Board member at Eletrobras (NYSE: EBR) awarded 10,639 RSUs

Rhea-AI Filing Summary

Dadald Pereira Marisete Fatima reported acquisition or exercise transactions in this Form 4 filing.

Brazilian Electric Power Co (Eletrobras) director Marisete Fatima Dadald Pereira received a grant of 10,639 restricted stock units (RSUs). Each RSU is economically equivalent to one common share and is settled 1-for-1 in common shares under the company’s restricted share-based compensation program for the Board of Directors.

The award increased her directly held RSUs to 51,115 following the transaction. The filing notes that the reported RSU amount reflects an adjustment linked to a bonus stock issuance in December 2025 that created Class “C” preferred shares, with no additional consideration paid by the director for this adjustment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dadald Pereira Marisete Fatima

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	10,639	$0.00	--

Holdings After Transaction: Restricted Stock Units — 51,115 shares (Direct)

Footnotes (1)

1. Each restricted stock unit ("RSU") is the economic equivalent of one Common Share, is settled in Common Shares on a 1:1 basis, and was issued pursuant to the Eletrobras -Brazilian Electric Power Co.'s (the "Company") restricted share based compensation program. These RSUs are reserved for the Board of Directors. The number of RSUs reported herein reflects an adjustment made pursuant to the reporting person's RSU award agreement in connection with the bonus stock issuance carried out by the Company in December 2025, which resulted in the creation and issuance of the Class "C" Preferred Shares. No additional consideration was paid by the reporting person in connection with such adjustment.

Form 4 Insider Transactions: What Each Field Means →

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

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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^*

Dadald Pereira Marisete Fatima

(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
BRAZILIAN ELECTRIC POWER CO [ 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

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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
Restricted Stock Units	03/20/2026		A		10,639	A	(1)	51,115(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each restricted stock unit ("RSU") is the economic equivalent of one Common Share, is settled in Common Shares on a 1:1 basis, and was issued pursuant to the Eletrobras -Brazilian Electric Power Co.'s (the "Company") restricted share based compensation program. These RSUs are reserved for the Board of Directors.

2. The number of RSUs reported herein reflects an adjustment made pursuant to the reporting person's RSU award agreement in connection with the bonus stock issuance carried out by the Company in December 2025, which resulted in the creation and issuance of the Class "C" Preferred Shares. No additional consideration was paid by the reporting person in connection with such adjustment.

Remarks:

	/s/ Marisete Fatima Dadald Pereira	03/23/2026
	** 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)

FAQ

What did the EBR director receive in this Form 4 filing?

The director received 10,639 restricted stock units (RSUs) in Brazilian Electric Power Co. Each RSU is economically equivalent to one common share and forms part of the company’s restricted share-based compensation program reserved for its Board of Directors.

How many restricted stock units does the EBR director hold after this grant?

After the grant, the director holds 51,115 restricted stock units. This figure reflects her total direct RSU position reported in the filing and shows the updated balance of equity-based compensation tied to Brazilian Electric Power Co common shares.

Are the granted RSUs for EBR’s director equivalent to common shares?

Yes, each restricted stock unit is the economic equivalent of one common share and is settled in common shares on a 1:1 basis. This means the director’s RSUs closely mirror direct share ownership for economic purposes when they ultimately settle.

Did the EBR director pay any cash for the RSU adjustment?

No, the filing states that no additional consideration was paid by the director for the RSU adjustment. The number of RSUs was adjusted under her award agreement following a bonus stock issuance completed by the company in December 2025.

Why was the number of RSUs for the EBR director adjusted?

The RSU count was adjusted pursuant to the director’s RSU award agreement after a bonus stock issuance by the company in December 2025. That corporate action created Class “C” preferred shares, and the adjustment aligned the equity award terms with the new capital structure.

Are these EBR RSUs part of a specific compensation plan?

Yes, the RSUs were issued under Eletrobras – Brazilian Electric Power Co’s restricted share-based compensation program. The filing specifies that these RSUs are reserved for members of the Board of Directors, reflecting equity-linked compensation rather than open-market share purchases.