaining PNC Shares convert in fiscal year 2031

Key Terms

Class "C" preferred shares, PNC Shares, automatically converted, Treasury Reporting Rates of Exchange, +1 more

5 terms

Class "C" preferred shares financial

"the class "C" preferred shares ("PNC Shares") shall be automatically converted"

PNC Shares financial

"the class "C" preferred shares ("PNC Shares") shall be automatically converted"

automatically converted financial

"PNC Shares shall be automatically converted into Common Shares, assuming such PNC Shares are not earlier mandatorily redeemed"

Treasury Reporting Rates of Exchange financial

"using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange"

mandatorily redeemed financial

"assuming such PNC Shares are not earlier mandatorily redeemed by the Company in accordance with its Bylaws"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 05:48 PM Accepted by SEC EDGAR 07/06/2026 - 05:48 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Corso Matte Ana Silvia

(Last)

(First)

(Middle)

AVENIDA GRACA ARANHA, NO. 26

CENTRO

(Street)

RIO DE JANEIRO

20030-000

(City)

(State)

(Zip)

BRAZIL

(Country)

2. Issuer Name and Ticker or Trading Symbol
AXIA Energia S.A. [ AXIA3 ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol
[AXIA7]

3. Date of Earliest Transaction (Month/Day/Year)
07/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class "C" Preferred Shares	⁽¹⁾	07/03/2026		P		500		⁽¹⁾	⁽¹⁾	Common Shares	500	$10.09⁽²⁾	5,795	D

Explanation of Responses:

1. Pursuant to Article 11 of the Bylaws of AXIA Energia S.A. (the "Company"), the class "C" preferred shares ("PNC Shares") shall be automatically converted into Common Shares, assuming such PNC Shares are not earlier mandatorily redeemed by the Company in accordance with its Bylaws, at a ratio of 1:1, as follows: 4% of the total volume of originally-issued PNC Shares, allocated proportionally among all holders, in each of the fiscal years 2026, 2027, 2028, 2029 and 2030; and all PNC Shares remaining, in fiscal year 2031.

2. The purchase price, $53.00 Brazilian reals per share, has been converted to U.S. dollars ("USD") using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate at the time of filing), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price.

Remarks:

	/s/ Ana Silvia Corso Matte	07/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did AXIA (AXIA3) report in this Form 4?

AXIA Energia reported that director Corso Matte Ana Silvia made an open-market purchase of 500 Class "C" preferred shares. The transaction increased the director’s direct holdings to 5,795 preferred shares that are automatically convertible into Common Shares under the company’s bylaws.

At what price were AXIA Energia Class "C" preferred shares purchased?

The Class "C" preferred shares were purchased at $10.09 per share, after converting from 53.00 Brazilian reals using an exchange rate of 5.2540 BRL per USD. Brokerage commissions and other execution costs, if any, are excluded from the reported price.

How many AXIA Energia shares does the director hold after this transaction?

After buying 500 Class "C" preferred shares, the director holds 5,795 such shares directly. These shares are subject to automatic 1:1 conversion into Common Shares over several fiscal years, as specified in AXIA Energia’s bylaws for PNC Shares.

How and when do AXIA Energia PNC Shares convert into Common Shares?

Under AXIA Energia’s bylaws, Class "C" preferred shares (PNC Shares) convert automatically into Common Shares at a 1:1 ratio. Four percent of the originally issued PNC volume converts each fiscal year from 2026 to 2030, with all remaining PNC Shares converting in fiscal year 2031.