AXIA Energia S.A.: director Corso Matte Ana Silvia received 642 shares

What happened The filing says Corso Matte Ana Silvia, a director, was granted 642 common shares (code A) and had 642 class "C" preferred shares converted into 642 common shares (code C, derivative) on Oct 20, 2026, each reported at $0.00, total $0.00.

Key details

• Transaction dates and prices: Oct 20, 2026; shares reported at $0.00.
• Transactions reported: 642 shares granted (A, acquired) and 642 shares from conversion of a derivative security (C, disposed as derivative conversion).
• Filing date: Oct 21, 2026 (reporting period Oct 20, 2026).
• Shares owned after the transaction: not stated in the filing.
• Footnote F1: On Oct 20, 2026 certain class "C" preferred shares ("PNC Shares") previously reported were converted into common shares in connection with the mandatory redemption of 17.38% of the Company's outstanding PNC Shares announced on Oct 7, 2026 and pursuant to the terms of the Company's bylaws.
• Footnote F2: Article 11 of the bylaws provides that PNC Shares automatically convert into common shares at a 1:1 ratio (if not earlier mandatorily redeemed), with 4% of originally‑issued PNC Shares converting proportionally among holders in each fiscal year 2026, 2027, 2028, 2029 and 2030, and all remaining PNC Shares converting in fiscal year 2031.

Why it may matter The filing shows a grant of common shares and a conversion of class "C" preferred shares into common shares under the company's bylaws; the conversion is a derivative conversion rather than an open‑market purchase or sale. This filing does not show why the insider traded or why the company acted.