Energy Co of Parana (ELPC) director details RSUs and share stake
Rhea-AI Filing Summary
Energy Co of Parana director Sales Pedro Franco has updated his equity holdings. The filing shows direct ownership of 228,544 common shares and restricted stock units tied to 44,915 underlying common shares. These RSUs carry a zero exercise price.
According to the award terms, the 44,915 RSUs vest in full on 04/25/2027, with each RSU converting into one common share, provided the director continues in service through that vesting date. The document does not report any new share purchases or sales, only the current equity position and vesting schedule.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sales Pedro Franco
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units ("RSUs") | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units ("RSUs") — 44,915 shares (Direct);
Common Shares — 228,544 shares (Direct)
Footnotes (1)
- F1. Unless earlier forfeited under the terms of the RSUs, the awards vest in full and each RSU converts into one common share of the Issuer on 04/25/2027, subject to the Reporting Person's continued service through such vesting date.
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FAQ
What insider position did Sales Pedro Franco report at ENERGY CO OF PARANA (ELPC)?
Sales Pedro Franco reported direct ownership of 228,544 common shares in ENERGY CO OF PARANA. He also reported restricted stock units linked to 44,915 underlying common shares, giving investors a clear view of both his current stake and pending equity awards.
How many restricted stock units does the ELPC director hold and what do they convert into?
The director holds restricted stock units tied to 44,915 underlying common shares. Each RSU converts into one common share of ENERGY CO OF PARANA, providing a potential future increase in his ownership if the vesting conditions are satisfied.
When do Sales Pedro Franco’s ELPC restricted stock units vest?
The restricted stock units are scheduled to vest in full on 04/25/2027. On that date, each RSU converts into one common share, subject to the director’s continued service through the vesting date, aligning his incentives with longer-term company performance.
Are there any purchase or sale transactions disclosed in this ELPC Form 3/A?
No purchase or sale transactions are disclosed; the entry reflects holdings only. The filing lists existing common share ownership and RSUs with a vesting schedule, without reporting new open-market buys, sales, gifts, or option exercises by the director.
What is the exercise price of the ELPC restricted stock units reported in this filing?
The restricted stock units carry an exercise price of 0.0000 per underlying common share. This means no additional cash payment is required upon vesting and conversion, making the RSUs a straightforward equity-based component of the director’s compensation package.