What prices were used for the AXIA (AXIA) insider share transactions?

Common-share sales occurred at weighted average prices described as BRL 52.17 and BRL 52.01 per share, while preferred purchases used BRL 50.20 per share. These figures were converted to U.S. dollars using a 5.2540 BRL per USD Treasury reporting exchange rate as of March 31, 2026.

Director-linked funds in AXIA Energia (AXIA) sell common shares, buy Class "C" preferred

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

AXIA Energia S.A. director Pedro Batista de Lima Filho reported mixed trades in AXIA common and Class "C" preferred shares mainly through managed accounts. On June 12, 2026, entities associated with him sold a total of 178,900 common shares in open-market transactions and bought 46,300 Class "C" preferred shares, resulting in a net reduction of 132,600 shares. A smaller sale of 500 common shares occurred on June 5, 2026. Footnotes state that the shares are held in investment vehicles managed by Radar Gestora, and both the entities and Mr. Filho disclaim beneficial ownership beyond their economic interest. The Class "C" Preferred Shares automatically convert into common on a 1:1 basis, with 4% of the originally issued volume converting in each of fiscal years 2026 through 2030, and the remainder in 2031, unless earlier redeemed.

Insights

Director-linked vehicles report net common-share sales offset by preferred-share purchases.

Entities associated with Pedro Batista de Lima Filho, a director of AXIA Energia S.A., reported open-market sales of 178,900 common shares and purchases of 46,300 Class "C" Preferred Shares on June 12, 2026, plus a small earlier sale on June 5, 2026. The filing shows a net reduction of 132,600 shares across these trades.

The transactions occur largely via managed accounts such as Maliko, Manuka, Tucurui, Xingo, Radar and Infrad, overseen by Radar Gestora. Footnotes clarify that both these vehicles and Mr. Filho disclaim beneficial ownership beyond their pecuniary interest, which makes the economic exposure more diffuse than a direct personal holding.

Class "C" Preferred Shares convert automatically into common on a 1:1 basis, with 4% of the originally issued preferred stock converting in each fiscal year from 2026 to 2030 and the remaining balance in 2031. Over time, this structure gradually increases the common-share float, but the exact impact depends on the originally issued volume and any prior redemptions, which are not detailed here.

Insider Trade Summary

Net Seller: 132,600 shares ($1,775,943)

Net Sell 13 txns

Insider Batista de Lima Filho Pedro

Role null

Bought 46,300 shs ($442K)

Sold 178,900 shs ($1.78M)

Type	Security	Shares	Price	Value
Purchase	Class "C" Preferred Shares	21,400	$9.55	$204K
Purchase	Class "C" Preferred Shares	10,200	$9.55	$97K
Purchase	Class "C" Preferred Shares	500	$9.55	$5K
Purchase	Class "C" Preferred Shares	700	$9.55	$7K
Purchase	Class "C" Preferred Shares	6,600	$9.55	$63K
Purchase	Class "C" Preferred Shares	6,900	$9.55	$66K
Sale	Common Shares	122,100	$9.93	$1.21M
Sale	Common Shares	9,900	$9.90	$98K
Sale	Common Shares	700	$9.90	$7K
Sale	Common Shares	39,000	$9.93	$387K
Sale	Common Shares	6,700	$9.90	$66K
holding	Common Shares	--	--	--
Sale	Common Shares	500	$9.90	$5K

Holdings After Transaction: Class "C" Preferred Shares — 4,816,030 shares (Indirect, By managed account); Common Shares — 15,576,440 shares (Indirect, By managed account); Common Shares — 51,115 shares (Direct, null)

Footnotes (1)

The price reported in column 4 is a weighted average price. The reporting person undertakes to provide to AXIA Energia S.A. ("AXIA"), any security holder of AXIA, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price. The weighted average price, $52.17 Brazilian reals ("BRL") per share, has been converted to U.S. dollars ("USD") using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate, applicable to transactions through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price. Pedro Batista de Lima Filho ("Mr. Filho") is a partner at Radar Gestora de Recursos Ltda. ("Radar Gestora"), which is responsible for the portfolio management of MALIKO INVESTMENTS LLC - BANCO BTG PACTUAL S/A ("Maliko") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of its relationship with Maliko. For the purposes of this filing, each of Maliko and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Maliko or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise. The price reported in column 4 is a weighted average price. The reporting person undertakes to provide to AXIA, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price. The weighted average price, $52.01 BRL per share, has been converted to USD using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate, applicable to transactions through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of MANUKA INVESTMENTS LLC - BANCO BTG PACTUAL S/A ("Manuka") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of its relationship with Manuka. For the purposes of this filing, each of Manuka and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Manuka or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of TUCURUI MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES ("Tucurui") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. For the purposes of this filing, each of Tucurui and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Tucurui or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of XINGO MASTER FUNDO DE INVESTIMENTO FINANCEIRO DE ACOES ("Xingo") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. For the purposes of this filing, each of Xingo and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Xingo or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of RADAR MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES ("Radar") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of its relationship with Radar. For the purposes of this filing, each of Radar and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Radar or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of INFRAD MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES ("Infrad") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of its relationship with Infrad. For the purposes of this filing, each of Infrad and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Infrad or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise. Pursuant to Article 11 of the Bylaws of the Company, the Class "C" Preferred Shares shall be automatically converted into Common Shares, assuming such Class "C" Preferred Shares are not earlier mandatorily redeemed by the Company in accordance with its Bylaws, at a ratio of 1:1, as follows: 4% of the total volume of originally-issued Class "C" Preferred Shares, allocated proportionally among all holders, in each of the fiscal years 2026, 2027, 2028, 2029 and 2030; and all Class "C" Preferred Shares remaining, in fiscal year 2031. The price reported in column 4 is a weighted average price. The reporting person undertakes to provide to AXIA, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price. The weighted average price, $50.20 BRL per share, has been converted to USD using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate, applicable to transactions through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price.

