STOCK TITAN

Petrobras director Marcelo Weick Pogliese sells shares

The director reported zero holdings in both PETR3 and PETR4 after the sales.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

PBR director Marcelo Weick Pogliese sold 46 PETR3 shares at a reported $10.44 per share and 225 PETR4 shares at a weighted-average reported $9.46 per share on September 14, 2026. The dollar prices are convenience conversions of 53.95 BRL and 48.91 BRL per share, respectively, using an exchange rate of 5.169 BRL per U.S. dollar. The reported post-sale holding was 0 shares in each class; no Rule 10b5-1 plan is reported.

Insider Pogliese Marcelo Weick
Role Director
Sold 271 shs ($3K)
Type Security Shares Price Value
Sale PETR3 F1 46 $10.44 $480.24
Sale PETR4 F2, F3 225 $9.46 $2K
Holdings After Transaction: PETR3 — 0 shares (Direct); PETR4 — 0 shares (Direct)
Footnotes (3)
  1. F1. The price reported in column 4 is a convenience conversion of the 53.95 BRL per share into U.S. dollars based on the Central Bank of Brazil exchange rate of 5.169 BRL per 1.00 USD on September 14th, 2026.
  2. F2. The price reported in column 4 is a convenience conversion of the (weighted average) price of 48.91 BRL per share into U.S. dollars based on the Central Bank of Brazil exchange rate of 5.169 BRL per 1.00 USD on September 14th, 2026.
  3. F3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $9.458 to $9.462, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
PETR3 shares sold 46 shares September 14, 2026
PETR3 reported price $10.44 per share Convenience conversion of 53.95 BRL per share on September 14, 2026
PETR3 post-sale holdings 0 shares After the September 14, 2026 transaction
PETR4 shares sold 225 shares September 14, 2026
PETR4 weighted-average reported price $9.46 per share Convenience conversion of 48.91 BRL per share; multiple transaction prices ranged from $9.458 to $9.462 per share, inclusive
PETR4 post-sale holdings 0 shares After the September 14, 2026 transaction
convenience conversion financial
"a convenience conversion of the 53.95 BRL per share into U.S. dollars"
weighted average price financial
"Weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Central Bank of Brazil exchange rate financial
"based on the Central Bank of Brazil exchange rate"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PBR shares did Marcelo Weick Pogliese sell, and at what prices?

On September 14, 2026, PBR director Marcelo Weick Pogliese sold 46 PETR3 shares at a reported $10.44 per share and 225 PETR4 shares at a weighted-average reported $9.46 per share. The reported post-sale position was 0 shares in each class, and no Rule 10b5-1 plan is reported.

What was the price range for Marcelo Weick Pogliese's PBR PETR4 sales?

The 225 PETR4 shares were sold in multiple transactions at prices ranging from $9.458 to $9.462 per share, inclusive. The reported $9.46 per-share figure is the weighted average.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pogliese Marcelo Weick

(Last)(First)(Middle)
28, HENRIQUE VALADARES AVE
19TH FLOOR, A TOWER

(Street)
RIO DE JANEIRORIO DE JANEIRO20231-030

(City)(State)(Zip)

BRAZIL

(Country)
2. Issuer Name and Ticker or Trading Symbol
PETROBRAS - PETROLEO BRASILEIRO SA [ PBR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[PETR4]
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
PETR309/14/2026S46D$10.44(1)0D
PETR409/14/2026S225D$9.46(2)(3)0D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in column 4 is a convenience conversion of the 53.95 BRL per share into U.S. dollars based on the Central Bank of Brazil exchange rate of 5.169 BRL per 1.00 USD on September 14th, 2026.
2. The price reported in column 4 is a convenience conversion of the (weighted average) price of 48.91 BRL per share into U.S. dollars based on the Central Bank of Brazil exchange rate of 5.169 BRL per 1.00 USD on September 14th, 2026.
3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $9.458 to $9.462, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
/s/ Marcelo Weick Pogliese10/16/2026
** 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 4 (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 4: SEC 1474 (03-26)

Keep reading