AXIA Energia Director Pedro Batista de Lima Filho Sells 478,900 Shares at $10.55 Each
Pedro Batista de Lima Filho, a director of AXIA Energia S.A., reported the sale of 478,900 common shares on June 29, 2026, at a weighted average price of $10.55 per share. The sales consisted of two transactions: 233,700 shares and 245,200 shares. The reported price represents a conversion from Brazilian reals (R$55.43 per share) using the Treasury exchange rate of 5.2540 BRL per USD. Filho indirectly owns shares through multiple managed investment funds where he serves as a partner at Radar Gestora de Recursos Ltda., receiving performance-based compensation. The filing includes disclaimers that Filho and the investment entities disclaim beneficial ownership except for their pecuniary interests. Following the transactions, Filho maintains significant indirect holdings through various managed accounts totaling over 20 million shares.