Key Figures

Common shares sold: 178,900 shares Class C Preferred purchased: 46,300 shares Net share change: -132,600 shares +5 more

8 metrics

Common shares sold 178,900 shares Open-market sales reported for June 2026

Class C Preferred purchased 46,300 shares Open-market purchases on June 12, 2026

Net share change -132,600 shares Net of buys and sells in transaction summary

Weighted avg sale price 1 52.17 BRL/share Common-share sales, converted using 5.2540 BRL per USD

Weighted avg sale price 2 52.01 BRL/share Additional common-share sales at weighted average price

Weighted avg purchase price 50.20 BRL/share Class C Preferred open-market purchases

FX rate used 5.2540 BRL per USD Treasury Reporting Rates of Exchange as of March 31, 2026

Class C annual conversion 4% per year Originally issued preferred volume converting 2026–2030

Key Terms

weighted average price, performance-based compensation, pecuniary interest, automatically converted, +2 more

6 terms

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

performance-based compensation financial

"and receives a performance-based compensation in his capacity as a partner"

Pay that rises or falls with measurable results, where employees or executives receive bonuses, stock, or other rewards only if specific performance goals are met. Investors care because it aligns the interests of managers with owners—like paying a driver by miles driven rather than time—so it can encourage stronger company results, affect future earnings and risk-taking, and signal confidence (or potential incentives for short-term decisions).

pecuniary interest financial

"disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein"

automatically converted financial

"the Class "C" Preferred Shares shall be automatically converted into Common Shares"

Treasury Reporting Rates of Exchange financial

"using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange"

Class "C" Preferred Shares financial

"Pursuant to Article 11 of the Bylaws of the Company, the Class "C" Preferred Shares"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/16/2026 - 03:48 PM Accepted by SEC EDGAR 06/16/2026 - 03:47 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Batista de Lima Filho Pedro

(Last)

(First)

(Middle)

AVENIDA GRACA ARANHA, NO. 26

CENTRO

(Street)

RIO DE JANEIRO

20030-000

(City)

(State)

(Zip)

BRAZIL

(Country)

2. Issuer Name and Ticker or Trading Symbol
AXIA Energia S.A. [ AXIA3 ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol
[AXIA7]

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	06/12/2026		S		122,100	D	$9.93⁽¹⁾	15,576,440	I	By managed account⁽²⁾
Common Shares	06/12/2026		S		9,900	D	$9.9⁽³⁾	7,346,890	I	By managed account⁽⁴⁾
Common Shares	06/05/2026		S		500	D	$9.9⁽³⁾	367,227	I	By managed account⁽⁵⁾
Common Shares	06/12/2026		S		700	D	$9.9⁽³⁾	483,132	I	By managed account⁽⁶⁾
Common Shares	06/12/2026		S		39,000	D	$9.93⁽¹⁾	4,861,763	I	By managed account⁽⁷⁾
Common Shares	06/12/2026		S		6,700	D	$9.9⁽³⁾	5,013,810	I	By managed account⁽⁸⁾
Common Shares								51,115	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class "C" Preferred Shares	⁽⁹⁾	06/12/2026		P		21,400		⁽⁹⁾	⁽⁹⁾	Common Shares	21,400	$9.55⁽¹⁰⁾	4,816,030	I	By managed account⁽²⁾
Class "C" Preferred Shares	⁽⁹⁾	06/12/2026		P		10,200		⁽⁹⁾	⁽⁹⁾	Common Shares	10,200	$9.55⁽¹⁰⁾	1,713,266	I	By managed account⁽⁴⁾
Class "C" Preferred Shares	⁽⁹⁾	06/12/2026		P		500		⁽⁹⁾	⁽⁹⁾	Common Shares	500	$9.55⁽¹⁰⁾	62,198	I	By managed account⁽⁵⁾
Class "C" Preferred Shares	⁽⁹⁾	06/12/2026		P		700		⁽⁹⁾	⁽⁹⁾	Common Shares	700	$9.55⁽¹⁰⁾	81,786	I	By managed account⁽⁶⁾
Class "C" Preferred Shares	⁽⁹⁾	06/12/2026		P		6,600		⁽⁹⁾	⁽⁹⁾	Common Shares	6,600	$9.55⁽¹⁰⁾	1,531,308	I	By managed account⁽⁷⁾
Class "C" Preferred Shares	⁽⁹⁾	06/12/2026		P		6,900		⁽⁹⁾	⁽⁹⁾	Common Shares	6,900	$9.55⁽¹⁰⁾	1,340,512	I	By managed account⁽⁸⁾

