AXICY insider ownership: who sold, why, and what they still hold

What stands out

Three directors bought shares: de Batista (3.22M shares, $34.5M), Matte Corso (9K shares, $92K) and Marinho de Bittencourt (100 shares, $1K). These are the first purchases by current officers or directors in the filings on record.de Batista: purchase, May 8, 2026 · Matte Corso: purchase, Aug 17, 2026 · Marinho de Bittencourt: purchase, Aug 26, 2026

de Batista sold $199M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Apr 17, 2026

A share of stake is shown for 0 of the 3 officers and directors who sold. 20 are left out

Left out: Filho Abdalla, de Batista, Monteiro de Souza, Nascimento Limp, Sampaio Gualda, Freitas de Siqueira, Wolff de Meirelles, Matte Corso, Marinho de Bittencourt, Moreira Hubner, Silva Cavalcante, Pereira Dadald, Freitas de Carvalho, Dias Villela, Rodrigues Pinheiro, Godoy Varejao, Santos Costa, Eduardo Haiama, Campos Falconi and Dantas de Carvalho (share of stake is being verified).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

de Batista

Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$199MNo plan disclosed

Sampaio Gualda

*Executive Vice-President of Governance, Risks, Compliance and Sustainability

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$405KNo plan disclosed

Nascimento Limp

*Executive Vice-President of Regulation, Institutional, Market Regulation and Corporate Relations

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$190KNo plan disclosed

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

Oct 7, 2026de Batista sold 837K shares ($9.6M) with no plan disclosed.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
de Batista Director	837,000	$11.50	n/a	n/a	Oct 7, 2026	Oct 9, 2026

Oct 5, 2026de Batista sold 2.24M shares ($26.4M) with no plan disclosed.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
de Batista Director	2,237,300	$11.81	n/a	n/a	Oct 5, 2026	Oct 7, 2026

Oct 2, 2026de Batista bought 490K shares ($5.3M). 1.22M shares came in from vesting or option exercises the same day, so the holding rose by 1.71M net.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
de Batista Director	489,900	$10.81	n/a	n/a	Oct 2, 2026	Oct 6, 2026

Sep 30, 2026de Batista sold 404K shares ($4.3M) with no plan disclosed.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
de Batista Director	404,000	$10.69	n/a	n/a	Sep 30, 2026	Oct 2, 2026

Sep 21, 2026de Batista bought 91K shares ($960K).

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
de Batista Director	91,000	$10.55	n/a	n/a	Sep 21, 2026	Sep 23, 2026

Show all 7 events

Sep 14, 2026de Batista bought 513K shares ($5.4M).

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
de Batista Director	512,900	$10.49	n/a	n/a	Sep 14, 2026	Sep 16, 2026

Sep 14, 2026de Batista sold 81K shares ($860K) with no plan disclosed.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
de Batista Director	80,800	$10.64	n/a	n/a	Sep 14, 2026	Sep 16, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the AXIA Energia S.A. CEO selling stock?

No. Monteiro de Souza reported no open-market sales in the past 12 months.

Why are AXIA Energia S.A. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any AXIA Energia S.A. insiders buying?

Yes. 3 officers or directors reported 44 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold3 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
de Batista Director	$199M 18.42M shares	Not confirmed share of stake is being verified. Why	No plan disclosed
Sampaio Gualda *Executive Vice-President of Governance, Risks, Compliance and Sustainability	$405K 37K shares	Not confirmed share of stake is being verified. Why	No plan disclosed
Nascimento Limp *Executive Vice-President of Regulation, Institutional, Market Regulation and Corporate Relations	$190K 15K shares	Not confirmed share of stake is being verified. Why	No plan disclosed

The full ownership picture0 of 20 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 13, 2025

Sold

Held Oct 13, 2026

Still held

Filho Abdalla

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Filho Abdalla are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for Filho Abdalla

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Filho Abdalla are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

de Batista

Director

n/a

−18.42M

n/a

Vesting, gifts, unvested awards and holding lines for de Batista

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for de Batista are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Monteiro de Souza

*Chief Executive Officer

n/a

−31K

n/a

Vesting, gifts, unvested awards and holding lines for Monteiro de Souza

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Monteiro de Souza are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
1,453,527	$42.00	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Nascimento Limp

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Nascimento Limp are complete.

*Executive Vice-President of Regulation, Institutional, Market Regulation and Corporate Relations

n/a

−15K

n/a

Vesting, gifts, unvested awards and holding lines for Nascimento Limp

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Nascimento Limp are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

−12Kwithheld by the company for taxes

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
677,891	$42.00	n/a	$0
231,094	$42.00	n/a	$0
628,212	$54.18	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Sampaio Gualda

*Executive Vice-President of Governance, Risks, Compliance and Sustainability

n/a

−37K

n/a

Vesting, gifts, unvested awards and holding lines for Sampaio Gualda

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Sampaio Gualda are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

−8.3Kwithheld by the company for taxes

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
585,452	$42.00	n/a	$0
203,364	$42.00	n/a	$0
542,547	$54.18	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Freitas de Siqueira

