de Abreu Marco Antonio Villela 4

What Happened
Marco Antonio Villela de Abreu, a director of ENERGY CO OF PARANA (ELPC), disposed of 32,490 common shares on June 16, 2026. The shares were sold at BRL14.92 per share (converted to USD at $2.94/share), for a total proceeds of approximately $95,459. The transaction is reported as an open-market or private sale (code S), i.e., a sale of existing shares (not a purchase or option exercise).

Key Details

• Transaction date: 2026-06-16. Report filed: 2026-07-02 (filed late relative to the typical 2-business-day Form 4 deadline).
• Price: BRL14.92 per share, converted to USD $2.94 per share. Total proceeds ≈ $95,459.
• Footnote: Price reported in BRL and converted to USD using the Central Bank of Brazil rate on June 17, 2026 (USD1.00 = BRL5.0780).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Transaction type: Sale (S) — open-market or private sale.

Context
Sales by directors are commonly routine (liquidity, portfolio rebalancing, taxes) and do not, by themselves, indicate company prospects; purchases tend to be more informative about insider confidence. The filing was submitted well after the transaction date, which is noteworthy because Form 4s are normally due within two business days of the trade; late filings can reduce the timeliness of disclosure for investors.