PETROBRAS - PETROLEO BRASILEIRO SA director Jeronimo Antunes has filed an initial Form 3, which is a statement of beneficial ownership by an insider. This filing establishes his status as a reporting person and does not list any buy, sell, or other share transactions in the provided data.
PETROBRAS - PETROLEO BRASILEIRO SA CEO Magda Maria de Regina Chambriard filed an initial ownership report showing holdings of phantom shares under the Petrobras Performance Award Program. These phantom shares are referenced to the PETR3 common share price and are settled in cash when they vest.
The deferred portion of this award vests in four equal annual instalments starting on May 1, 2026, with additional phantom shares credited proportionally whenever the company pays dividends or interest on equity. This filing outlines compensation-linked phantom share units rather than open-market share purchases or sales.
PETROBRAS - PETROLEO BRASILEIRO SA Chief Financial Officer Fernando Sabbi Melgarejo reported phantom share awards linked to PETR3 common shares. These phantom shares are granted under the Petrobras Performance Award Program, reference the PETR3 share price, and are settled in cash upon vesting.
The deferred portion of the award vests in four equal annual instalments starting on May 1, 2026, with additional phantom shares credited proportionally when the company pays dividends or interest on equity. Each instalment references 1,711.1000 PETR3 common shares under this cash-settled plan.
PETROBRAS - PETROLEO BRASILEIRO SA executive William Franca Da Silva, Chief Product Officer, filed an initial ownership report showing holdings of cash-settled phantom share awards. These awards are tied to the PETR3 common share price, vest in four equal annual instalments, and receive additional phantom credits when dividends or interest on equity are paid.
Petróleo Brasileiro S.A. – Petrobras reports that its Board of Directors approved the company’s adherence to Brazil’s new economic subvention program for road diesel oil commercialization, created by Provisional Measure No. 1,340 of March 12, 2026. Participation in this diesel subsidy program is optional, and the company states that joining is compatible with its interests.
The adherence will only become effective after the related regulatory instruments on the reference price are published and analyzed by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP). Petrobras emphasizes that it will maintain its commercial strategy focused on market share, optimization of refining assets, and sustainable profitability, aiming to avoid passing short-term swings in international prices and exchange rates directly into domestic fuel prices. The company states that adherence preserves its flexibility in implementing this strategy and reiterates its commitment to responsible, balanced, and transparent conduct.
PETROBRAS - PETROLEO BRASILEIRO SA executive Sylvia Maria Couto Dos Anjos, Chief Upstream Officer, reported her initial beneficial holdings. The filing shows phantom shares referenced to PETR3 common share prices, each tranche tied to 1,687.0500 underlying shares vesting annually from 2026 through 2029 and settled in cash. She also directly holds 9,693.0000 PETR4 shares, reflecting her personal equity exposure to Petrobras alongside the performance-based phantom share awards.
PETROBRAS - PETROLEO BRASILEIRO SA executive Clarice Coppetti, Chief Corporate Affairs Officer, reported her initial holdings of phantom shares tied to PETR3 common shares. These entries show compensation-related positions rather than open-market buying or selling.
The filing lists several phantom share tranches with underlying PETR3 amounts, including 3,211.1500 shares scheduled to vest on May 1, 2025, and 6,581.8000 shares vesting on May 1, 2026, 2027, and 2028, plus 3,370.6600 shares vesting on May 1, 2029. According to the program terms, these phantom shares are settled in cash on vesting and receive proportional additional credits when Petrobras pays dividends or interest on equity.
PETROBRAS - PETROLEO BRASILEIRO SA filed a Form 3 for Chief Sustainability Officer Laureano Angelica Garcia Cobas, detailing initial indirect share holdings. The filing reports indirect ownership of 2,010 PETR3 shares and 2,685 PETR4 shares held by an immediate family member, with no explicit buy or sell transactions disclosed.
Petrobras reports that in 2025 it paid R$277.6 billion in taxes and Government Take in Brazil, a 3% increase from the prior year, and US$448.65 million in taxes abroad. Over the past five years, the company has contributed more than R$1.3 trillion to Brazilian public finances.
Brazilian payments included R$68.6 billion in Government Take such as royalties and special participation, R$93.3 billion in federal taxes and R$113.8 billion in state ICMS, plus R$1.9 billion to municipalities. Petrobras also distributed R$45.2 billion in dividends and interest on equity in 2025 and reports an effective tax rate above 25%. The filing details use of R$8.9 billion in federal tax incentives, the impact of Brazil’s new Dual VAT tax reform, and the heavy tax load embedded in gasoline, diesel and LPG prices paid by consumers.
PETROBRAS - PETROLEO BRASILEIRO SA director files initial ownership report
Renato Campos Galuppo, identified as a director of PETROBRAS - PETROLEO BRASILEIRO SA, submitted a Form 3 as an initial statement of beneficial ownership. The filing does not report any insider trades, with no purchases, sales, exercises, gifts, or other transactions listed.