Petrobras (NYSE: PBR) CCO reports spouse-held PETR4 share trades
Rhea-AI Filing Summary
PETROBRAS - PETROLEO BRASILEIRO SA Chief Commercial Officer Laureano Angelica Garcia Cobas reported small, mixed insider trades in PETR4 shares held by a spouse. On April 2, 2026, the spouse made an open-market purchase of 1,000 PETR4 shares at a convenience-converted price of $9.49 per share, based on a 48.24 BRL price and an exchange rate of 5.1649 BRL per $1.00. On April 1, 2026, the spouse executed an open-market sale of 19 PETR4 shares at a convenience-converted price of $9.09 per share, reflecting a weighted average price of 46.89 BRL and an exchange rate of 5.1600 BRL per $1.00. Following these transactions and an adjustment for seven PETR4 shares that had been inadvertently overreported on a prior Form 3, the spouse’s indirect holdings attributed to Cobas totaled 3,659 PETR4 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 981 shares
Net Buy
2 txns
Insider
Laureano Angelica Garcia Cobas
Role
Chief Commercial Officer
Bought
1,000 shs ($9K)
Sold
19 shs ($172.71)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | PETR4 | 1,000 | $9.49 | $9K |
| Sale | PETR4 | 19 | $9.09 | $172.71 |
Holdings After Transaction:
PETR4 — 3,659 shares (Indirect, By spouse)
Footnotes (3)
- F1. The price reported in column 4 is a convenience conversion of the (weighted average) price of 46.89 BRL per share into U.S. dollars based on the Central Bank of Brazil exchange rate of 5.1600 BRL per 1.00 USD on April 1nd, 2026.
- F2. The price reported in column 4 is a convenience conversion of the purchase price of 48.24 BRL per share into U.S. dollars based on the Central Bank of Brazil exchange rate of 5.1649 BRL per 1.00 USD on April 2nd, 2026.
- F3. The number of PETR4 shares held by the Reporting Person's spouse has been adjusted for seven PETR4 shares inadvertently overreported on the Form 3 filed with the Securities and Exchange Commission on March 12, 2026.
Key Figures
PETR4 shares purchased: 1,000 shares
Purchase price per share: $9.49 per share
PETR4 shares sold: 19 shares
+4 more
7 metrics
PETR4 shares purchased
1,000 shares
Open-market purchase on April 2, 2026, indirect via spouse
Purchase price per share
$9.49 per share
Convenience conversion from 48.24 BRL at 5.1649 BRL/$1.00
PETR4 shares sold
19 shares
Open-market sale on April 1, 2026, indirect via spouse
Sale price per share
$9.09 per share
Convenience conversion from 46.89 BRL at 5.1600 BRL/$1.00
Net share change
981 shares
Net of 1,000 PETR4 bought and 19 sold, per summary
Shares held after transactions
3,659 shares
Indirect PETR4 holdings by spouse after trades and correction
Overreported PETR4 shares corrected
7 shares
Adjustment to spouse’s holdings from prior Form 3
Key Terms
open-market purchase, open-market sale, indirect ownership, convenience conversion, +1 more
5 terms
open-market purchase financial
"the spouse made an open-market purchase of 1,000 PETR4 shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
open-market sale financial
"the spouse executed an open-market sale of 19 PETR4 shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"the spouse’s indirect holdings attributed to Cobas totaled 3,659 PETR4 shares"
convenience conversion financial
"The price reported in column 4 is a convenience conversion of the purchase price"
weighted average financial
"a convenience conversion of the (weighted average) price of 46.89 BRL per share"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trades did Petrobras (PBR) report for Laureano Angelica Garcia Cobas?
Cobas reported spouse-held PETR4 trades: an open-market purchase of 1,000 shares on April 2, 2026, and an open-market sale of 19 shares on April 1, 2026. These transactions are reported as indirect ownership through the spouse.
What prices were paid and received in the recent PETR4 insider transactions at Petrobras (PBR)?
The 1,000-share PETR4 purchase used a convenience-converted price of $9.49 per share, based on 48.24 BRL and a 5.1649 BRL/$1.00 rate. The 19-share sale used $9.09 per share, from 46.89 BRL and a 5.1600 BRL/$1.00 rate.
Were any historical Petrobras (PBR) PETR4 holdings corrected in this Form 4 filing?
Yes. The filing notes that the number of PETR4 shares held by Cobas’s spouse was adjusted for seven shares that had been inadvertently overreported on a Form 3 filed on March 12, 2026, aligning the current holdings figure with corrected data.
Are the reported Petrobras (PBR) PETR4 insider trades direct or indirect holdings?
All reported PETR4 trades are indirect. The Form 4 identifies the ownership type as indirect, with the nature of ownership described as “By spouse.” The transactions therefore relate to shares held in the spouse’s account but attributed to Cobas.