Petrobras exec holds 194.73 phantom award shares

PETROBRAS - PETROLEO BRASILEIRO SA (PBR) reported that Chief Upstream Officer Sylvia Maria Couto Dos Anjos holds 194.73 phantom shares referenced to PETR3 common shares under the Petrobras Performance Award Program.

Rhea-AI Filing Summary

PETROBRAS - PETROLEO BRASILEIRO SA (PBR) reported that Chief Upstream Officer Sylvia Maria Couto Dos Anjos holds 194.73 phantom shares referenced to PETR3 common shares under the Petrobras Performance Award Program. These phantom shares are cash-settled upon vesting, vest in four equal annual installments, and receive proportional additional phantom credits when Petrobras pays dividends or interest on equity, including credits related to the August 21, 2026 dividend record date.

The filing also discloses a reference price of $9.30 per share, which is a convenience conversion of 47.99 BRL per PETR3 share using the 5.1619 BRL per 1.00 USD exchange rate on August 21, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dos Anjos Sylvia Maria Couto

Role Chief Upstream Officer

Type	Security	Shares	Price	Value
holding	Phantom Shares F1, F2, F3	--	--	--

Holdings After Transaction: Phantom Shares — 194.73 contracts (Direct)

Footnotes (3)

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.
2. F2. Closing price on August 21st, 2026, less the aggregate gross value of dividends with ex-dividend date on the same day. The price reported in column 2 is a convenience conversion of the 47.99 BRL per share into U.S. dollars based on the Central Bank of Brazil exchange rate of 5.1619 BRL per 1.00 USD on August 21st, 2026.
3. F3. Additional phantom shares credited as a result of dividend payment by Petrobras (record date of August 21st, 2026), as provided by Petrobras Performance Award Program's rules.

Key Figures

Phantom shares held: 194.73 phantom shares Reference PETR3 share price: 47.99 BRL per share Convenience USD share price: $9.30 per share +2 more

5 metrics

Phantom shares held 194.73 phantom shares Total phantom shares following the August 21, 2026 dividend-related credit

Reference PETR3 share price 47.99 BRL per share Closing price on August 21, 2026 for PETR3 common shares

Convenience USD share price $9.30 per share Conversion of 47.99 BRL per share using 5.1619 BRL per 1.00 USD on August 21, 2026

Exchange rate 5.1619 BRL per 1.00 USD Central Bank of Brazil rate on August 21, 2026 used for price conversion

Dividend record date August 21, 2026 Record date for Petrobras dividend that generated additional phantom share credits

Key Terms

Phantom shares, Performance Award Program, interest on equity, record date

4 terms

Phantom shares financial

"Phantom shares are granted pursuant to the Petrobras Performance Award Program."

Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.

Performance Award Program financial

"Phantom shares are granted pursuant to the Petrobras Performance Award Program."

interest on equity financial

"Additional phantom shares are credited proportionally upon the payment of dividends or interest on equity"

A payment a company makes to its shareholders that compensates them for the capital they provided, similar to how a lender receives interest on a loan. In some accounting or tax systems this payment is treated like interest rather than a regular dividend, which can change a company’s reported profit, cash flow and the taxable income of investors; that treatment affects shareholder returns and valuation.

record date financial

"dividend payment by Petrobras (record date of August 21st, 2026)"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

FAQ

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

What did PETROBRAS (PBR) disclose about Sylvia Dos Anjos in this Form 4?

The company disclosed that Chief Upstream Officer Sylvia Maria Couto Dos Anjos holds 194.73 phantom shares referenced to PETR3 common shares under the Petrobras Performance Award Program, which are settled in cash upon vesting and receive proportional credits when dividends or interest on equity are paid.

How many phantom shares linked to PETR3 does Sylvia Dos Anjos hold at Petrobras (PBR)?

Sylvia Maria Couto Dos Anjos holds 194.73 phantom shares referenced to PETR3 common shares under Petrobras’ Performance Award Program, as reported as the total following the most recent credited amount related to the August 21, 2026 dividend record date.

How are Petrobras (PBR) phantom shares under the Performance Award Program settled?

The phantom shares granted under the Petrobras Performance Award Program are settled in cash upon vesting. They are referenced to the PETR3 common share price, vest in four equal annual installments, and additional phantom shares are credited proportionally when Petrobras pays dividends or interest on equity.

What price per PETR3 share did Petrobras (PBR) reference in this phantom share disclosure?

The filing references a price of 47.99 BRL per PETR3 share, converted for convenience to $9.30 per share using the Central Bank of Brazil exchange rate of 5.1619 BRL per 1.00 USD on August 21, 2026.

Were the phantom shares for Sylvia Dos Anjos at Petrobras (PBR) reported under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), so these holdings and dividend-related phantom share credits were not reported as transactions made pursuant to a Rule 10b5-1 trading plan.

How do Petrobras (PBR) dividends affect Sylvia Dos Anjos’ phantom share balance?

Under the Petrobras Performance Award Program, additional phantom shares are credited proportionally when Petrobras pays dividends or interest on equity. The reported 194.73 phantom shares include additional credits from a dividend with a record date of August 21, 2026.

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

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Available on EDGAR 08/24/2026 - 05:33 PM EDT Accepted by SEC EDGAR 08/24/2026 - 05:32 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Dos Anjos Sylvia Maria Couto

(Last) (First) (Middle)

28, HENRIQUE VALADARES AVE

19TH FLOOR, A TOWER

(Street)

RIO DE JANEIRO RIO DE JANEIRO 20231-030

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Upstream Officer

2a. Foreign Trading Symbol
[PETR3]

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Shares(1)	$9.3(2)							(3)	(3)	PETR3	194.73		23,584.43	D

Explanation of Responses:

1. 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.

2. Closing price on August 21st, 2026, less the aggregate gross value of dividends with ex-dividend date on the same day. The price reported in column 2 is a convenience conversion of the 47.99 BRL per share into U.S. dollars based on the Central Bank of Brazil exchange rate of 5.1619 BRL per 1.00 USD on August 21st, 2026.

3. Additional phantom shares credited as a result of dividend payment by Petrobras (record date of August 21st, 2026), as provided by Petrobras Performance Award Program's rules.

	/s/ Sylvia Maria Couto dos Anjos	08/21/2026
	** Signature of Reporting Person	Date
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)