AXIA Energia council member buys 100 shares
Rhea-AI Filing Summary
AXIA Energia S.A. (AXIAY) reports that Gisomar Francisco de Bittencourt Marinho, a member of the Fiscal Council, purchased 100 common shares on 2026-08-26. The weighted average purchase price was BRL 53.33 per share, equivalent to about USD 10.31 at the stated exchange rate, bringing his directly held position to 4,751 common shares. The transaction was reported as an open-market or private purchase and was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100 shares
Net Buy
1 txn
Insider
de Bittencourt Marinho Gisomar Francisco
Role
Insider
Bought
100 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares F1 | 100 | $10.31 | $1K |
Holdings After Transaction:
Common Shares — 4,751 shares (Direct)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. The reporting person undertakes to provide to AXIA Energia S.A. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price. The weighted average price, $53.33 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 June 30, 2026 (the most recently published quarterly rate at the time of filing), at a rate of 5.1740 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price.
Key Figures
Shares purchased: 100 common shares
Weighted average price: BRL 53.33 per share
Price per share (USD equivalent): USD 10.31 per share
+2 more
5 metrics
Shares purchased
100 common shares
Non-derivative purchase on 2026-08-26
Weighted average price
BRL 53.33 per share
Converted to USD using 5.1740 BRL per USD
Price per share (USD equivalent)
USD 10.31 per share
Weighted average price after conversion
Shares owned after transaction
4,751 common shares
Direct ownership following the 2026-08-26 purchase
Exchange rate
5.1740 BRL per USD
U.S. Treasury Reporting Rates of Exchange as of June 30, 2026
Key Terms
weighted average price, Treasury Reporting Rates of Exchange, Rule 10b5-1
3 terms
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Treasury Reporting Rates of Exchange financial
"using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates"
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did AXIAY disclose in this Form 4?
AXIA Energia S.A. disclosed that Fiscal Council member Gisomar Francisco de Bittencourt Marinho purchased 100 common shares on 2026-08-26, reported as an open-market or private transaction, increasing his directly held position to 4,751 shares.
Was the AXIAY insider trade under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so the reported 100-share purchase was not affirmatively made under a Rule 10b5-1 trading plan.
What exchange rate did AXIA Energia use to convert the AXIAY trade price?
The filing states that the weighted average price of BRL 53.33 per share was converted using a 5.1740 BRL per USD rate from the U.S. Treasury Reporting Rates of Exchange as of June 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.