How was the AXIA Energia (EBR) share sale price converted from BRL to USD?

The sale price was originally BRL 66.45 per share and converted using the U.S. Treasury’s Treasury Reporting Rates of Exchange. A rate of 5.2540 Brazilian reals per U.S. dollar produced the reported U.S. price of $12.65 per AXIA Energia share.

AXIA Energia (NYSE: EBR) officer sells 15K shares in open market

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

AXIA Energia S.A. officer Limp Nascimento Rodrigo executed an open-market sale of 15,000 common shares on April 15, 2026 at a converted price of $12.65 per share. The sale price reflects BRL 66.45 per share translated using a 5.2540 BRL/USD exchange rate. Following this transaction, the officer directly holds 120,775 common shares of the company.

Insights

Officer sells 15,000 AXIA Energia shares, retains sizable stake.

An officer of AXIA Energia S.A., Limp Nascimento Rodrigo, reported an open-market sale of 15,000 common shares at a converted price of $12.65 per share. The pricing reflects a BRL 66.45 trade translated using a 5.2540 BRL/USD exchange rate.

After the sale, the officer still directly owns 120,775 common shares, indicating a remaining substantial position. The filing shows no derivative holdings and describes a straightforward cash sale, suggesting a routine liquidity event rather than a complex restructuring or option exercise.

From an investment perspective, this is a single insider sale and does not, on its own, signal a change in the company’s fundamentals. Future ownership updates in subsequent filings will provide additional context on any ongoing changes in insider positions.

Insider Trade Summary

Net Seller: 15,000 shares ($189,750)

Net Sell 1 txn

Insider Limp Nascimento Rodrigo

Role See Remarks*

Sold 15,000 shs ($190K)

Type	Security	Shares	Price	Value
Sale	Common Shares	15,000	$12.65	$190K

Holdings After Transaction: Common Shares — 120,775 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 15,000 shares Sale price (USD): $12.65 per share Sale price (BRL): BRL 66.45 per share +2 more

5 metrics

Shares sold 15,000 shares Open-market sale of common shares on April 15, 2026

Sale price (USD) $12.65 per share Converted sales price reported for the transaction

Sale price (BRL) BRL 66.45 per share Original price denominated in Brazilian reals

FX rate 5.2540 BRL per USD Treasury Reporting Rates of Exchange as of March 31, 2026

Shares held after 120,775 shares Direct AXIA Energia share ownership following the sale

Key Terms

open-market sale, Treasury Reporting Rates of Exchange, Brazilian reals ("BRL"), U.S. dollars ("USD")

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Treasury Reporting Rates of Exchange financial

"using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange"

Brazilian reals ("BRL") financial

"The sales price of the common shares, $66,45 per share, was denominated in Brazilian reals ("BRL")."

U.S. dollars ("USD") financial

"which has been converted to U.S. dollars ("USD") using the U.S. Department of the Treasury"

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 08:46 AM

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^*

Limp Nascimento Rodrigo

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	04/15/2026		S		15,000	D	$12.65⁽¹⁾	120,775	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales price of the common shares, $66,45 per share, was denominated in Brazilian reals ("BRL"). which 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 March 31, 2026 (the most recently published quarterly rate, applicable to transactions occurring through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). The converted sales price reported herein is $12.65 per share. Brokerage commissions and other costs of execution, if any, have been excluded from the reported price.

Remarks:

*Executive Vice-President of Regulation, Institutional, Market Regulation and Corporate Relations

	/s/ Rodrigo Limp Nascimento	04/17/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did AXIA Energia (EBR) report in this Form 4?

AXIA Energia reported that officer Limp Nascimento Rodrigo completed an open-market sale of 15,000 common shares. The transaction used a converted U.S. dollar price of $12.65 per share, based on a Brazilian real-denominated trade and a specified exchange rate.

At what price did the AXIA Energia (EBR) officer sell the 15,000 shares?

The 15,000 AXIA Energia common shares were sold at a converted price of $12.65 per share. This reflects an original price of BRL 66.45 per share translated into U.S. dollars using a 5.2540 BRL per USD Treasury exchange rate.

How many AXIA Energia (EBR) shares does the insider hold after the sale?

Following the reported sale, officer Limp Nascimento Rodrigo directly holds 120,775 AXIA Energia common shares. This post-transaction figure shows the officer retains a significant ongoing equity position in the company after selling the 15,000-share block.

Was the AXIA Energia (EBR) insider transaction a buy or a sell?

The Form 4 shows a sell transaction, specifically an open-market sale of common shares. The officer disposed of 15,000 shares at a converted price of $12.65 per share, reducing but not eliminating his direct holdings in AXIA Energia S.A.