Energy Co of Parana (ELPC) director details RSUs and share holdings
Rhea-AI Filing Summary
Energy Co of Parana director Junior Geraldo Correa de Lyra filed an amended Form 3 updating his equity holdings. He reports 44,915 Restricted Stock Units (RSUs), each corresponding to one common share, and 24,844 common shares, all held directly.
The RSUs have a conversion price of zero and, unless forfeited, vest in full on 04/25/2027, when each RSU converts into one common share, subject to his continued service through that vesting date. The filing does not show any new purchases or sales, only current ownership positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Junior Geraldo Correa de Lyra
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units ("RSUs") | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units ("RSUs") — 44,915 shares (Direct);
Common Stock — 24,844 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3/A for ENERGY CO OF PARANA (ELPC) disclose?
The Form 3/A shows director Junior Geraldo Correa de Lyra’s current equity holdings, including Restricted Stock Units and common shares. It is an amended initial ownership report and does not reflect new buy or sell transactions, only updated positions.
How many RSUs does Junior Geraldo Correa de Lyra hold in ELPC?
He holds RSUs corresponding to 44,915 underlying common shares. Each RSU converts into one common share, subject to vesting conditions. The RSUs have a stated exercise price of zero, meaning no cash payment is required at conversion under the award terms.
When do Junior Geraldo Correa de Lyra’s ELPC RSUs vest?
The RSUs vest in full on 04/25/2027, unless forfeited earlier under the RSU terms. On that date, each RSU converts into one common share, provided he continues to serve through the vesting date as required by the award conditions.
Does the ELPC Form 3/A show any insider buying or selling activity?
No, the filing only lists existing holdings as “holding” entries and classifies both transactions with unknown codes. The transaction summary shows zero buy or sell shares, indicating no reported purchases or sales, just current ownership positions and RSU awards.
What conditions apply to the ELPC RSUs held by Junior Geraldo Correa de Lyra?
The RSUs may be forfeited if conditions are not met and will vest in full on 04/25/2027 only if he continues in service through that date. Upon vesting, each RSU converts into one common share of the issuer.