Form 4: Brazilian Electric Power Director Sells Shares
Insider Transaction (Form 4)
De Lima Filho Pedro Batista, a Director of Brazilian Electric Power Co, sold 2,333,900 shares of common stock on October 5, 2026.
Summary
- Open-market sale: disposed of 1,251,100 Common Shares at $11.81 ($14,775,491) on October 5, 2026; holds 13,576,831 after (Indirect).
- Open-market sale: disposed of 281,500 Common Shares at $11.81 ($3,324,515) on October 5, 2026; holds 7,046,025 after (Indirect).
- Open-market sale: disposed of 8,400 Common Shares at $11.81 ($99,204) on October 5, 2026; holds 368,956 after (Indirect).
- Open-market sale: disposed of 11,200 Common Shares at $11.81 ($132,272) on October 5, 2026; holds 487,739 after (Indirect).
- Open-market sale: disposed of 432,000 Common Shares at $11.81 ($5,101,920) on October 5, 2026; holds 4,514,769 after (Indirect).
- Open-market sale: disposed of 253,100 Common Shares at $11.81 ($2,989,111) on October 5, 2026; holds 4,951,231 after (Indirect).
- Open-market sale: disposed of 52,300 Class "C" Preferred Shares at $11.87 ($620,801) on October 5, 2026; holds 3,212,938 after (Indirect).
- Open-market sale: disposed of 12,200 Class "C" Preferred Shares at $11.87 ($144,814) on October 5, 2026; holds 1,190,710 after (Indirect).
- Open-market sale: disposed of 400 Class "C" Preferred Shares at $11.87 ($4,748) on October 5, 2026; holds 44,834 after (Indirect).
- Open-market sale: disposed of 500 Class "C" Preferred Shares at $11.87 ($5,935) on October 5, 2026; holds 59,275 after (Indirect).
- Open-market sale: disposed of 20,300 Class "C" Preferred Shares at $11.87 ($240,961) on October 5, 2026; holds 1,068,658 after (Indirect).
- Open-market sale: disposed of 10,900 Class "C" Preferred Shares at $11.87 ($129,383) on October 5, 2026; holds 981,266 after (Indirect).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $27,569,155 of stock on the open market.
Insider Transactions
De Lima Filho Pedro Batista — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-05 | Open-market sale | Common Shares | 1,251,100 | $12 | $14.8M | 13,576,831 |
| 2026-10-05 | Open-market sale | Common Shares | 281,500 | $12 | $3.3M | 7,046,025 |
| 2026-10-05 | Open-market sale | Common Shares | 8,400 | $12 | $99.2K | 368,956 |
| 2026-10-05 | Open-market sale | Common Shares | 11,200 | $12 | $132.3K | 487,739 |
| 2026-10-05 | Open-market sale | Common Shares | 432,000 | $12 | $5.1M | 4,514,769 |
| 2026-10-05 | Open-market sale | Common Shares | 253,100 | $12 | $3.0M | 4,951,231 |
| 2026-10-05 | Open-market sale | Class "C" Preferred Shares | 52,300 | $12 | $620.8K | 3,212,938 |
| 2026-10-05 | Open-market sale | Class "C" Preferred Shares | 12,200 | $12 | $144.8K | 1,190,710 |
| 2026-10-05 | Open-market sale | Class "C" Preferred Shares | 400 | $12 | $4.7K | 44,834 |
| 2026-10-05 | Open-market sale | Class "C" Preferred Shares | 500 | $12 | $5.9K | 59,275 |
| 2026-10-05 | Open-market sale | Class "C" Preferred Shares | 20,300 | $12 | $241.0K | 1,068,658 |
| 2026-10-05 | Open-market sale | Class "C" Preferred Shares | 10,900 | $12 | $129.4K | 981,266 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-05 | Open-market sale (1,251,100 shares) |
| 2026-10-05 | Open-market sale (281,500 shares) |
| 2026-10-05 | Open-market sale (8,400 shares) |
| 2026-10-05 | Open-market sale (11,200 shares) |
| 2026-10-05 | Open-market sale (432,000 shares) |
| 2026-10-05 | Open-market sale (253,100 shares) |
| 2026-10-05 | Open-market sale (52,300 shares) |
| 2026-10-05 | Open-market sale (12,200 shares) |
| 2026-10-05 | Open-market sale (400 shares) |
| 2026-10-05 | Open-market sale (500 shares) |
| 2026-10-05 | Open-market sale (20,300 shares) |
| 2026-10-05 | Open-market sale (10,900 shares) |
Keywords
insider transaction, Form 4, AXIA3, AXIA Energia S.A., bearish, De Lima Filho Pedro Batista
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