Falconi Campos Vicente 4
4 · AXIA Energia S.A. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
AXIA Energia (AXIA3) Director Vicente Falconi Campos Acquires Common Shares
What Happened Vicente Falconi Campos, a director of AXIA Energia S.A., reported a corporate-action exchange on June 5, 2026. He acquired three lots of Common Shares totaling 6,747,264 shares (91,078; 4,199,899; 2,456,287) and simultaneously disposed of three corresponding lots of Class "B1" Preferred Shares totaling 6,133,878 shares (82,799; 3,818,090; 2,232,989). The transactions reflect a mandatory conversion required by the company’s migration to the Novo Mercado listing segment of B3, under which each Class B1 preferred share was exchanged for 1.1 Common Shares. No cash changed hands in the exchange (F1).
Key Details
- Transaction date: June 5, 2026 (reported on Form 4 filed June 12, 2026).
- Transaction type/code: "Other acquisition or disposition" (Code J) — mandatory exchange/conversion tied to listing migration (F1).
- Shares acquired (Common): 91,078; 4,199,899; 2,456,287 — total 6,747,264.
- Shares disposed (Class B1 Preferred): 82,799; 3,818,090; 2,232,989 — total 6,133,878.
- Price/consideration: N/A — no cash paid or received in the exchange (F1).
- Post-transaction holdings: Filing notes holdings include 40,476 unvested RSUs plus Common Shares (F2); a precise total post-exchange aggregate is not specified in the filing.
- Indirect holdings and disclaimers: Mr. Campos controls STARTOURS FIA IE and TUCA FIA, which directly hold reported shares; he may be deemed to indirectly own those holdings but Startours/Tuca and Mr. Campos disclaim beneficial ownership except for pecuniary interest (F3–F8).
- Timeliness: Filed June 12, 2026 for a June 5 transaction — the filing was not same‑day; recorded as late (L) for reporting purposes.
Context This was a mechanical, non‑market transaction (corporate reclassification) required by the company’s migration to a different exchange segment, not an open‑market buy or sale. Because no cash changed hands and the conversion ratio was fixed (1 B1 → 1.1 Common), the exchange preserves economic exposure rather than signaling a voluntary insider purchase or sale. Retail investors should view this as a corporate‑action conversion rather than an insider expression of confidence or concern.
Insider Transaction Report
- Other
Common Shares
[F1][F2]2026-06-05+91,078→ 142,193 total - Other
Common Shares
[F1][F3][F4]2026-06-05+4,199,899→ 4,199,899 total(indirect: See Footnotes) - Other
Common Shares
[F1][F5][F6]2026-06-05+2,456,287→ 2,456,287 total(indirect: See Footnotes) - Other
Class "B1" Preferred Shares
[F1]2026-06-05−82,799→ 0 total - Other
Class "B1" Preferred Shares
[F1][F4][F7]2026-06-05−3,818,090→ 0 total(indirect: See Footnotes) - Other
Class "B1" Preferred Shares
[F1][F6][F8]2026-06-05−2,232,989→ 0 total(indirect: See Footnotes)
Footnotes (8)
- [F1]On June 5, 2026, in connection with Axia Energia S.A.'s (the "Company") migration to the Novo Mercado listing segment of B3 S.A. -- Brasil, Bolsa, Balcao, each outstanding Class "B1" Preferred Share of the Company was mandatorily exchanged for 1.1 Common Shares (the "Exchange"). Vicente Falconi Campos ("Mr. Campos") neither paid nor received any cash consideration in connection with the Exchange. The amounts reported herein reflect only the acquisition of Common Shares and the corresponding disposition of Class "B1" Preferred Shares pursuant to the Exchange.
- [F2]Represents the sum of (i) 40,476 unvested RSUs; and (ii) Common Shares held by Mr. Campos.
- [F3]Mr. Campos is a controlling shareholder in STARTOURS FIA IE ("Startours") which directly holds the Common Shares of the Company reported in this filing. Mr. Campos may be deemed to indirectly beneficially own these shares by virtue of control over Startours.
- [F4]For the purposes of this filing, each of Startours and Mr. Campos disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Startours or Mr. Campos is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.
- [F5]Mr. Campos is a controlling shareholder in TUCA FIA RESPONSABILIDADE LIMITADA ("Tuca") which directly holds the Common Shares of AXIA reported in this filing. Mr. Campos may be deemed to indirectly beneficially own these shares by virtue of control over Tuca.
- [F6]For the purposes of this filing, each of Tuca and Mr. Campos disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Tuca or Mr. Campos is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.
- [F7]Mr. Campos is a controlling shareholder in Startours which directly holds the Class "B1" Preferred Shares of the Company reported in this filing. Mr. Campos may be deemed to indirectly beneficially own these shares by virtue of control over Startours.
- [F8]Mr. Campos is a controlling shareholder in Tuca which directly holds the Class "B1" Preferred Shares of the Company reported in this filing. Mr. Campos may be deemed to indirectly beneficially own these shares by virtue of control over Tuca.