Every Form 4 that Centrais Elétricas Brasileiras S.A.- Eletrobrás American (EBR) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow EBR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EBR filings page.
AXIA Energia S.A. director Corso Matte Ana Silvia reported a mandatory share conversion tied to the company’s migration to the Novo Mercado listing segment of B3. On June 5, 2026, 3,000 Class “B1” Preferred Shares were disposed of back to the issuer and exchanged for 3,300 Common Shares, with no cash changing hands.
Following the exchange, the reporting person holds 17,500 Common Shares directly and 1,000 Common Shares indirectly through a spouse. The filing reflects a corporate restructuring of share classes rather than an open-market purchase or sale.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported a mandatory share conversion tied to the company’s migration to the Novo Mercado listing segment of B3. On June 5, 2026, each outstanding Class "B1" Preferred Share was exchanged for 1.1 Common Shares, with no cash changing hands.
The filing shows the corresponding disposal of multiple blocks of Class "B1" Preferred Shares and the acquisition of matching blocks of Common Shares in various managed accounts, such as Maliko and Manuka. Following the Exchange, he also reports 51,115 Common Shares held directly. Filho and the managed accounts disclaim beneficial ownership beyond their pecuniary interests.
AXIA Energia S.A. director Corso Matte Ana Silvia reported an open-market purchase of 1,000 common shares, increasing her direct ownership to 14,200 shares. The filing also shows 1,000 shares held indirectly through her spouse. No derivative positions are listed, so her exposure is entirely in common shares.
Entities managed by Radar Gestora and associated with AXIA Energia S.A. director Pedro Batista de Lima Filho reported multiple open-market trades in AXIA Energia securities on June 3, 2026. The managed accounts bought and sold both Common Shares and Class “B1” Preferred Shares, resulting in net selling activity.
Across all reported trades, the managed accounts bought 45,000 shares and sold 400,000 shares, a net sale of 355,000 shares. Reported transaction prices use weighted average prices, stated in Brazilian reals and converted to U.S. dollars at 5.2540 BRL per USD using a U.S. Treasury exchange rate as of March 31, 2026.
After these trades, selected managed accounts held large residual positions, including 14,124,400 Class “B1” Preferred Shares and 799,250 Common Shares. The director is also shown with a direct holding of 51,115 Common Shares. Footnotes state that the entities and Mr. Filho disclaim beneficial ownership beyond their pecuniary interest.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported indirect open-market sales of the company’s shares through managed accounts. On June 1, 2026, four sales totaled 555,300 shares. Two trades in Class "B1" Preferred Shares were for 17,500 and 54,800 shares at $10.72 per share. Two trades in Common Shares were for 116,900 and 366,100 shares at $9.75 per share.
The accounts involved are managed by Radar Gestora de Recursos Ltda., where Mr. Filho is a partner. Footnotes state that entities such as Maliko, Radar, Manuka, Tucurui, Xingo, and Infrad, together with Mr. Filho, disclaim beneficial ownership except to the extent of their pecuniary interest. After these transactions, reported holdings include 14,179,000 Class "B1" Preferred Shares and 390,500 Common Shares in certain managed accounts, plus 51,115 Common Shares held directly.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported mixed trades in AXIA common and preferred shares through multiple managed accounts on May 29, 2026. Accounts managed by Radar Gestora bought 1,448,500 shares and sold 2,462,800, a net sale of 1,014,300 shares overall. Filho holds 51,115 common shares directly, while the managed accounts continue to hold large indirect positions. Footnotes state the accounts and Filho disclaim beneficial ownership except for their pecuniary interest.
AXIA Energia S.A. officer Camila Gualda Sampaio Araujo reported an open-market sale of 5,800 common shares on June 1, 2026. The weighted average price was $9.78 per share, based on a price of 51.38 BRL per share converted at 5.2540 BRL per USD. After this transaction, she directly holds 77,277 common shares of AXIA Energia S.A.
AXIA Energia S.A. director Pedro Batista de Lima Filho filed a Form 4 showing net open-market sales of 504,000 shares of AXIA securities on May 27, 2026 through managed accounts. The transactions include sales of Class “B1” preferred shares at $11.07 per share and common shares at $10.06 per share.
The filing attributes these trades to investment vehicles such as MALIKO INVESTMENTS LLC and several Brazilian funds managed by Radar Gestora de Recursos, where Mr. Filho is a partner and receives performance-based compensation. Footnotes state that both Mr. Filho and the funds disclaim beneficial ownership beyond their economic interest.
