AXIA Energia: director Jose Joao Abdalla Filho received 2,962,459 shares

What happened

• Jose Joao Abdalla Filho, a director, was reported as acquiring a total of 2,962,459 common shares on Oct 2, 2026: 456,097 shares and 2,506,362 shares, each reported as a grant/award (code A) at $0.00; the filing also reports conversion of derivative securities (code C) for the same amounts at $0.00.

Key details

• Transaction date and price: Oct 2, 2026; price $0.00 for each reported transaction.
• Shares involved: 456,097 shares and 2,506,362 shares; total 2,962,459 shares.
• Shares owned after the transaction: not stated in this filing.
• Footnotes: F1 states certain class "C" preferred shares were converted into common shares in connection with a mandatory redemption of 15.46% announced Sep 22, 2026 and pursuant to the bylaws; F4 notes automatic conversion rules (1:1 conversion, with 4% of original PNC volume converting in each fiscal year 2026 through 2030 and remaining in fiscal year 2031); F2 and F3 state Mr. Filho may be deemed to indirectly own the reported shares through his control of Banclass FIA and FIA Dinamica Energia, each of which disclaims beneficial ownership except to the extent of pecuniary interest.
• Filing timeliness: filing date Oct 2, 2026; the filing does not indicate it was late.

Why it may matter

• The filing shows awards/awards and conversions of derivative securities into common shares, not open-market purchases or sales.
• Mr. Filho is identified as a controlling shareholder of the entities that directly hold the reported shares, per the footnotes.
• This filing does not show why the insider traded or why the company acted.