Eletrobras officer sells 34,186 shares
Brazilian Electric Power Co officer Camila Gualda Sampaio Araujo reported open-market sales of company shares.
Rhea-AI Filing Summary
Brazilian Electric Power Co officer Camila Gualda Sampaio Araujo reported open-market sales of company shares. On April 7, 2026, she sold 13,611 Class "C" Preferred Shares at $10.88 per share and 20,575 Common Shares at $11.31 per share.
Following these transactions, she reported holding 83,077 Common Shares directly and no remaining Class "C" Preferred Shares. Footnotes explain that prices reflect Brazilian real amounts converted to U.S. dollars using official Treasury exchange rates and describe the bylaw-based 1:1 automatic conversion terms for Class "C" Preferred Shares into Common Shares over fiscal years 2026–2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 34,186 shares
Net Sell
2 txns
Insider
Gualda Sampaio Araujo Camila
Role
See Remarks*
Sold
34,186 shs ($381K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class "C" Preferred Shares | 13,611 | $10.88 | $148K |
| Sale | Common Shares | 20,575 | $11.31 | $233K |
Holdings After Transaction:
Class "C" Preferred Shares — 0 contracts (Direct);
Common Shares — 83,077 shares (Direct)
Footnotes (3)
- F1. The exercise price of the common shares was denominated in Brazilian reais ("BRL"). The original exercise price was BRL 59.4326 per share, which 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, applicable to transactions occurring through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). The converted exercise price reported herein is $11.31 per share. Brokerage commissions and other costs of execution, if any, have been excluded from the reported price.
- F2. Pursuant to Article 11 of the Bylaws of Eletrobras - Brazilian Electric Power Co. (the "Company"), the Class "C" Preferred Shares shall be automatically converted into Common Shares, assuming such Class "C" Preferred 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 Class "C" Preferred Shares, allocated proportionally among all holders, in each of the fiscal years 2026, 2027, 2028, 2029 and 2030; and all Class "C" Preferred Shares remaining, in fiscal year 2031.
- F3. The exercise price of the common shares was denominated in Brazilian reais ("BRL"). The original exercise price was BRL 57.1432 per share, which 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, applicable to transactions occurring through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). The converted exercise price reported herein is $10.88 per share. Brokerage commissions and other costs of execution, if any, have been excluded from the reported price.
Key Figures
Total shares sold: 34,186 shares
Class "C" Preferred Shares sold: 13,611 shares
Common Shares sold: 20,575 shares
+5 more
8 metrics
Total shares sold
34,186 shares
Combined preferred and common shares sold on April 7, 2026
Class "C" Preferred Shares sold
13,611 shares
Open-market sale at $10.88 per share
Common Shares sold
20,575 shares
Open-market sale at $11.31 per share
Common holdings after transactions
83,077 shares
Direct ownership reported following April 7, 2026 sales
Preferred holdings after transactions
0 shares
Class "C" Preferred Shares reported following the sales
FX rate used
5.2540 BRL per USD
Treasury Reporting Rates of Exchange as of March 31, 2026
Original exercise price (BRL, one lot)
BRL 59.4326 per share
Converted to $11.31 per share for common shares
Original exercise price (BRL, other lot)
BRL 57.1432 per share
Converted to $10.88 per share for common shares
Key Terms
Class "C" Preferred Shares, automatic conversion, Treasury Reporting Rates of Exchange, exercise price, +1 more
5 terms
automatic conversion financial
"shall be automatically converted into Common Shares, assuming such Class "C" Preferred 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 as of March 31, 2026"
exercise price financial
"The exercise price of the common shares was denominated in Brazilian reais ("BRL"). The original exercise price was BRL 59.4326 per share"
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AXIA officer Camila Gualda Sampaio Araujo report on this Form 4?
She reported selling a total of 34,186 shares in Brazilian Electric Power Co. This included 13,611 Class "C" Preferred Shares at $10.88 and 20,575 Common Shares at $11.31, all in open-market transactions on April 7, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
