Braskem (BAK) legal chief reports preferred share and unit holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
BRASKEM SA executive Magela de Moraes Vilaca Netto Geraldo has filed an initial statement of holdings. As Exec. Officer & Head of Legal, she reports direct ownership of 33,810 Class A Preferred Shares and 76,383 Class A Preferred Share Units.
The 76,383 Class A Preferred Share Units each represent a contingent right to receive one Class A Preferred Share. According to the disclosure, these units vest on June 16, 2028, subject to conditions in the governing agreement, and will be settled in either Class A Preferred Shares, cash, or a combination at the issuer’s discretion. No buy or sell transactions are reported; this filing establishes her starting ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Magela de Moraes Vilaca Netto Geraldo
Role
Exec. Officer & Head of Legal
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Preferred Share Units | -- | -- | -- |
| holding | Class A Preferred Shares | -- | -- | -- |
Holdings After Transaction:
Class A Preferred Share Units — 76,383 shares (Direct);
Class A Preferred Shares — 33,810 shares (Direct)
Footnotes (1)
- These Class A Preferred Share Units vest on June 16, 2028, subject to certain other conditions set forth in the agreement. Each Class A Preferred Share Unit represents a contingent right to receive one Class A Preferred Share. The units will be settled in either Class A Preferred Shares or cash (or a combination thereof) at the discretion of the Issuer.
FAQ
What does the Braskem (BAK) Form 3 filing disclose for Magela de Moraes Vilaca Netto Geraldo?
The Form 3 discloses her initial ownership in Braskem securities. She directly holds 33,810 Class A Preferred Shares and 76,383 Class A Preferred Share Units, establishing her baseline stake as Exec. Officer & Head of Legal without reporting any recent buying or selling activity.
Does the Braskem (BAK) Form 3 show any stock purchases or sales by the executive?
No, the Form 3 does not show any purchases or sales. It is an initial ownership report listing existing holdings in Class A Preferred Shares and Class A Preferred Share Units, rather than documenting new market transactions or option exercises.