Falconi Campos Vicente 4
4 · AXIA Energia S.A. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
AXIA Energia (AXIA3) Director Vicente Falconi Campos Receives Shares via Conversion
What Happened
- Vicente Falconi Campos, a director of AXIA Energia S.A. (AXIA3), received a total of 1,488 common shares on July 1, 2026. The filing shows three award/acquisition items (11, 932 and 545 shares) and matching conversion-of-derivative entries for the same amounts. Each line is reported at $0.00, so no cash was paid or received.
- The transactions reflect conversion of certain class "C" preferred shares (PNC Shares) into Common Shares in connection with a mandatory redemption/conversion event announced June 14, 2026 and carried out under the company’s bylaws. This is not an open-market purchase or sale.
Key Details
- Transaction date: July 1, 2026; Filing date (accession): July 2, 2026 — appears timely.
- Shares moved: 11 + 932 + 545 = 1,488 common shares; Price per share: $0.00; Total value reported: $0.
- Nature of transaction codes: A = Award/Grant/Acquisition; C = Conversion of derivative security (here, PNC preferred → common).
- Shares owned after transaction: Not explicitly stated in the filing; footnote F2 says reported ownership numbers include RSUs and common shares.
- Notable footnotes:
- F1: Conversion of PNC Shares into Common Shares as part of mandatory redemption announced June 14, 2026.
- F3 & F4: Mr. Campos may be deemed to indirectly own shares held by STARTOURS FIA IE and TUCA FIA; those entities and Mr. Campos disclaim beneficial ownership except to the extent of pecuniary interest.
- F5: Bylaws provide scheduled automatic conversion of PNC Shares (4% per year in 2026–2030; remaining in 2031).
Context
- These entries represent a corporate conversion/redemption process (preferred → common) and certain RSU/award recognitions, not a cash purchase or sale. Such conversions are routine corporate actions and do not necessarily indicate insider sentiment.
- For retail investors, conversions at $0 generally reflect entitlement under contract/bylaws rather than market-driven insider buying or selling.
Insider Transaction Report
Form 4
AXIA Energia S.A.AXIA3
Falconi Campos Vicente
Director
Transactions
- Award
Common Shares
[F1][F2]2026-07-01+11→ 142,204 total - Award
Common Shares
[F1][F3]2026-07-01+932→ 4,200,831 total(indirect: See Footnotes) - Award
Common Shares
[F1][F4]2026-07-01+545→ 2,456,832 total(indirect: See Footnotes) - Conversion
Class "C" Preferred Shares
[F5][F1]2026-07-01−11→ 12,556 total→ Common Shares (11 underlying) - Conversion
Class "C" Preferred Shares
[F5][F1][F3]2026-07-01−932→ 979,818 total(indirect: See Footnotes)→ Common Shares (932 underlying) - Conversion
Class "C" Preferred Shares
[F5][F1][F4]2026-07-01−545→ 573,043 total(indirect: See Footnotes)→ Common Shares (545 underlying)
Footnotes (5)
- [F1]On July 1, 2026, certain of the class "C" preferred shares ("PNC Shares") previously reported herein were converted into Common Shares, in connection with the mandatory redemption of 0.0951% of AXIA Energia S.A. (the "Company")'s outstanding PNC Shares announced on June 14, 2026 and pursuant to the terms of the Company's bylaws.
- [F2]Represents the sum of (i) RSUs; and (ii) common shares held by the reporting person.
- [F3]Vicente Falconi Campos ("Mr. Campos") is a controlling shareholder in STARTOURS FIA IE ("Startours") which directly holds the Common Shares and the PNC 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. 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 (the "Exchange Act"), or otherwise.
- [F4]Mr. Campos is a controlling shareholder in TUCA FIA RESPONSABILIDADE LIMITADA ("Tuca") which directly holds the Common Shares and the PNC 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. 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 Exchange Act, or otherwise.
- [F5]Pursuant to Article 11 of the Bylaws of the Company, the PNC Shares shall be automatically converted into Common Shares, assuming such PNC Shares are not earlier mandatorily redeemed by the Company in accordance with its Bylaws, at a ratio of 1:1, as follows: 4% of the total volume of originally-issued PNC Shares, allocated proportionally among all holders, in each of the fiscal years 2026, 2027, 2028, 2029 and 2030; and all PNC Shares remaining, in fiscal year 2031.
Signature
/s/ Vicente Falconi Campos|2026-07-02