After these trades, the managed accounts continue to hold sizeable positions, including 15,127,400 Class “B1” preferred shares and 1,474,400 common shares in certain accounts, plus 51,115 common shares held directly. Reported prices are weighted averages in Brazilian reals (BRL), converted to U.S. dollars using a 5.2540 BRL per USD exchange rate.
Investment vehicles managed by Radar Gestora, with AXIA Energia S.A. director Pedro Batista de Lima Filho as a partner, reported open-market sales of a net 234,300 AXIA shares on Class "B1" Preferred Shares and Common Shares.
The sales were executed at weighted average prices of 54.35 BRL59.77 BRL5.2540 BRL per USD$10.34 and $11.38 per share. Following these trades, individual managed accounts still show substantial positions, including 4,498,777524,546
The footnotes state that entities such as Maliko Investments LLC, Manuka Investments LLC, and several Brazilian investment funds are portfolio-managed by Radar Gestora. Each entity and Mr. Filho disclaim beneficial ownership of the reported securities except to the extent of any pecuniary interest, emphasizing these are transactions by managed accounts rather than personal trades.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported multiple open-market sales in accounts he is associated with through his role at Radar Gestora de Recursos Ltda. On May 20, 2026, managed accounts sold a combined 941,500 shares of AXIA Energia, including Class “B1” preferred and common shares.
Class “B1” preferred share sales included blocks of 10,400, 12,800, 12,900 and 43,700 shares at a reported price of $11.53 per share. Common share sales included blocks of 112,000, 138,700, 139,200 and 471,800 shares at $10.51 per share. Footnotes state these prices reflect weighted averages originally in Brazilian reals and converted to U.S. dollars using a 5.2540 BRL per USD exchange rate as of March 31, 2026.
The filing explains that the shares are held in managed accounts such as Maliko Investments LLC and several Brazilian investment funds overseen by Radar Gestora. Filho is a partner of Radar Gestora and receives performance-based compensation, and he and the related entities disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported multiple portfolio trades in AXIA shares by Brazilian investment vehicles he is associated with. On May 18, 2026, managed accounts executed open‑market purchases and sales of Class "B1" Preferred Shares, Common Shares, and Class "C" Preferred Shares, resulting in a net sale of 701,600 shares across the reported transactions.
The filing shows 6 open‑market purchases and 10 open‑market sales, with example prices of $11.38 per Class "B1" Preferred Share, $10.35 and $10.34 per Common Share, and $9.98 per Class "C" Preferred Share. Footnotes state these are weighted average prices in Brazilian reais, converted to U.S. dollars using a 5.2540 BRL per USD rate.
Filho is a partner at Radar Gestora de Recursos Ltda., which manages entities including Maliko, Manuka, Radar, Infrad, Tucurui, and Xingo. The filing explains that these entities and Filho may be deemed to indirectly beneficially own the reported securities, but each disclaims beneficial ownership except to the extent of pecuniary interest. The report also notes remaining indirect holdings of Class "C" Preferred Shares that are automatically convertible into Common Shares at a 1:1 ratio under the company’s bylaws.
AXIA Energia S.A. director-associated investment vehicles managed by Radar Gestora de Recursos reported net open-market sales of 861,500 shares of AXIA Energia securities on May 15, 2026. The trades involved both Class “B1” preferred shares and common shares, executed at reported weighted average prices in Brazilian reals converted into U.S. dollars.
These positions are held in managed accounts such as Maliko, Manuka, Radar, Infrad, Tucurui and Xingo, where Pedro Batista de Lima Filho is a partner of Radar Gestora and receives performance-based compensation. The filing states that both the vehicles and Mr. Filho disclaim beneficial ownership of the reported securities except to the extent of any pecuniary interest.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported open-market sales of AXIA shares executed through managed accounts on May 13, 2026. Accounts managed by Radar Gestora de Recursos sold a total of 666,300 shares, including Class "B1" preferred and common shares, in multiple transactions.
The non-derivative sales were reported at prices of $11.72 per Class "B1" Preferred Share and $10.62 per Common Share, with related footnotes also disclosing weighted average prices in Brazilian reals. These holdings are indirect, and both the accounts and Mr. Filho disclaim beneficial ownership except for any pecuniary interest.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported open-market sales of a combined 646,900 shares of AXIA securities on managed accounts associated with him. The sales included both Class "B1" preferred shares and common shares.
