Petrobras (PBR) officer discloses 1,687.05 phantom shares in Form 3
Rhea-AI Filing Summary
PETROBRAS - PETROLEO BRASILEIRO SA executive Renata Faria Rodrigues Baruzzi Lopes, the Chief Engineering Officer, filed an initial ownership report showing 1,687.05 phantom shares. These phantom shares are tied to the PETR3 common share price, vest in four equal annual installments, are settled in cash, and receive additional credits when dividends or interest on equity are paid.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Lopes Renata Faria Rodrigues Baruzzi
Role
Chief Engineering Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
| holding | Phantom Shares | -- | -- | -- |
Holdings After Transaction:
Phantom Shares — 6,748.2 shares (Direct)
Footnotes (1)
- F1. Phantom shares are granted pursuant to the Petrobras Performance Award Program. The phantom shares are referenced to the PETR3 common share price and are settled in cash upon vesting. The deferred portion of the award vests in four equal annual instalments. Additional phantom shares are credited proportionally upon the payment of dividends or interest on equity by the Company.
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FAQ
What does the Form 3 for PBR report about Renata Lopes' holdings?
The Form 3 reports that Chief Engineering Officer Renata Faria Rodrigues Baruzzi Lopes holds 1,687.05 phantom shares. These reflect her initial reported beneficial ownership in Petrobras’ performance-based phantom share program as of the reported date.
Is there any buy or sell transaction in this PBR Form 3 filing?
No specific buy or sell transaction is reported in this Form 3. The entries are classified as holdings with an unknown transaction code, indicating disclosure of existing phantom share ownership rather than new market trades.