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. The reporting person undertakes to provide to AXIA Energia S.A. ("AXIA"), any security holder of AXIA, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price. The weighted average price, $52.17 Brazilian reals ("BRL") per share, has been converted to U.S. dollars ("USD") using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate, applicable to transactions through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price.

2. Pedro Batista de Lima Filho ("Mr. Filho") is a partner at Radar Gestora de Recursos Ltda. ("Radar Gestora"), which is responsible for the portfolio management of MALIKO INVESTMENTS LLC - BANCO BTG PACTUAL S/A ("Maliko") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of its relationship with Maliko. For the purposes of this filing, each of Maliko and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Maliko or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise.

3. The price reported in column 4 is a weighted average price. The reporting person undertakes to provide to AXIA, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price. The weighted average price, $52.01 BRL per share, has been converted to USD using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate, applicable to transactions through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price.

4. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of MANUKA INVESTMENTS LLC - BANCO BTG PACTUAL S/A ("Manuka") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of its relationship with Manuka. For the purposes of this filing, each of Manuka and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Manuka or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise.

5. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of TUCURUI MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES ("Tucurui") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. For the purposes of this filing, each of Tucurui and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Tucurui or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise.

6. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of XINGO MASTER FUNDO DE INVESTIMENTO FINANCEIRO DE ACOES ("Xingo") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. For the purposes of this filing, each of Xingo and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Xingo or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise.

7. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of RADAR MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES ("Radar") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of its relationship with Radar. For the purposes of this filing, each of Radar and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Radar or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise.

8. Mr. Filho is a partner at Radar Gestora, which is responsible for the portfolio management of INFRAD MASTER FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES ("Infrad") and receives a performance-based compensation in his capacity as a partner of Radar Gestora. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of its relationship with Infrad. For the purposes of this filing, each of Infrad and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Infrad or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Exchange Act, or otherwise.

9. Pursuant to Article 11 of the Bylaws of the Company, the Class "C" Preferred Shares shall be automatically converted into Common Shares, assuming such Class "C" Preferred Shares are not earlier mandatorily redeemed by the Company in accordance with its Bylaws, at a ratio of 1:1, as follows: 4% of the total volume of originally-issued Class "C" Preferred Shares, allocated proportionally among all holders, in each of the fiscal years 2026, 2027, 2028, 2029 and 2030; and all Class "C" Preferred Shares remaining, in fiscal year 2031.

10. The price reported in column 4 is a weighted average price. The reporting person undertakes to provide to AXIA, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price. The weighted average price, $50.20 BRL per share, has been converted to USD using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate, applicable to transactions through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). Brokerage commissions and other costs of execution, if any, are excluded from the reported price.

Remarks:

	/s/ Pedro Batista de Lima Filho	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did AXIA (AXIA) disclose for June 2026?

AXIA reported that entities linked to director Pedro Batista de Lima Filho sold 178,900 common shares and bought 46,300 Class "C" Preferred Shares on June 12, 2026, plus a 500-share common sale on June 5, 2026, producing a net 132,600-share reduction.

Were the AXIA (AXIA) trades made directly by Pedro Batista de Lima Filho?

The trades occurred through managed accounts, including entities like Maliko, Manuka, Tucurui, Xingo, Radar and Infrad. Footnotes state these vehicles and Mr. Filho disclaim beneficial ownership beyond their pecuniary interest, so the transactions are attributed primarily to those investment entities.

How many AXIA (AXIA) shares were bought versus sold in this Form 4?

The summary shows purchases of 46,300 Class "C" Preferred Shares and sales of 178,900 common shares, plus a 500-share common sale earlier in June. Overall, the filing reflects a net sell direction of 132,600 shares across the reported transactions, combining all managed accounts.

How do AXIA (AXIA) Class "C" Preferred Shares convert into common stock?

Class "C" Preferred Shares automatically convert into common shares at a 1:1 ratio under AXIA’s bylaws. Four percent of the originally issued Class "C" volume converts in each fiscal year from 2026 to 2030, with all remaining preferred shares converting in fiscal year 2031 unless previously redeemed.

What role does Radar Gestora play in the AXIA (AXIA) insider positions?

Radar Gestora de Recursos Ltda. manages portfolios for entities such as Maliko, Manuka, Tucurui, Xingo, Radar and Infrad, which hold AXIA securities. Mr. Filho is a partner there and receives performance-based compensation, so he may be deemed to indirectly beneficially own shares to the extent of his pecuniary interest.