Freitas Siqueira reports an option exercise at AXIA3
By AlphaYouPublished Form 4
de Siqueira Freitas Marcelo
Reporting filer
Freitas Marcelo de Siqueira reports an option exercise, not an open-market purchase or sale, in AXIA Energia S.A.. Form 4 filed Nov 3, 2026 lists 2 entries.
- Disclosed
- Nov 3, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Shares | de Siqueira Freitas Marcelo | 2026-10-30 | M | Exercise or conversion | 38695 | 57.08 | 75,842 | 4 days | Filed terms
|
| Stock Options (derivative) | de Siqueira Freitas Marcelo | 2026-10-30 | M | Exercise or conversion | 38695 | 0 | 192,399 | 4 days | Filed terms
|
Common Shares
- Owner
- de Siqueira Freitas Marcelo
- Date
- 2026-10-30
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 38695
- Price
- 57.08
- Following holdings
- 75,842
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Shares
- transaction Date: 2026-10-30
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: false
- transaction Timeliness:
- transaction Shares: 38695
- transaction Price Per Share: 57.08
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 75842
- id: F2
- direct Or Indirect Ownership: D
Stock Options (derivative)
- Owner
- de Siqueira Freitas Marcelo
- Date
- 2026-10-30
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 38695
- Price
- 0
- Following holdings
- 192,399
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Stock Options
- id: F3
- conversion Or Exercise Price: 57.08
- transaction Date: 2026-10-30
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: false
- transaction Timeliness:
- transaction Shares: 38695
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F4
- id: F5
- underlying Security Title: Common Shares
- underlying Security Shares: 38695
- shares Owned Following Transaction: 192399
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- de Siqueira Freitas Marcelo: See Remarks*.
- F1: The exercise price is R$57.08 per share accrues interest at a rate of 5% per annum from grant date to exercise date and is subject to certain other adjustments.
- F2: Represents the sum of (i) RSUs; and (ii) common shares held by the reporting person.
- F3: The stock options were issued pursuant to AXIA Energia S.A.'s restricted share based compensation program. Exercise is conditioned up the achievement of certain performance goals, as set forth in the award agreement, and the satisfaction of certain other conditions.
- F4: 1/3 of the stock options vest 3 years from grant date, with the remaining vesting on the 4th and 5th anniversaries from grant date, subject to certain conditions, as set forth in the award agreement.
- F5: The reporting person must exercise vested options within 120 days after each respective maturity period, failing which the options lapse. Upon exercise, the reporting person is subject to a lock-up period of 180 calendar days during which the shares may not be sold, transferred, or encumbered.
Original sources
Prepared automatically from public filing data. Report a correction.