Batista de Lima Filho Pedro 4

What Happened Pedro Batista de Lima Filho, a director of Brazilian Electric Power Co. (ticker AXIA3), received an award of 10,639 restricted stock units (RSUs) on March 20, 2026. No cash price was paid (award/grant), and the RSUs are the economic equivalent of one common share each and will be settled 1:1 into common shares when vested.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-23 (filing appears timely).
• Security and amount: 10,639 RSUs granted; price reported as N/A (award).
• Shares owned after transaction: not specified in the filing.
• Footnotes: (1) Each RSU equals one common share and is reserved for the Board under the company’s restricted-share compensation program. (2) The reported RSU count reflects an adjustment tied to the company’s December 2025 bonus stock issuance (creation of Class "C" Preferred Shares); no additional consideration was paid by the insider.
• Transaction type code: A = Award/Grant.

Context RSUs are a form of compensation (not an open-market purchase or sale); they represent a future right to receive common shares and typically do not convey immediate voting rights until settled. Such grants are routine for directors and do not by themselves indicate a buy or sell signal about the insider’s view of the stock.