AXIA Energia CEO Ivan de Souza Monteiro Acquires 5,897 Common Shares via Preferred Share Conversion
AXIA Energia S.A.
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Filing Summary
# SEC Form 4: AXIA Energia S.A. (AXIA3)
**Reporting Owner:** Ivan de Souza Monteiro (Chief Executive Officer)
**Filing Date:** October 5, 2026 | **Transaction Date:** October 2, 2026
### Transaction Summary
- **Security:** Common Shares
- **Type:** Acquisition / Conversion (Code: A)
- **Shares Acquired:** 5,897
- **Price Per Share:** $0.00 (Total Value: $0.00)
- **Shares Owned After:** 403,689 (Direct)
### Derivative Activity
- **Security:** Class "C" Preferred Shares
- **Shares Disposed/Converted:** 5,897 (Code: C)
- **Remaining Derivative Holdings:** 32,249 Class "C" Preferred Shares
Comprehensive Analysis
Transaction Overview
On October 2, 2026, Ivan de Souza Monteiro, Chief Executive Officer of AXIA Energia S.A., converted 5,897 Class "C" Preferred Shares (PNC Shares) into 5,897 Common Shares on a 1:1 basis at no cost ($0.00 per share).
Transaction Context & Footnotes
- Mandatory Redemption/Conversion: The conversion occurred pursuant to the terms of the company's bylaws and was connected to the mandatory redemption of 15.46% of AXIA Energia S.A.'s outstanding PNC Shares announced on September 22, 2026.
- Post-Transaction Holdings: Following the transaction, the reporting person directly owns 403,689 Common Shares (consisting of both common shares and RSUs) and retains 32,249 Class "C" Preferred Shares.
Trading Significance
This transaction carries Low trading significance. It represents a scheduled corporate restructuring/conversion event in accordance with company bylaws rather than a discretionary open-market buy or sell decision.
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Important Disclaimer
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