The Class "B1" preferred sales were executed at about $11.96 per share, while common share sales were at about $10.91 per share. After these transactions, the filing shows that various managed accounts and direct holdings continue to own multiple blocks of AXIA common and preferred shares, with beneficial ownership disclaimed except for Filho’s pecuniary interest.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported multiple open‑market purchases and sales of Common, Class "B1" Preferred, and Class "C" Preferred Shares on May 8, 2026, executed through various managed accounts. Across all trades, the accounts bought 4,144,000 shares and sold 4,426,200 shares, a net sale of 282,200 shares. Reported prices included about $11.18 per Common Share and $12.29 per Class "B1" Preferred Share. Filho directly holds 51,115 Common Shares, while the indirect positions are managed by entities such as Maliko, Manuka, Tucurui, Xingo, Radar and Infrad, with both those entities and Filho disclaiming beneficial ownership beyond their pecuniary interest. The Class "C" Preferred Shares are automatically convertible into Common Shares on a 1:1 basis in stages from fiscal year 2026 through 2031.
AXIA Energia S.A. director Corso Matte Ana Silvia reported open-market purchases of 2,000 common shares. On May 8, 2026, 1,000 shares were bought indirectly through a spouse at about $11.20 per share and 1,000 shares were bought directly at about $11.19 per share.
The filing shows 1,000 common shares held indirectly by spouse and 13,200 common shares held directly following these transactions. The reported U.S. dollar prices reflect conversion from Brazilian real purchase prices of $58.83 and $58.80 per share using a 5.2540 BRL per USD exchange rate.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported indirect share sales executed by managed investment vehicles he is associated with. On April 20, 2026, accounts managed by Radar Gestora de Recursos Ltda. sold 400,000 Class "B1" Preferred Shares at $13.40 per share and 997,982 Common Shares at $12.20 per share in open-market or private transactions. They also sold 1,084,200 Class "C" Preferred Shares, linked to Common Shares, at $11.70 per share. Footnotes explain that entities such as Maliko and Manuka are portfolio vehicles of Radar Gestora and that both these entities and Mr. Filho disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest. After the transactions, Manuka directly holds 148,050 Common Shares, 7,285,300 Preferred "B1" Shares and 1,327,766 Class "C" Shares of AXIA Energia.
AXIA Energia S.A. director Pedro Batista de Lima Filho reported indirect open-market sales of AXIA securities by investment vehicles managed by Radar Gestora, where he is a partner. Managed accounts sold a total of 1,980,500 shares across Common, Class "B1" Preferred and Class "C" Preferred shares. One transaction involved 360,600 Class "B1" Preferred Shares at $13.39 per share, and another 1,280,000 Common Shares at $12.20 per share, both listed as indirect holdings "by managed account." A further 339,900 Class "C" Preferred Shares, linked to 339,900 underlying Common Shares, were also sold. Footnotes state that entities such as MANUKA INVESTMENTS LLC directly hold 1,146,032 Common Shares, 7,685,300 Class "B1" Preferred Shares and 2,411,966 Class "C" Preferred Shares after these transfers, which Filho may be deemed to indirectly beneficially own but for which he and the entities disclaim beneficial ownership except to the extent of pecuniary interest. Reported BRL prices were converted to U.S. dollars using a 5.2540 BRL per USD exchange rate as of March 31, 2026.
AXIA Energia S.A. director Corso Matte Ana Silvia made an open-market purchase of common shares. The transaction involved buying 500 shares at a converted price of $12.05 per share, bringing direct holdings to 12,200 shares after the trade.
The price was originally 63.31 BRL per share and was converted to U.S. dollars using a Brazilian real to U.S. dollar exchange rate of 5.2540 BRL per USD, based on U.S. Treasury reporting rates. Brokerage commissions and execution costs are excluded from the reported price.
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.
Brazilian Electric Power Co executive Rodrigo Limp Nascimento reported a tax-related share disposition linked to RSU vesting. On March 30, 2026, the company withheld 12,403 common shares to cover withholding taxes when fifty percent of his restricted stock units vested. After this non-market, tax-withholding transaction, he directly held 135,775 common shares, RSUs, and vested units in total, reflecting a routine compensation and tax event rather than an open-market sale.
Brazilian Electric Power Co executive Camila Gualda Sampaio Araujo reported a tax-related share disposition tied to RSU vesting. On the vesting of restricted stock units, 8,269 common shares were withheld by the company to cover applicable withholding taxes rather than sold on the market.
Each restricted stock unit is economically equivalent to one common share and is settled in shares on a 1:1 basis under the company’s restricted share based compensation program for executive officers. After this tax-withholding event, the executive’s combined position in vested RSUs (net of tax), unvested RSUs, and common shares totals 103,652 units.
