Schlosser Claudio Romeo 4
4 · PETROBRAS - PETROLEO BRASILEIRO SA · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
PETROBRAS (PBR) CCO Claudio Schlosser Sells 3,211 Shares
What Happened
Claudio Romeo Schlosser, Chief Commercial Officer of PETROBRAS (PBR), made a disposition to the issuer on 2026-04-02 of 3,211.15 derivative shares referenced to PETR3 at an effective price of $50.44, for a cash value of approximately $161,970. The transaction relates to phantom shares granted under the Petrobras Performance Award Program and was settled in cash rather than a public market sale.
Key Details
- Transaction date: 2026-04-02; Form 4 filed: 2026-04-06 (filed within required two business days).
- Type: Disposition to issuer (derivative/phantom share settlement).
- Quantity: 3,211.15 shares; Price per share (derivative basis): $50.44; Total value: ~$161,970.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: F1 — Phantom shares are cash-settled, reference PETR3 price, vest in deferred instalments (four equal annual instalments for the deferred portion), and accrue additional phantom shares for dividends/IOE. F2 — Settlement price based on the weighted average price of PETR3 over the last 20 trading sessions per plan rules.
Context
This was a cash settlement of performance-based phantom shares under Petrobras’s award program (not an open-market sale). Dispositions to the issuer for award settlement or tax-related withholding are routine and do not by themselves indicate the insider’s view of the company’s stock.
Insider Transaction Report
- Disposition to Issuer
Phantom Shares
[F1][F2]2026-04-02$50.44/sh−3,211.15$161,970→ 23,116.06 total→ PETR3 (3,211.15 underlying)
Footnotes (2)
- [F1]Phantom shares are granted pursuant to the Petrobras Performance Award Program. The phantom shares are referenced to the PETR3 common share price and are settled in cash upon vesting. The deferred portion of the award vests in four equal annual instalments. Additional phantom shares are credited proportionally upon the payment of dividends or interest on equity by the company.
- [F2]The disposal is related to the phantom shares granted pursuant to the Petrobras Performance Award Program and settled in cash. The Price of Derivative Security is based on the weighted average price of PETR3 over the last 20 trading sessions prior to the transaction date in accordance with the Petrobras Performance Award Program's rules.