BlackRock, Inc. amended its Schedule 13G to report beneficial ownership of 388,913,025 shares of Preferred Stock (CUSIP P78331140), representing 7.1% of the class as reported on the cover. The schedule lists sole voting power of 380,249,370 shares and sole dispositive power of 388,913,025. The filing is an Amendment No. 5 and is signed by a Managing Director.
PETROBRAS - PETROLEO BRASILEIRO SA director Rachel de Oliveira Maia filed an initial Form 3 statement of beneficial ownership. The filing lists her as a director and does not report any share transactions or derivative positions in the company at this time.
PETROBRAS - PETROLEO BRASILEIRO SA director Marcelo Gasparino da Silva filed an initial Form 3 reporting beneficial ownership of 3,250 Preferred Shares. These Preferred Shares are held in the form of American Depositary Shares, each ADR representing the right to receive two Preferred Shares of Petrobras.
Petróleo Brasileiro S.A. – Petrobras has agreed to acquire 100% of a portion of the Argonauta Field ring-fence in the BC-10 concession in Brazil’s Campos Basin from Shell, ONGC, and Brava.
The acquired area corresponds to 0.86% of the shared pre-salt Jubarte Shared Reservoir. The total consideration will be R$ 700 million plus US$ 150 million, paid in three installments: R$ 100 million at closing, R$ 600 million on January 15, 2027 or at closing (whichever is later), and US$ 150 million two years after closing, subject to price adjustments under the agreement.
After completion, Petrobras will hold a 98.11% interest in the Jubarte Shared Reservoir, while Brazil’s federal government, via PPSA, will retain 1.89%. The deal is described as offering attractive economic and financial terms, simplifying asset management, and aligning with Petrobras’ Business Plan focused on profitable assets. Closing is subject to conditions precedent, including approvals from ANP and CADE.
PETROBRAS - PETROLEO BRASILEIRO SA CEO Magda Maria de Regina Chambriard reported an updated holding of 110.37 phantom shares linked to PETR3 common shares. These phantom shares are granted under the Petrobras Performance Award Program, settle in cash upon vesting, and vest in four equal annual installments.
The filing notes that additional phantom shares are credited proportionally when Petrobras pays dividends or interest on equity, including a credit related to a dividend with a record date of April 22, 2026. The reference PETR3 share price used is 52.07 BRL per share, shown in U.S. dollars using a 4.9647 BRL per 1.00 USD exchange rate.
PETROBRAS - PETROLEO BRASILEIRO SA reported an update to Chief Product Officer William Franca Da Silva’s compensation-related phantom share holdings. Following this update, he holds 285.52 phantom shares referenced to PETR3 common shares, which are settled in cash upon vesting under the Petrobras Performance Award Program.
The program credits additional phantom shares proportionally when Petrobras pays dividends or interest on equity, and the deferred portion of each award vests in four equal annual instalments. The footnotes indicate a reference price of $10.49 per share, derived from a PETR3 price of 52.07 BRL and an exchange rate of 4.9647 BRL per $1.00 on the April 22, 2026 record date.
PETROBRAS - PETROLEO BRASILEIRO SA Chief Financial Officer Fernando Sabbi Melgarejo reported his current phantom share holdings under the Petrobras Performance Award Program. He now holds 82.31 phantom shares referenced to PETR3 common shares, with an exercise price of $10.49 per underlying share.
The phantom shares are settled in cash upon vesting, with the deferred portion vesting in four equal annual installments. Additional phantom shares are credited proportionally when Petrobras pays dividends or interest on equity, and this update reflects credits related to the April 22, 2026 dividend record date.
PETROBRAS - PETROLEO BRASILEIRO SA reported an updated holding of phantom shares for Chief Engineering Officer Renata Faria Rodrigues Baruzzi Lopes. After this entry, she holds 81.1500 phantom shares referenced to PETR3 common shares, granted under the Petrobras Performance Award Program and settled in cash upon vesting.
The phantom shares are linked to the PETR3 share price, with a reference price of $10.49 per share, based on a PETR3 closing price of 52.07 BRL and an exchange rate of 4.9647 BRL per $1.00 on April 22, 2026. Additional phantom shares are credited proportionally when Petrobras pays dividends or interest on equity, and the deferred portion of each award vests in four equal annual installments.
PETROBRAS - PETROLEO BRASILEIRO SA reported an update to compensation-linked derivative holdings for Chief Upstream Officer Sylvia Maria Couto Dos Anjos. The filing shows a direct holding of 81.15 phantom shares referenced to PETR3 common shares under the Petrobras Performance Award Program.
These phantom shares are cash-settled upon vesting and vest in four equal annual instalments. Additional phantom shares are credited proportionally when Petrobras pays dividends or interest on equity, including credits tied to a record date of April 22, 2026.