Eletrobras – Brazilian Electric Power Co executive Elio Gil de Meirelles Wolff reported a routine tax withholding related to equity compensation. On March 30, 2026, the company withheld 2,068 Common Shares to cover applicable withholding taxes triggered by the vesting of restricted stock units (RSUs).
This was not an open-market sale but a payment of tax liability using shares. Each RSU is economically equivalent to one Common Share and settles 1:1 under the company’s restricted share based compensation program for executive officers. After this transaction, the executive’s combined position, including vested RSUs (net of tax), unvested RSUs, and Common Shares, totals 25,911 shares.
Brazilian Electric Power Co (Eletrobras) director Ana Silvia Corso Matte increased her stake through an open-market purchase. She bought 500 Class "C" Preferred Shares at $9.97 per share, bringing her direct holdings in this class to 5,300 shares.
These Class "C" Preferred Shares automatically convert into Common Shares on a 1:1 basis under the company’s bylaws, with 4% of the originally issued Class "C" Preferred Shares converting in each fiscal year from 2026 to 2030 and all remaining shares converting in fiscal year 2031, assuming they are not redeemed earlier.
de Souza Monteiro Ivan reported acquisition or exercise transactions in this Form 4 filing.
BRAZILIAN ELECTRIC POWER CO (Eletrobras) reported that executive officer Ivan de Souza Monteiro received an adjusted grant of 46,530 restricted stock units (RSUs) on March 20, 2026. Each RSU equals one common share and is reserved for executive officers under the company’s share-based compensation program. The RSU count reflects an adjustment linked to the company’s December 2025 bonus stock issuance that created Class C preferred shares, with no additional consideration paid by the executive. Following this adjustment, he holds 223,558 RSUs directly.
Brazilian Electric Power Co (Eletrobras) reported that executive officer Rodrigo Limp Nascimento acquired 18,774 Restricted Stock Units as a compensation-related award. Each RSU equals one common share and is settled on a 1:1 basis under the company’s restricted share-based compensation program.
The filing explains that the 18,774 RSUs reflect an adjustment required by his RSU award agreement following the company’s December 2025 bonus stock issuance, which created Class "C" preferred shares. No additional consideration was paid by the executive for this adjustment. After the change, he holds 90,202 RSUs directly.
BRAZILIAN ELECTRIC POWER CO (Eletrobras) reported that executive officer Camila Gualda Sampaio Araujo acquired 12,516 restricted stock units (RSUs) as a grant or award. Each RSU equals one common share and is settled 1-for-1 in common shares under the company’s restricted share-based compensation program.
Following this grant, the reporting person holds 60,135 RSUs directly. A footnote explains that the RSU quantity reflects an adjustment tied to a bonus stock issuance in December 2025, when Class “C” preferred shares were created, with no additional consideration paid by the officer.
Brazilian Electric Power Co executive officer Elio Gil de Meirelles Wolff reported an acquisition of restricted stock units under the company’s share-based compensation program. The filing shows 3,129 restricted stock units credited, bringing his reported holdings to 15,034 units.
Each RSU is economically equivalent to one common share and settles in common shares on a 1:1 basis. The footnotes explain that the RSU amount reflects an adjustment under his award agreement following a bonus stock issuance in December 2025 that created Class “C” preferred shares, with no additional consideration paid by him for this adjustment.
de Siqueira Freitas Marcelo reported acquisition or exercise transactions in this Form 4 filing.
Brazilian Electric Power Co
Eletrobras – Brazilian Electric Power Co. director Felipe Villela Dias reported an acquisition of 10,639 restricted stock units (RSUs), bringing his direct RSU holdings to 51,115. Each RSU equals one common share and was granted under the company’s restricted share-based compensation program for the Board of Directors.
The filing notes that the RSU amount reflects an adjustment under his award agreement following the company’s December 2025 bonus stock issuance that created Class “C” preferred shares. The director paid no additional consideration for this adjustment, underscoring that this is a compensation-related, non-cash change rather than a market purchase.
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.
Batista de Lima Filho Pedro reported acquisition or exercise transactions in this Form 4 filing.
Brazilian Electric Power Co (Eletrobras) director Pedro Batista de Lima Filho received 10,639 Restricted Stock Units on March 20, 2026 as a grant/award. Each RSU is economically equivalent to one common share and is settled in common shares on a 1:1 basis under the company’s restricted share-based compensation program for the Board of Directors.
The RSU amount reflects an adjustment made under his award agreement following the company’s December 2025 bonus stock issuance, which created Class “C” preferred shares. He did not pay any additional consideration for this adjustment, and his total reported RSU holdings after the transaction are 51,115 units.