Gualda Sampaio Araujo Camila 4
Research Summary
AI-generated summary
BRAZILIAN ELECTRIC POWER (AXIA3) Exec VP Camila Araujo Withholds 8,269 Shares
What Happened
- Camila Gualda Sampaio Araujo, Executive Vice‑President of Governance, Risks, Compliance and Sustainability, had 8,269 shares withheld by the company on March 30, 2026 to satisfy withholding taxes tied to the vesting and delivery of restricted stock units (RSUs). The filing lists the transaction as code F (tax withholding). No per‑share price or cash value is reported (N/A).
Key Details
- Transaction date: 2026-03-30 (reported on Form 4 filed 2026-04-01).
- Transaction type/code: F — shares withheld to cover tax withholding on RSU vesting (not an open‑market sale).
- Shares withheld: 8,269 common shares.
- Price / dollar value: Not reported (N/A).
- Shares owned after transaction: Not specified in the filing summary; the filing references a total that includes (i) RSUs vested (net of withholding), (ii) unvested RSUs, and (iii) common shares held (see footnote F3).
- Relevant footnotes:
- F1: Withheld shares represent satisfaction of applicable withholding taxes for 50% of RSUs that vested and were converted to common shares.
- F2: Each RSU converts 1:1 into a common share and was issued under the company’s restricted share compensation program for executive officers.
- F3: Ownership totals reported combine vested (net), unvested RSUs, and existing common shares.
- Filing timeliness: Filed two days after the transaction date (appears timely).
Context
- This was a tax‑withholding/cashless retention associated with RSU vesting — a routine administrative action that reduces reported shares rather than a market sale or purchase. Such withholdings do not necessarily indicate the insider’s view on the stock.