de Souza Monteiro Ivan 4

What Happened

• Ivan de Souza Monteiro, Chief Executive Officer of Brazilian Electric Power Co. (ticker AXIA3), was granted 46,530 restricted stock units (RSUs) on March 20, 2026. The filing lists the transaction as an award (code A) and shows no price or cash value (N/A).

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-23 (filed within the standard reporting window).
• Shares/units granted: 46,530 RSUs; price/value reported as N/A (award/compensation, not an open-market trade).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: (1) Each RSU converts 1:1 into a common share upon settlement and is part of the company’s restricted-share compensation program reserved for executive officers. (2) The RSU count reflects an adjustment tied to a December 2025 bonus stock issuance (creation/issuance of Class "C" Preferred Shares); no additional consideration was paid by the reporting person.

Context

• RSU grants are compensation, not market purchases or sales; they do not directly indicate the insider is buying or selling stock. Upon vesting/settlement the RSUs convert to common shares (1:1) per the filing.