Copel Subsidiary CEO Reports Initial Holdings of ~60k Shares
ENERGY CO OF PARANA
Subscribe to track ELPC
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Copel Subsidiary CEO Reports Initial Holdings of ~60k Shares
Company: ENERGY CO OF PARANA (ELPC) Form: 3 (Initial Statement) | Filed: 2026-03-19 Significance: Low
Insider: de Abreu Marco Antonio Villela Title: CEO of Copel DIS | Relationship: Officer
Holdings Reported: • Security: Common Stock & RSUs • Direct Holdings: 31,056 Shares • Derivative (RSUs): 28,684 Shares • Total Beneficial Ownership: 59,740 Shares
Key Insight: Routine initial ownership filing for the CEO of the Copel DIS subsidiary. Establishes baseline ownership; no open market transaction occurred.
Market Context: Company has a $19.06B Market Cap. This position represents ~0.004% of shares outstanding.
Comprehensive Analysis
SEC Filing Analysis: ENERGY CO OF PARANA (ELPC)
Executive Summary
- Trading Significance: Low
- Key Takeaway: New reporting officer (CEO of Copel DIS) establishes initial beneficial ownership baseline.
- Market Impact: Neutral - procedural filing with no immediate liquidity impact.
Company Information
| Field | Value |
|---|---|
| Company | ENERGY CO OF PARANA |
| Ticker Symbol | ELPC |
| CIK | 0001041792 |
| Industry | Electric Services |
Insider Information
| Field | Value |
|---|---|
| Name | de Abreu Marco Antonio Villela |
| CIK | 0002121817 |
| Title/Position | CEO of Copel DIS |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 3 (Initial Statement of Beneficial Ownership) |
| Report Date | 2026-03-18 |
| Security Type | Common Stock & RSUs |
| Direct Holdings | 31,056 |
| RSUs Held | 28,684 |
| Total Position | 59,740 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Implied Share Price | ~$14.66 (Est. based on Market Cap) |
| Total Position Value | ~$875,788 (Est.) |
| % of Market Cap | ~0.004% |
| Shares Held | 59,740 |
| % of Shares Outstanding | ~0.0046% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market capitalization of $19.06 billion, this individual holding is negligible in terms of control or liquidity.
- Ownership Concentration: The insider holds approximately 0.0046% of the 1.3 billion shares outstanding.
- Transaction Significance: This is a Form 3, which reports existing holdings upon becoming an insider, rather than a new purchase or sale. It signals alignment of interests via equity and RSUs but does not represent new buying pressure.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: This is a procedural filing. The disclosure of ~60k shares (split between stock and RSUs) is standard for an executive at this level and does not materially alter the float or supply/demand dynamics.
Volume & Sentiment
- Expected Volume Impact: None.
- Sentiment Indicator: Neutral.
Additional Context
Transaction Notes
- Vesting: The reported RSUs (28,684) vest in full on 04/30/2026, subject to continued service.
- Role: The insider is the CEO of "Copel DIS" (Copel Distribuição), a major subsidiary of the issuer.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.