Brazilian Electric Power Co (EBR) executive has RSUs vest, 12,403 shares withheld for taxes

Rhea-AI Filing Summary

Brazilian Electric Power Co executive Rodrigo Limp Nascimento reported a tax-related share disposition linked to RSU vesting. On March 30, 2026, the company withheld 12,403 common shares to cover withholding taxes when fifty percent of his restricted stock units vested. After this non-market, tax-withholding transaction, he directly held 135,775 common shares, RSUs, and vested units in total, reflecting a routine compensation and tax event rather than an open-market sale.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding, no open-market selling.

Brazilian Electric Power Co withheld 12,403 common shares for taxes when fifty percent of Rodrigo Limp Nascimento’s RSUs vested. This is coded as a tax-withholding disposition, not a market trade, and reflects standard equity compensation mechanics.

The filing notes each RSU equals one common share and is reserved for executive officers under the company’s restricted share based compensation program. The reported 135,775 total reflects vested RSUs net of tax, unvested RSUs, and common shares held.

Because there were no open-market purchases or sales and no remaining derivative positions listed, this filing mainly updates the executive’s holdings after a scheduled vesting. It is best viewed as administrative and compensation-related, with limited informational value about management’s view of the stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Limp Nascimento Rodrigo

Role See Remarks*

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	12,403	$0.00	--

Holdings After Transaction: Common Shares — 135,775 shares (Direct)

Footnotes (1)

1. Represents shares withheld by the Company in satisfaction of applicable withholding taxes due in connection with the vesting of fifty percent of the RSUs and delivery of the converted Common Shares. 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 executive officers. Represents the sum of (i) RSUs vested on March 30, 2026 (net of tax withholding), (ii) unvested RSUs, and (iii) common shares held by the executive officer.

Key Figures

Tax-withheld shares: 12,403 shares Total holdings after transaction: 135,775 shares/units

2 metrics

Tax-withheld shares 12,403 shares Common shares withheld to cover RSU vesting taxes on March 30, 2026

Total holdings after transaction 135,775 shares/units Combined vested RSUs net of tax, unvested RSUs, and common shares

Key Terms

restricted stock unit ("RSU"), withholding taxes, vesting, restricted share based compensation program

4 terms

restricted stock unit ("RSU") financial

"Each restricted stock unit ("RSU") is the economic equivalent of one Common Share"

withholding taxes financial

"shares withheld by the Company in satisfaction of applicable withholding taxes due"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

vesting financial

"withholding taxes due in connection with the vesting of fifty percent of the RSUs"

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.

restricted share based compensation program financial

"issued pursuant to the Eletrobras -Brazilian Electric Power Co.'s restricted share based compensation program"

Form 4 Insider Transactions: What Each Field Means →

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^*

Limp Nascimento Rodrigo

(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
BRAZILIAN ELECTRIC POWER CO [ AXIA3 ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	03/30/2026		F(1)		12,403	D	(2)	135,775(3)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld by the Company in satisfaction of applicable withholding taxes due in connection with the vesting of fifty percent of the RSUs and delivery of the converted Common Shares.

2. 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 executive officers.

3. Represents the sum of (i) RSUs vested on March 30, 2026 (net of tax withholding), (ii) unvested RSUs, and (iii) common shares held by the executive officer.

Remarks:

*Executive Vice-President of Regulation, Institutional, Market Regulation and Corporate Relations

	/s/ Rodrigo Limp Nascimento	03/31/2026
	** 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)

FAQ

What did EBR executive Rodrigo Limp Nascimento report in this Form 4?

He reported a tax-withholding disposition of common shares. The company withheld 12,403 shares to cover taxes when fifty percent of his restricted stock units vested, a routine equity compensation and tax event rather than an open-market trade.

Were any Brazilian Electric Power Co (EBR) shares sold on the open market?

No open-market sales were reported. The 12,403 common shares were withheld by the company to satisfy income tax obligations tied to RSU vesting, so no shares were sold to outside investors in this transaction.

How many EBR shares does Rodrigo Limp Nascimento hold after this transaction?

After the tax-withholding event, his reported total position is 135,775 common shares, RSUs, and vested units. This figure combines RSUs vested net of tax, unvested RSUs, and directly held common shares, providing a consolidated view of his equity exposure.

What are restricted stock units (RSUs) in EBR’s compensation program?

Each RSU is the economic equivalent of one common share and settles 1:1 in common shares. For EBR, these RSUs are issued under the company’s restricted share based compensation program and are reserved for executive officers as part of long-term incentive pay.

Why were 12,403 Brazilian Electric Power Co shares withheld for taxes?

The company withheld 12,403 common shares to satisfy applicable withholding taxes when fifty percent of the executive’s RSUs vested. Instead of paying taxes in cash, a portion of the newly delivered shares was retained by the company to meet tax obligations.