Insider Trading
Filed: 2026-04-22
Key Insights
- Director Pedro Batista de Lima Filho executed significant sales on 04/20/2026, selling 997,982 common shares at $12.20 USD and 400,000 Class B1 preferred shares at $13.40 USD, indicating a notable reduction in direct holdings.
- All reported securities are held indirectly through managed accounts via Radar Gestora, including multiple investment funds (Maliko, Manuka, Tucurui, Xingo), with the filer disclaiming beneficial ownership except for pecuniary interest, suggesting portfolio diversification rather than concentrated personal holdings.
- The filing shows substantial indirect ownership positions across multiple share classes totaling over 26 million common and preferred shares across various managed accounts, demonstrating significant exposure to AXIA Energia despite the reported sales transaction.
- Sales were executed at weighted average prices in Brazilian reals (64.12 BRL per common share) converted to USD using Treasury rates from March 31, 2026, suggesting the transaction occurred during a period of potential market activity or rebalancing.