AXIA Energia (AXIA3) CEO Ivan de Souza Monteiro Sells 30,740 Shares

What Happened Ivan de Souza Monteiro, Chief Executive Officer of AXIA Energia S.A. (AXIA3), disposed of 30,740 common shares on 2026-08-31. The filing reports the shares as a sale (S) but notes these shares were withheld by the company to satisfy applicable withholding taxes in connection with the vesting of 50% of his restricted stock units (RSUs). No per-share price or total dollar value for the disposal is disclosed in the Form 4.

Key Details

• Transaction date: 2026-08-31 (reported on Form 4 filed 2026-09-02; filing appears timely).
• Transaction type: Reported as a sale (S), but footnote F1 specifies shares were withheld for tax withholding related to RSU vesting.
• Shares involved: 30,740 shares withheld/disposed.
• Price/value: Not disclosed (N/A in filing).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 = shares withheld by AXIA to cover taxes on vesting of 50% of RSUs; F2 = each RSU equals one common share, settled 1:1 and issued under the company’s restricted-share compensation program for executive officers; F3 = filing references the sum of RSUs and common shares held by the reporting person.
• Remarks: Reporting person is the Chief Executive Officer.

Context This transaction reflects routine tax withholding upon RSU vesting rather than an active open-market sale for investment reasons. Withholding to satisfy tax obligations is common when restricted shares vest and does not necessarily signal management’s view of the company’s prospects.