AXIA Energia S.A. (AXIAY) reports that director Jose Joao Abdalla Filho, through investment funds he controls, recorded the mandatory conversion of Class "C" preferred shares (PNC Shares) into Common Shares on September 16, 2026. The filing shows two derivative conversions of PNC Shares into an equal number of Common Shares, paired with corresponding indirect acquisitions of Common Shares at a stated price of R$0.00 per share, in connection with the previously announced mandatory redemption of 19.61% of outstanding PNC Shares and pursuant to the company’s bylaws. The Common Shares and PNC Shares are held directly by Banclass FIA and FIA Dinamica Energia, and Abdalla Filho and these entities each disclaim beneficial ownership beyond their pecuniary interest.
AXIA Energia S.A. (AXIAY) reports that Fiscal Council member Gisomar Francisco de Bittencourt Marinho converted 224 Class "C" preferred shares (PNC Shares) into 224 Common Shares on September 16, 2026, in a derivative conversion reported at no per‑share price. The insider’s holdings became 923 PNC Shares and 4,975 Common Shares held directly after these transactions.
The conversion and related acquisition occurred in connection with the mandatory redemption of 19.61% of AXIA Energia S.A.’s outstanding PNC Shares, announced on September 3, 2026, and pursuant to the company’s bylaws, which provide for automatic 1:1 conversion of PNC Shares into Common Shares over fiscal years 2026–2031. No Rule 10b5‑1 trading plan is reported.
AXIA Energia S.A. (AXIAY) reported that officer Marcelo de Siqueira Freitas converted 851 Class "C" preferred shares into 851 Common Shares on September 16, 2026, in connection with a mandatory redemption of 19.61% of the company’s outstanding preferred Class C (PNC) shares under its bylaws. After these transactions, he holds 3,489 Class C preferred shares and a total of 36,096 Common Shares including RSUs, all as direct ownership. No Rule 10b5-1 trading plan is indicated.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported that on September 16, 2026, Class "C" preferred shares held through managed accounts were automatically converted into Common Shares in connection with a mandatory redemption of 19.61% of outstanding Class "C" preferred shares. A total of 1,260,542 Class "C" preferred shares were converted into the same number of Common Shares at a 1:1 ratio, with 925,503 shares linked to Maliko Investments LLC and 335,039 shares linked to Manuka Investments LLC. These positions are held indirectly through portfolios managed by Radar Gestora de Recursos Ltda., and both the funds and Mr. Filho disclaim beneficial ownership except to the extent of any pecuniary interest. After these transactions, indirect derivative positions in Class "C" preferred shares remain outstanding representing underlying Common Shares of 66,311; 87,609; 1,574,500; and 1,574,500, and Mr. Filho also reports 51,115 Common Shares held directly. No Rule 10b5-1 trading plan is reported.
AXIA Energia S.A. director Falconi Campos Vicente, through investment funds he controls, reported on September 16, 2026 the conversion of 285,818 Class “C” Preferred Shares (PNC Shares) into an equal number of Common Shares in connection with a mandatory redemption of 19.61% of outstanding PNC Shares under the company’s bylaws. The converted shares are held indirectly via Startours FIA IE and TUCA FIA Responsabilidade Limitada, for which both the funds and Mr. Campos disclaim beneficial ownership except for their respective pecuniary interests. Separately, he reports 142,974 Common Shares held directly, representing the sum of RSUs and common shares, and no Rule 10b5-1 trading plan is reported.
AXIA Energia S.A. director Corso Matte Ana Silvia reported transactions on September 16, 2026 involving the company’s preferred and common shares. Certain 1,066 Class “C” preferred shares (PNC Shares) were converted into 1,066 common shares under a 1:1 automatic conversion mechanism in the bylaws, connected to the mandatory redemption of 19.61% of AXIA Energia S.A.’s outstanding PNC Shares announced on September 3, 2026. After these changes, the director holds 4,374 PNC Shares and 21,426 common shares directly, plus an additional 4,000 common shares held indirectly by a spouse. No Rule 10b5-1 trading plan is reported.
AXIA Energia S.A. (AXIAY) director Pedro Batista de Lima Filho reported a series of indirect trades on September 14, 2026, through managed accounts and investment funds. The filings show net purchases of 638,600 shares across Common Shares and Class "C" Preferred Shares, at weighted-average prices around $10.48–$10.64 per share, with the preferred shares automatically convertible into Common Shares on a 1:1 basis over future fiscal years.
AXIA Energia S.A. executive vice-president of governance, risks, compliance and sustainability Camila Gualda Sampaio Araujo reported selling 10,800 common shares on September 4, 2026, in a sale classified as a non-derivative open-market or private transaction. The weighted average sale price was 55.56 Brazilian reals (BRL) per share, converted and reported as $10.74 per share using a BRL/USD rate of 5.1740. After this sale, she directly holds 109,382 common shares, and no Rule 10b5‑1 trading plan is reported.
AXIA Energia S.A. (AXIAY) director-related managed accounts reported a series of open-market trades in Common Shares and Class "C" preferred shares on August 31, 2026, at weighted-average prices around $10.27–$10.28 per share (after BRL-to-USD conversion). These accounts purchased 148,400 shares and sold 766,000 shares, a net disposition of 617,600 shares. All trades were reported as indirect holdings through entities managed by Radar Gestora, with beneficial ownership disclaimed except for any pecuniary interest, and no Rule 10b5-1 trading plan is reported. Following these transactions, the director holds 51,115 Common Shares directly.
AXIA Energia S.A. (symbol: AXIAY) is the issuer of record for a Form 4 filing submitted to the SEC.