[Form 4] AXIA Energia S.A. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AXIA Energia S.A. officer Limp Nascimento Rodrigo reported a mandatory corporate action involving Class "C" preferred shares. The company mandatorily redeemed 7 PNC Shares for cash under its bylaws, at a redemption price of BRL 52.00 per share, equivalent to about $9.90 using a BRL 5.2540 per USD exchange rate. Following this restructuring transaction, the reporting person now holds 7,909 Class "C" preferred shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Limp Nascimento Rodrigo
Role
See Remarks*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class "C" Preferred Shares | 7 | $9.90 | $69.30 |
Holdings After Transaction:
Class "C" Preferred Shares — 7,909 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 PNC Shares reported herein were mandatorily redeemed for cash in accordance with the foregoing. The redemption price, $52.00 Brazilian reals ("BRL") 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 redeemed: 7 Class "C" preferred shares
Redemption price (BRL): BRL 52.00 per share
Redemption price (USD equivalent): $9.90 per share
+2 more
5 metrics
Shares redeemed
7 Class "C" preferred shares
Mandatorily redeemed for cash under bylaws
Redemption price (BRL)
BRL 52.00 per share
Price for each PNC Share redeemed
Redemption price (USD equivalent)
$9.90 per share
Converted from BRL using 5.2540 BRL/USD
FX rate used
5.2540 BRL per USD
U.S. Treasury reporting rate as of March 31, 2026
Shares held after transaction
7,909 Class "C" preferred shares
Total following the reported restructuring
Key Terms
Class "C" preferred shares, PNC Shares, mandatorily redeemed, redemption price, +1 more
5 terms
mandatorily redeemed financial
"assuming such PNC Shares are not earlier mandatorily redeemed by the Company"
redemption price financial
"The redemption price, $52.00 Brazilian reals ("BRL") per share"
The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.
Treasury Reporting Rates of Exchange financial
"using the ... Treasury Reporting Rates of Exchange as of March 31, 2026"