AXIA Energia executive exercises 56,453 stock options
AXIA Energia S.A. executive de Carvalho Freitas Filho Italo Tadeu exercised stock options to acquire 56,453 CommonShares on June 26, 2026 at an exercise price of R$54.18 per share.
Rhea-AI Filing Summary
AXIA Energia S.A. executive de Carvalho Freitas Filho Italo Tadeu exercised stock options to acquire 56,453 CommonShares on June 26, 2026 at an exercise price of R$54.18 per share. The options come from the company’s restricted share-based compensation program, with vesting over three to five years and performance conditions.
After the exercise, he holds 56,453 common shares directly and retains stock options linked to 231,094 underlying shares at an exercise price of R$42.00 per share. Vested options must be exercised within 120 days of maturity, and shares received are subject to a 180-day lock-up during which they cannot be sold or transferred.
Positive
- None.
Negative
- None.
Insider Trade Summary
56,453 shares exercised/converted
Exercise
3 txns
Insider
de Carvalho Freitas Filho Italo Tadeu
Role
See Remarks*
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 56,453 | $0.00 | $0.00 |
| Exercise | CommonShares | 56,453 | $54.18 | $3.06M |
| holding | Stock Options | -- | -- | -- |
Holdings After Transaction:
Stock Options — 944,972 contracts for 231,094 underlying shares (Direct);
CommonShares — 56,453 shares (Direct)
Footnotes (5)
- 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. 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.
- F3. 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.
- F4. 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.
- F5. 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: 56,453 shares
Exercise price (grant 1): R$54.18 per share
Shares held after exercise: 56,453 CommonShares
+5 more
8 metrics
Options exercised
56,453 shares
CommonShares acquired on June 26, 2026 via option exercise
Exercise price (grant 1)
R$54.18 per share
Stock options exercised into 56,453 CommonShares
Shares held after exercise
56,453 CommonShares
Direct ownership following the reported transactions
Remaining underlying shares
231,094 shares
Underlying CommonShares for remaining stock options
Exercise price (grant 2)
R$42.00 per share
Exercise price for remaining stock options
Interest on exercise prices
5% per annum
Accrues from grant date to exercise date on option exercise prices
Lock-up period
180 days
Shares received on exercise cannot be sold or transferred
Exercise window
120 days
Time to exercise vested options after each maturity period
Key Terms
restricted share based compensation program, vesting, lock-up period, exercise price, +1 more
5 terms
vesting financial
"1/3 of the stock options vest 3 years from grant date, with the remaining vesting on the 4th and 5th anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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"
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"
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.
performance goals financial
"Exercise is conditioned up the achievement of certain performance goals, as set forth in the award agreement"
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AXIA (AXIA3) insider de Carvalho Freitas Filho Italo Tadeu do in this Form 4?
The AXIA Energia executive exercised stock options to acquire 56,453 CommonShares. This was a derivative exercise, not an open-market purchase or sale, and reflects the use of equity compensation granted under the company’s restricted share-based compensation program.
At what exercise prices were AXIA Energia (AXIA3) stock options set in this filing?
The filing shows stock options with exercise prices of R$54.18 and R$42.00 per share. Both exercise prices accrue 5% annual interest from grant date to exercise date, and may be adjusted according to the terms described in the award documentation.
What vesting terms apply to the AXIA Energia (AXIA3) stock options in this Form 4?
One-third of the stock options vest three years from the grant date, with additional tranches vesting on the fourth and fifth anniversaries. Vesting depends on meeting specified performance goals and other conditions defined in the award agreement governing the compensation program.
What deadlines apply to exercising AXIA Energia (AXIA3) stock options reported here?
The insider must exercise vested options within 120 days after each respective maturity period. If this deadline is missed, the relevant options lapse, meaning the right to acquire shares under those specific options is forfeited.
AI-generated analysis. How Rhea-AI works. Not financial advice.
