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Energy Co of Parana (ELPC) officer details shares and RSU awards

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

ENERGY CO OF PARANA officer Campos David (D.) has filed an initial ownership report showing equity holdings in the company. The filing lists 36,919 common shares held directly. It also reports two Restricted Stock Unit (RSU) awards tied to 34,642 and 34,643 underlying common shares.

According to the terms, one RSU grant is scheduled to vest in full and convert into common shares on 10/25/2026, and the other on 10/25/2027, in each case if he continues to serve through the vesting date. The RSUs have a stated exercise price of zero, reflecting their nature as share-based compensation rather than options.

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Insider Campos David (D.)
Role See Remarks
Type Security Shares Price Value
holding Restricted Stock Units ("RSUs") -- -- --
holding Restricted Stock Units ("RSUs") -- -- --
holding Common Share -- -- --
Holdings After Transaction: Restricted Stock Units ("RSUs") — 69,285 shares (Direct); Common Share — 36,919 shares (Direct)
Footnotes (2)
  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 10/25/2026, subject to the Reporting Person's continued service through such vesting date.
  2. F2. 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 10/25/2027, subject to the Reporting Person's continued service through such vesting date.
Direct common shares held 36,919 shares Total common shares following transaction entry
RSU tranche 1 underlying shares 34,642 shares Restricted Stock Units tied to common shares
RSU tranche 2 underlying shares 34,643 shares Second RSU grant tied to common shares
RSU exercise price $0.0000 per unit Exercise price for both RSU grants
First RSU vesting date 10/25/2026 Full vesting and conversion if service continues
Second RSU vesting date 10/25/2027 Full vesting and conversion if service continues
Restricted Stock Units ("RSUs") financial
"Unless earlier forfeited under the terms of the RSUs, the awards vest in full"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest in full financial
"the awards vest in full and each RSU converts into one common share"
converts into one common share financial
"each RSU converts into one common share of the Issuer on 10/25/2026"
continued service financial
"subject to the Reporting Person's continued service through such vesting date"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the ELPC Form 3 filing by Campos David report?

The Form 3 shows Campos David’s existing equity stake in ENERGY CO OF PARANA. It lists 36,919 common shares held directly plus two RSU awards that can convert into additional common shares if service-based vesting conditions are met on future dates.

How many ELPC common shares does Campos David currently hold?

The filing reports that Campos David directly holds 36,919 common shares of ENERGY CO OF PARANA. This figure represents his reported beneficial ownership of the company’s common equity at the time of the Form 3, excluding any additional shares that may later result from RSU vesting.

What RSU awards are disclosed for Campos David in ELPC?

Two RSU grants are disclosed, each referencing ENERGY CO OF PARANA common shares. One RSU block is tied to 34,642 underlying shares and the other to 34,643 underlying shares. These units are share-based compensation that may convert into common shares upon vesting.

When do Campos David’s ELPC RSUs vest and convert to shares?

One RSU award is scheduled to vest in full on 10/25/2026 and the other on 10/25/2027. In each case, vesting and conversion into common shares require Campos David’s continued service with ENERGY CO OF PARANA through the applicable vesting date.

What is the exercise price on Campos David’s ELPC RSUs?

The RSUs show an exercise price of 0.0000, meaning no cash payment is required upon conversion. Once the service-based vesting conditions are satisfied, each vested RSU is designed to convert into one common share of ENERGY CO OF PARANA without additional purchase cost.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Campos David (D.)

(Last)(First)(Middle)
JOSE IZIDORO BIAZETTO STREET,158
BLOCK A

(Street)
CURITIBAPARANA81200-240

(City)(State)(Zip)

BRAZIL

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
ENERGY CO OF PARANA [ ELPC ]
3a. Foreign Trading Symbol
[CPLE3]
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Share36,919D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units ("RSUs") (1) (1)Common Shares34,642(1)D
Restricted Stock Units ("RSUs") (2) (2)Common Shares34,643(2)D
Explanation of Responses:
1. 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 10/25/2026, subject to the Reporting Person's continued service through such vesting date.
2. 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 10/25/2027, subject to the Reporting Person's continued service through such vesting date.
Remarks:
Executive Director of Communication of Copel
/s/ David Campos04/02/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)