AXIA Energia director converts 566 preferred shares

The bylaws call for 4% of originally issued PNC Shares to convert proportionally each fiscal year from 2026 through 2030, with the balance in 2031 unless redeemed earlier.

Available on EDGAR 11/03/2026 - 12:37 PM EST Accepted by SEC EDGAR 11/03/2026 - 12:36 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

AXIA Energia S.A. director Matte Ana Silvia Corso converted 566 Class C preferred shares into 566 common shares on October 30, 2026, at the bylaws’ 1:1 ratio. After the transaction, she reported 23,310 common shares held directly and 2,490 Class C preferred shares; 4,000 common shares were held indirectly by her spouse.

Insider Trade Summary

566 shares exercised/converted

Exercise 2 txns

Insider Corso Matte Ana Silvia

Role Director

Type	Security	Shares	Price	Value
Conversion	Class "C" Preferred Shares F2, F1	566	$0.00	$0.00
Grant/Award	Common Shares F1	566	$0.00	$0.00
Holding	Common Shares	--	--	--

Holdings After Transaction: Class "C" Preferred Shares — 2,490 contracts (Direct); Common Shares — 23,310 shares (Direct); Common Shares — 4,000 shares (Indirect, By spouse)

Holdings Before and After: Class "C" Preferred Shares, 3,056 to 2,490 contracts (Direct); Common Shares, 22,744 to 23,310 shares (Direct)

Footnotes (2)

1. F1. On October 30, 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 18.54% of AXIA Energia S.A. (the "Company")'s outstanding PNC Shares announced on October 20, 2026 and pursuant to the terms of the Company's bylaws.
2. F2. 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: 566 shares Common shares received: 566 shares Conversion ratio: 1:1 +5 more

8 metrics

Class C preferred shares converted 566 shares October 30, 2026

Common shares received 566 shares October 30, 2026

Conversion ratio 1:1 Under the company’s bylaws

Direct common shares after transaction 23,310 shares Reported after the October 30, 2026 transaction

Class C preferred shares after transaction 2,490 shares Reported after the October 30, 2026 transaction

Common shares held indirectly by spouse 4,000 shares Reported as held by the reporting person’s spouse

Outstanding PNC Shares subject to announced mandatory redemption 18.54% Company announcement on October 20, 2026

Annual automatic conversion allocation 4% Of total originally issued PNC Shares, allocated proportionally among holders in each fiscal year from 2026 through 2030

Key Terms

PNC Shares, mandatory redemption, automatically converted

3 terms

PNC Shares financial

"certain of the class “C” preferred shares (“PNC Shares”)"

mandatory redemption financial

"in connection with the mandatory redemption"

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.

automatically converted financial

"shall be automatically converted into Common Shares"

FAQ

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

How many AXIAY shares did director Matte Ana Silvia Corso convert?

On October 30, 2026, 566 Class C preferred shares were converted into 566 common shares at a 1:1 ratio. After the transaction, the report lists 23,310 common shares held directly.

Why were AXIAY preferred shares converted?

The conversion was connected to the company’s announced mandatory redemption of 18.54% of its outstanding PNC Shares and was pursuant to the company’s bylaws. The company announced the redemption on October 20, 2026.

What is AXIAY’s PNC Share conversion schedule?

Under Article 11 of the bylaws, 4% of the total volume of originally issued PNC Shares, allocated proportionally among all holders, is automatically converted in each fiscal year from 2026 through 2030. All remaining PNC Shares convert in fiscal 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

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^*

Corso Matte Ana Silvia

(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)

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

2a. Foreign Trading Symbol
[AXIA7]

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026

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	10/30/2026		A		566(1)	A	$0	23,310	D
Common Shares								4,000	I	By spouse

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	(2)	10/30/2026		C			566(1)	(2)	(2)	Common Shares	566	$0	2,490	D

Explanation of Responses:

1. On October 30, 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 18.54% of AXIA Energia S.A. (the "Company")'s outstanding PNC Shares announced on October 20, 2026 and pursuant to the terms of the Company's bylaws.

2. 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:

	/s/ Ana Silvia Corso Matte	11/02/2026
	** 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)