Gualda Sampaio Araujo Camila 4

What Happened

• Camila Gualda Sampaio Araujo, Executive Vice‑President of Governance, Risks, Compliance and Sustainability at Brazilian Electric Power Co. (AXIA3), was granted 12,516 restricted stock units (RSUs) on March 20, 2026. The award is reported as an acquisition (A); no per‑share price or total dollar value is stated in the filing.

Key Details

• Transaction date: 2026-03-20; filing date (Form 4): 2026-03-23.
• Shares/units granted: 12,516 RSUs; price: N/A (award).
• Shares owned after transaction: not specified in the filing.
• Footnote highlights:
  • F1: Each RSU equals one Common Share on a 1:1 basis and is part of the Company’s restricted-share compensation for executive officers.
  • F2: The RSU count reflects an adjustment tied to a bonus stock issuance in Dec 2025 (creation/issuance of Class "C" Preferred Shares); no additional consideration was paid by the reporting person.
• No indication in the filing that this involved a sale, purchase for cash, 10b5‑1 plan, or tax‑withholding sale.

Context

• RSU awards are standard executive compensation and convert to common shares on settlement (1:1) rather than representing an open‑market purchase or sale. Because no cash was exchanged and no sale occurred, this transaction should be interpreted as compensation, not a direct insider buy or sell signal.