AXIA Energia officer exercises 49,679 stock options
AXIA Energia S.A. officer Limp Nascimento Rodrigo exercised stock options to acquire 49,679 common shares on June 26, 2026.
Rhea-AI Filing Summary
AXIA Energia S.A. officer Limp Nascimento Rodrigo exercised stock options to acquire 49,679 common shares on June 26, 2026. The options carried an exercise price of R$54.18 per share, which accrues interest at 5% per year from grant to exercise, subject to adjustments.
Following the exercise, he directly holds 170,454 common shares, a figure that represents vested RSUs (net of tax), unvested RSUs and common shares. He also retains stock options over 231,094 underlying common shares at an exercise price of R$42.00 per share, which vest over three to five years and must be exercised within 120 days after each maturity period, with a 180‑day post‑exercise lock‑up.
Positive
- None.
Negative
- None.
Insider Trade Summary
49,679 shares exercised/converted
Exercise
3 txns
Insider
Limp Nascimento Rodrigo
Role
See Remarks*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 49,679 | $0.00 | $0.00 |
| Exercise | Common Shares | 49,679 | $54.18 | $2.69M |
| holding | Stock Options | -- | -- | -- |
Holdings After Transaction:
Stock Options — 859,306 contracts for 231,094 underlying shares (Direct);
Common Shares — 170,454 shares (Direct)
Footnotes (6)
- F1. The exercise price is R$54.18 per share accrues interest at a rate of 5% per annum from grant date to exercise date and is subject to certain other adjustments.
- F2. Represents the sum of (i) vested RSUs (net of withholding tax); (ii) unvested RSUs; and (iii) common shares held by the reporting person.
- F3. The stock options were issued pursuant to AXIA Energia S.A.'s restricted share based compensation program. Exercise is conditioned up the achievement of certain performance goals, as set forth in the award agreement, and the satisfaction of certain other conditions.
- F4. 1/3 of the stock options vest 3 years from grant date, with the remaining vesting on the 4th and 5th anniversaries from grant date, subject to certain conditions, as set forth in the award agreement.
- F5. The reporting person must exercise vested options within 120 days after each respective maturity period, failing which the options lapse. Upon exercise, the reporting person is subject to a lock-up period of 180 calendar days during which the shares may not be sold, transferred, or encumbered.
- F6. The exercise price is R$42.00 per share accrues interest at a rate of 5% per annum from grant date to exercise date and is subject to certain other adjustments.
Key Figures
Options exercised: 49,679 shares
Exercise price (R$54.18): R$54.18 per share
Shares held after: 170,454 common shares
+4 more
7 metrics
Options exercised
49,679 shares
Stock options converted into common shares on June 26, 2026
Exercise price (R$54.18)
R$54.18 per share
Stock option exercise price accruing 5% annual interest
Shares held after
170,454 common shares
Direct AXIA holdings after option exercise
Remaining options underlying
231,094 shares
Underlying common shares for remaining stock options
Remaining options exercise price
R$42.00 per share
Exercise price on remaining stock options
Interest on exercise price
5% per annum
Interest on exercise prices from grant to exercise
Lock-up period
180 days
Post-exercise period when shares cannot be sold or transferred
Key Terms
Stock Options, restricted share based compensation program, RSUs, lock-up period, +1 more
5 terms
Stock Options financial
"The stock options were issued pursuant to AXIA Energia S.A.'s restricted share based compensation program."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
RSUs financial
"Represents the sum of (i) vested RSUs (net of withholding tax); (ii) unvested RSUs; and (iii) common shares held by the reporting person."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
lock-up period financial
"Upon exercise, the reporting person is subject to a lock-up period of 180 calendar days during which the shares may not be sold, transferred, or encumbered."
A lock-up period is a fixed time after a stock offering during which company insiders and early investors are legally barred from selling their shares. It matters because when that restriction expires a large block of previously locked-up shares can enter the market at once, potentially lowering the stock price or spiking trading volume—like opening a floodgate—so investors monitor these dates to anticipate price moves and manage risk.
exercise price financial
"The exercise price is R$54.18 per share accrues interest at a rate of 5% per annum from grant date to exercise date."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Limp Nascimento Rodrigo do in this Form 4 for AXIA?
Limp Nascimento Rodrigo exercised stock options to acquire 49,679 AXIA common shares. The options were part of AXIA Energia S.A.'s restricted share-based compensation program and converted into directly held shares, increasing his equity exposure without any reported share sales in this filing.
At what price were the AXIA stock options exercised by Rodrigo?
The exercised stock options had an exercise price of R$54.18 per share. This exercise price accrues interest at 5% per year from the grant date to the exercise date and is subject to certain contractual adjustments defined in the award agreement for AXIA Energia S.A.
What AXIA stock options does Rodrigo still retain after this exercise?
Rodrigo retains stock options over 231,094 underlying AXIA common shares. These options carry an exercise price of R$42.00 per share, vest in tranches from the third to fifth anniversaries of grant, and must be exercised within defined post-vesting windows to avoid lapsing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
