AXIA Energia S.A.: fiscal council member De Bittencourt received 142 shares

What happened De Bittencourt Marinho Gisomar Francisco, member of the fiscal council, received 142 common shares via a grant/award and had 142 class "C" preferred shares converted into common shares on Oct 2, 2026. Both the grant and the conversion are reported at $0.

Key details

• Transaction date(s) and price(s): Oct 2, 2026 — Grant/acquisition (code A) 142 shares @ $0; Conversion of derivative security (code C) 142 shares @ $0 (disposed, derivative).
• Shares owned after the transaction: not reported in this filing.
• Footnotes: F1 — conversion occurred in connection with the mandatory redemption of 15.46% of outstanding PNC Shares announced Sep 22, 2026 and per the company's bylaws; F2 — bylaws provide automatic 1:1 conversion schedule for PNC Shares (4% of original PNC Shares allocated proportionally in each fiscal year 2026–2030; remaining PNC Shares in fiscal year 2031).
• Filing date and timeliness: filed Oct 5, 2026; filing date is within the required window and is not late.
• Remark: insider is a member of the fiscal council.

Why it may matter

• The filing reports a conversion of class "C" preferred shares into common shares (derivative conversion) and an associated grant/award of common shares.
• The grant/award and the conversion are not market sales or purchases; they reflect company actions under its bylaws.
• A filing does not show why the insider traded or why the company acted.