Falconi Campos Vicente 4

What Happened
Vicente Falconi Campos, a director of AXIA Energia S.A. (AXIA3), reported two gift transactions totaling 40,000 derivative shares: 10,000 shares gifted on 2026-06-15 and 30,000 shares gifted on 2026-06-17. Both transactions were reported as gifts (code G) at a $0.00 price, so no cash changed hands. The reported securities are derivative Class "C" Preferred Shares (see footnotes for conversion rules and ownership structure).

Key Details

• Transaction dates and amounts: 10,000 shares (gift) on 2026-06-15; 30,000 shares (gift) on 2026-06-17. Reported price: $0.00; total reported value: $0.
• Security type: Derivative securities — Class "C" Preferred Shares (per filing).
• Post-transaction holdings: Not specified in the information provided in this summary/filing.
• Filings: Form 4 was filed on 2026-06-18 (covering the 6/15 and 6/17 transactions). The filing document does not include an explicit late-filing flag in the summary provided here.
• Notable footnotes:
  • F1: Class "C" Preferred Shares automatically convert to common shares at a 1:1 ratio per the company bylaws; 4% of originally issued Class C shares convert each year 2026–2030 (pro rata), with remaining shares converting in 2031.
  • F2–F5: The reported Class "C" Preferred Shares are directly held by STARTOURS FIA IE and TUCA FIA RESPONSABILIDADE LIMITADA; Mr. Campos is a controlling shareholder of those entities and may be deemed to indirectly beneficially own the shares. Both entities and Mr. Campos include disclaimers limiting claimed beneficial ownership except to the extent of pecuniary interest.

Context

• Gifts: These were gifts, not open-market sales or purchases; gifts are not direct indicators of positive or negative market sentiment by the insider.
• Derivative explanation: The transactions involve derivative Class "C" Preferred Shares, which per the filing may convert into common shares over time under the company’s bylaws (see F1).
• Ownership structure: The filing attributes the holdings to related entities (Startours and Tuca) controlled by Mr. Campos; he disclaims beneficial ownership except for pecuniary interest as noted in the footnotes.

If you want, I can pull the exact Form 4 text or provide a timeline showing conversion dates for the Class C preferred-to-common schedule.