AXIA Energia CEO converts 5,897 preferred shares

AXIA Energia S.A.’s Chief Executive Officer Monteiro Ivan de Souza reported that 5,897 Class “C” preferred shares were converted into 5,897 common shares on October 2, 2026, at a 1:1 ratio.

Rhea-AI Filing Summary

AXIA Energia S.A.’s Chief Executive Officer Monteiro Ivan de Souza reported that 5,897 Class “C” preferred shares were converted into 5,897 common shares on October 2, 2026, at a 1:1 ratio. The conversion was in connection with the company’s announced mandatory redemption of 15.46% of its outstanding PNC Shares, announced September 22, 2026. After the transaction, the reported Class “C” preferred-share total was 32,249; the 403,689 reported common-share amount represents RSUs plus common shares held by the reporting person.

Insider Trade Summary

5,897 shares exercised/converted

Exercise 2 txns

Insider de Souza Monteiro Ivan

Role See Remarks*

Type	Security	Shares	Price	Value
Conversion	Class "C" Preferred Shares F3, F1	5,897	$0.00	$0.00
Grant/Award	Common Shares F1, F2	5,897	$0.00	$0.00

Holdings After Transaction: Class "C" Preferred Shares — 32,249 contracts (Direct); Common Shares — 403,689 shares (Direct)

Footnotes (3)

1. F1. On October 2, 2026, certain of the class "C" preferred shares ("PNC Shares") previously reported herein were converted into Common Shares, in connection with the mandatory redemption of 15.46% of AXIA Energia S.A. (the "Company")'s outstanding PNC Shares announced on September 22, 2026 and pursuant to the terms of the Company's bylaws.
2. F2. Represents the sum of (i) RSUs; and (ii) common shares held by the reporting person.
3. F3. Pursuant to Article 11 of the Bylaws of the Company, the 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.

Key Figures

Class “C” preferred shares converted: 5,897 shares Common shares received: 5,897 shares Conversion ratio: 1:1 +4 more

7 metrics

Class “C” preferred shares converted 5,897 shares October 2, 2026

Common shares received 5,897 shares October 2, 2026

Conversion ratio 1:1 Class “C” preferred shares converted into common shares

Post-transaction Class “C” preferred shares 32,249 shares Reported after the October 2, 2026 transaction

Post-transaction common-share amount 403,689 shares Represents RSUs plus common shares held by the reporting person

Announced mandatory redemption 15.46% Of AXIA Energia S.A.’s outstanding PNC Shares; announced September 22, 2026

Annual automatic conversion under the bylaws 4% of the total volume of originally issued PNC Shares Allocated proportionally among holders in each fiscal year from 2026 through 2030

Key Terms

PNC Shares, RSUs, mandatory redemption

3 terms

PNC Shares technical

"class “C” preferred shares (“PNC Shares”)"

RSUs financial

"the sum of (i) RSUs"

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.

mandatory redemption financial

"mandatory redemption of 15.46% of the Company’s outstanding PNC Shares"

Mandatory redemption is a contract clause that forces an issuer to buy back a security—such as a bond, preferred share, or convertible—under specified conditions or at scheduled times. For investors it matters because it determines when and how they will get their principal or liquidation value returned, affects the timing of income, and can change the total number of outstanding securities, similar to a store being required to repurchase a product on a set schedule.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AXIAY shares were converted on October 2, 2026?

On October 2, 2026, 5,897 Class “C” preferred shares were converted into 5,897 common shares at a 1:1 ratio.

What share amounts were reported after the AXIAY conversion?

The reported post-transaction amount was 32,249 Class “C” preferred shares. The reported common-share amount was 403,689, representing the sum of RSUs and common shares held by the reporting person.

What is AXIAY’s PNC Share conversion schedule?

Under the bylaws, 4% of the total volume of originally issued PNC Shares is allocated proportionally among holders for automatic conversion in each fiscal year from 2026 through 2030. All PNC Shares remaining are to be converted in fiscal year 2031, assuming they are not earlier mandatorily redeemed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/05/2026 - 06:31 PM Accepted by SEC EDGAR 10/05/2026 - 06:31 PM Learn about SEC filing dates

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^*

de Souza Monteiro Ivan

(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
AXIA Energia S.A. [ 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
[AXIA7]

3. Date of Earliest Transaction (Month/Day/Year)
10/02/2026

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	10/02/2026		A		5,897(1)	A	$0	403,689(2)	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
Class "C" Preferred Shares	(3)	10/02/2026		C			5,897(1)	(3)	(3)	Common Shares	5,897	$0	32,249	D

Explanation of Responses:

1. On October 2, 2026, certain of the class "C" preferred shares ("PNC Shares") previously reported herein were converted into Common Shares, in connection with the mandatory redemption of 15.46% of AXIA Energia S.A. (the "Company")'s outstanding PNC Shares announced on September 22, 2026 and pursuant to the terms of the Company's bylaws.

2. Represents the sum of (i) RSUs; and (ii) common shares held by the reporting person.

3. Pursuant to Article 11 of the Bylaws of the Company, the 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.

Remarks:

*Chief Executive Officer

	/s/ Ivan de Souza Monteiro	10/05/2026
	** 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)