AXIA Energia (AXIA3) Director Falconi Campos Vicente Sells 2,311 Shares

What Happened Falconi Campos Vicente, a director of AXIA Energia S.A. (AXIA3), disposed of 2,311 shares on September 22, 2026. The filing reports a per-share amount of $10.74, for a total cash value of $24,820. The transaction is reported as a derivative disposition: these class "C" preferred shares (PNC Shares) were mandatorily redeemed for cash under the company’s bylaws.

Key Details

• Transaction date: 2026-09-22; Filing date: 2026-09-23 (filed the next day; within normal Form 4 timing).
• Amount: 2,311 shares disposed at $10.74 per share; total reported value $24,820.
• Transaction type/code: Derivative disposition (code J — other acquisition/disposition); reported as "Disposed."
• Shares owned after transaction: Not reported in the provided summary.
• Notable footnotes:
  • F1: PNC Shares are subject to automatic conversion or mandatory redemption per the bylaws; these reported PNC Shares were mandatorily redeemed for cash.
  • F2: The redemption price was BRL 55.56 per share, converted to USD using the U.S. Treasury exchange rate (5.1740 BRL/USD) as of June 30, 2026; reported price excludes brokerage/execution costs.

Context This was a cash redemption of preferred (PNC) shares mandated by the company’s bylaws, reported as a derivative disposition rather than a typical open-market sale. Such mandatory redemptions are routine corporate actions and do not by themselves indicate the insider’s view of the company’s stock.