Falconi Campos Vicente 4

What Happened Falconi Campos Vicente, a director of Brazilian Electric Power Co. (ticker AXIA3), received a grant of 10,639 restricted stock units (RSUs) on 2026-03-20. The filing lists the transaction as an award (code A); no purchase price or total dollar value is reported because these RSUs are grants rather than open-market trades. RSUs are settled 1:1 in common shares under the company’s restricted share compensation program reserved for the Board of Directors.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-23 (filed within typical Form 4 timing requirements).
• Transaction type: Award/Grant of 10,639 RSUs (code A); price reported as N/A; no cash paid by the reporting person.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Each RSU equals one common share on settlement and is issued under the company’s restricted-share compensation program reserved for directors.
  • F2: The RSU count reflects an adjustment tied to a December 2025 bonus stock issuance that created Class "C" Preferred Shares; the reporting person paid no additional consideration for this adjustment.

Context RSU grants are compensation, not market purchases or sales, so they reflect board pay rather than an immediate trading signal. Upon vesting and settlement, each RSU converts into one common share. This award should be viewed as routine director compensation unless the director later buys or sells underlying shares.