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 837,000 shares of common stock on October 7, 2026 for $11.50 per share.
Summary
- Open-market sale: disposed of 476,700 Common Shares at $11.50 ($5,482,050) on October 7, 2026; holds 13,100,131 after (Indirect).
- Open-market sale: disposed of 103,000 Common Shares at $11.50 ($1,184,500) on October 7, 2026; holds 6,943,025 after (Indirect).
- Open-market sale: disposed of 3,100 Common Shares at $11.50 ($35,650) on October 7, 2026; holds 365,856 after (Indirect).
- Open-market sale: disposed of 4,100 Common Shares at $11.50 ($47,150) on October 7, 2026; holds 483,639 after (Indirect).
- Open-market sale: disposed of 158,400 Common Shares at $11.50 ($1,821,600) on October 7, 2026; holds 4,356,369 after (Indirect).
- Open-market sale: disposed of 91,700 Common Shares at $11.50 ($1,054,550) on October 7, 2026; holds 4,859,531 after (Indirect).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $9,625,500 of stock on the open market.
Insider Transactions
De Lima Filho Pedro Batista — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-07 | Open-market sale | Common Shares | 476,700 | $12 | $5.5M | 13,100,131 |
| 2026-10-07 | Open-market sale | Common Shares | 103,000 | $12 | $1.2M | 6,943,025 |
| 2026-10-07 | Open-market sale | Common Shares | 3,100 | $12 | $35.6K | 365,856 |
| 2026-10-07 | Open-market sale | Common Shares | 4,100 | $12 | $47.1K | 483,639 |
| 2026-10-07 | Open-market sale | Common Shares | 158,400 | $12 | $1.8M | 4,356,369 |
| 2026-10-07 | Open-market sale | Common Shares | 91,700 | $12 | $1.1M | 4,859,531 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-07 | Open-market sale (476,700 shares) |
| 2026-10-07 | Open-market sale (103,000 shares) |
| 2026-10-07 | Open-market sale (3,100 shares) |
| 2026-10-07 | Open-market sale (4,100 shares) |
| 2026-10-07 | Open-market sale (158,400 shares) |
| 2026-10-07 | Open-market sale (91,700 shares) |
Keywords
insider transaction, Form 4, AXIA3, AXIA Energia S.A., bearish, De Lima Filho Pedro Batista
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