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 106,000 shares of common stock on October 9, 2026 for $11.52 per share.
Summary
- Open-market sale: disposed of 68,800 Common Shares at $11.52 ($792,576) on October 9, 2026; holds 13,031,331 after (Indirect).
- Open-market sale: disposed of 13,000 Common Shares at $11.52 ($149,760) on October 9, 2026; holds 6,930,025 after (Indirect).
- Open-market sale: disposed of 400 Common Shares at $11.52 ($4,608) on October 9, 2026; holds 365,456 after (Indirect).
- Open-market sale: disposed of 500 Common Shares at $11.52 ($5,760) on October 9, 2026; holds 483,139 after (Indirect).
- Open-market sale: disposed of 11,700 Common Shares at $11.52 ($134,784) on October 9, 2026; holds 4,344,669 after (Indirect).
- Open-market sale: disposed of 11,600 Common Shares at $11.52 ($133,632) on October 9, 2026; holds 4,847,931 after (Indirect).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $1,221,120 of stock on the open market.
Insider Transactions
De Lima Filho Pedro Batista — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-09 | Open-market sale | Common Shares | 68,800 | $12 | $792.6K | 13,031,331 |
| 2026-10-09 | Open-market sale | Common Shares | 13,000 | $12 | $149.8K | 6,930,025 |
| 2026-10-09 | Open-market sale | Common Shares | 400 | $12 | $4.6K | 365,456 |
| 2026-10-09 | Open-market sale | Common Shares | 500 | $12 | $5.8K | 483,139 |
| 2026-10-09 | Open-market sale | Common Shares | 11,700 | $12 | $134.8K | 4,344,669 |
| 2026-10-09 | Open-market sale | Common Shares | 11,600 | $12 | $133.6K | 4,847,931 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-09 | Open-market sale (68,800 shares) |
| 2026-10-09 | Open-market sale (13,000 shares) |
| 2026-10-09 | Open-market sale (400 shares) |
| 2026-10-09 | Open-market sale (500 shares) |
| 2026-10-09 | Open-market sale (11,700 shares) |
| 2026-10-09 | Open-market sale (11,600 shares) |
Keywords
insider transaction, Form 4, AXIA3, AXIA Energia S.A., bearish, De Lima Filho Pedro Batista
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