AXIA Energia S.A. reported that executive vice-president de Meirelles Wolff Elio Gil converted 208 Class "C" preferred shares (PNC Shares) into 208 Common Shares on August 17, 2026, as part of a mandatory redemption of 6.14% of the company’s outstanding PNC Shares pursuant to its bylaws. After this transaction, the reporting person held 3,191 PNC Shares and 84,831 Common Shares, with the Common Share figure representing the sum of common stock and RSUs. The company’s bylaws provide that remaining PNC Shares automatically convert into Common Shares at a 1:1 ratio in stages from fiscal years 2026 through 2031.
AXIA Energia S.A. reported that director Corso Matte Ana Silvia converted 355 Class "C" preferred shares (PNC Shares) into 355 common shares on August 17, 2026, in connection with a previously announced mandatory redemption of 6.14% of the company’s outstanding PNC Shares and pursuant to its bylaws. Following these transactions, the director holds 18,960 common shares and 5,440 PNC Shares directly, plus an additional 4,000 common shares held indirectly by a spouse. Under Article 11 of the bylaws, remaining PNC Shares are scheduled for automatic 1:1 conversion into common shares over fiscal years 2026–2031.
AXIA Energia S.A. (AXIAY) reported that investment funds associated with director Jose Joao Abdalla Filho converted 1,559,295 Class "C" preferred (PNC) shares into an equal number of Common Shares on August 17, 2026. The conversions were made by Banclass FIA and FIA Dinamica Energia, where Mr. Filho is a controlling shareholder, in connection with the mandatory redemption of 6.14% of outstanding PNC Shares and the automatic 1:1 conversion schedule set out in the company’s bylaws. Banclass, Dinamica and Mr. Filho each disclaim beneficial ownership beyond their pecuniary interest.
AXIA Energia S.A. (AXIAY) director Pedro Batista de Lima Filho reported a series of indirect trades in Common Shares and Class "C" Preferred Shares on August 17, 2026, through managed accounts associated with several investment vehicles. The filing shows 36,600 shares purchased and 36,400 shares sold, for a small net purchase of 200 shares. All reported trades used weighted average prices originally executed in Brazilian reals and converted into U.S. dollars, and the investment vehicles and Mr. Filho each disclaim beneficial ownership beyond their pecuniary interest. The Class "C" preferred shares automatically convert into Common Shares at a 1:1 ratio in scheduled installments from 2026 through 2031. Separately, Mr. Filho also reports 51,115 Common Shares held directly.