AXIA Energia S.A.: director Falconi Campos Vicente received 173,549 shares

What happened

• Falconi Campos Vicente, a director, acquired a total of 173,549 common shares on Oct 20, 2026. The filing lists three award/acquisition entries: 1,392 shares at $0.00; 108,627 shares at $0.00; and 63,530 shares at $0.00. The filing also reports conversions of derivative securities (the same share amounts) at $0.00. Total value reported $0.00.

Key details

• Transaction date(s) and price(s): Oct 20, 2026; codes A (award/grant/acquisition) and C (conversion of derivative security); price $0.00 for each entry.
• Shares owned after the transaction: not specified in the provided filing. Footnote F2 states the reported figure represents the sum of (i) RSUs and (ii) common shares held by the reporting person.
• Relevant footnotes:
  • 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 outstanding PNC Shares announced Oct 7, 2026 and pursuant to the company's bylaws.
  • F5: Bylaws provide for automatic 1:1 conversion of remaining PNC Shares on a phased schedule (4% per fiscal year 2026–2030 and remaining in 2031) if not earlier mandatorily redeemed.
  • F3 and F4: Mr. Campos is a controlling shareholder in STARTOURS FIA IE and TUCA FIA RESPONSABILIDADE LIMITADA, each of which directly holds the reported common and PNC Shares; Mr. Campos may be deemed to indirectly beneficially own those shares but disclaims beneficial ownership except to the extent of pecuniary interest.
• Filing date and timeliness: filed Oct 22, 2026; no late filing indicated in the provided information.

Why it may matter

• The filing reports conversions of derivative securities (PNC preferred shares) into common shares and awards at no cash price, not a market sale or purchase.
• The filing indicates ownership and control links through Startours and Tuca (F3, F4), which may affect beneficial ownership reporting.
• A filing does not show why the insider traded or why the company acted.