*Legal Vice-Presidency

n/a

−2.8K

n/a

Vesting, gifts, unvested awards and holding lines for Freitas de Siqueira

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Freitas de Siqueira are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
677,891	$42.00	n/a	$0
231,094	$42.00	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Wolff de Meirelles

*Executive Vice-President

n/a

Vesting, gifts, unvested awards and holding lines for Wolff de Meirelles

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Wolff de Meirelles are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

−2.1Kwithheld by the company for taxes

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
801,144	$42.00	n/a	$0
240,338	$42.00	n/a	$0
742,432	$54.18	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Matte Corso

Director

n/a

Vesting, gifts, unvested awards and holding lines for Matte Corso

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Matte Corso are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Marinho de Bittencourt

Director

n/a

Vesting, gifts, unvested awards and holding lines for Marinho de Bittencourt

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Marinho de Bittencourt are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Moreira Hubner

Director

n/a

Vesting, gifts, unvested awards and holding lines for Moreira Hubner

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Moreira Hubner are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Silva Cavalcante

Director

n/a

Vesting, gifts, unvested awards and holding lines for Silva Cavalcante

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Silva Cavalcante are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Pereira Dadald

Director

n/a

Vesting, gifts, unvested awards and holding lines for Pereira Dadald

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Pereira Dadald are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Freitas de Carvalho

*Executive Vice-President of Commercialization

n/a

Vesting, gifts, unvested awards and holding lines for Freitas de Carvalho

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Freitas de Carvalho are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
770,331	$42.00	n/a	$0
231,094	$42.00	n/a	$0
713,878	$54.18	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Dias Villela

Director

n/a

Vesting, gifts, unvested awards and holding lines for Dias Villela

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Dias Villela are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Rodrigues Pinheiro

*Executive Vice President of Expansion Engineering

n/a

Vesting, gifts, unvested awards and holding lines for Rodrigues Pinheiro

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Rodrigues Pinheiro are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
770,331	$42.00	n/a	$0
231,094	$42.00	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Godoy Varejao

*Executive Vice President of Operations and Security

n/a

Vesting, gifts, unvested awards and holding lines for Godoy Varejao

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Godoy Varejao are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
647,078	$42.00	n/a	$0
231,094	$42.00	n/a	$0
599,657	$54.18	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Santos Costa

*Executive Vice President of People and Services

n/a

Vesting, gifts, unvested awards and holding lines for Santos Costa

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Santos Costa are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
585,452	$42.00	n/a	$0
203,364	$42.00	n/a	$0
542,547	$54.18	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Eduardo Haiama

*Executive Vice-President of Finance and Investor Relations

n/a

Vesting, gifts, unvested awards and holding lines for Eduardo Haiama

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Eduardo Haiama are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
770,331	$42.00	n/a	$0
231,094	$42.00	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Campos Falconi

Director

n/a

Vesting, gifts, unvested awards and holding lines for Campos Falconi

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Campos Falconi are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Dantas de Carvalho

*Executive Vice President of Innovation, R&D, Digital and IT

n/a

Vesting, gifts, unvested awards and holding lines for Dantas de Carvalho

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Dantas de Carvalho are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
616,265	$42.00	n/a	$0
203,364	$42.00	n/a	$0

Estimate: options held × ($11.50 − strike price), using the most recent insider trade price on Form 4 (Oct 7, 2026), not a market close.

Holdings and share of stake for AXIA Energia S.A. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$200M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $200M across 18,504,109 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $200M

Sales with no 10b5-1 plan and no tax reference in the filing. $199M of it is de Batista. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: de Batista, Apr 17, 2026

Taxes

22,740 shares ($0) were withheld by the company for taxes, which isn't a market sale.

Purchases · 3 buyers (44 trades)

3 officers and directors bought shares in this period, in 44 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 44 purchase trades.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
de Batista Director	18.42M	$199M	0%	99.7%	Apr 17, 2026 to Oct 7, 2026
Sampaio Gualda *Executive Vice-President of Governance, Risks, Compliance and Sustainability	37K	$405K	0%	0.2%	Apr 7, 2026 to Sep 4, 2026
Nascimento Limp *Executive Vice-President of Regulation, Institutional, Market Regulation and Corporate Relations	15K	$190K	0%	0.1%	Apr 15, 2026 to Apr 15, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$0	$0	$0	$0
Dec 2025	$0	$0	$0	$0
Jan 2026	$0	$0	$0	$0
Feb 2026	$0	$0	$0	$0
Mar 2026	$0	$0	$0	$0
Apr 2026	$28.2M	$0	$0	$28.2M
May 2026	$76.5M	$0	$0	$76.5M
Jun 2026	$25.6M	$0	$0	$25.6M
Jul 2026	$13.8M	$0	$0	$13.8M
Aug 2026	$14.5M	$0	$0	$14.5M
Sep 2026	$5.3M	$0	$0	$5.3M
Oct 2026	$36.0M	$0	$0	$36.0M

Known gaps and uncertainty20 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for AXIA Energia S.A. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology150 filings on record, 150 filed in the 12-month period, and how we read them

All 150 Forms 3, 4 and 5 on record for AXIA Energia S.A. (SEC CIK 1439124), filed from Mar 18, 2026 to Oct 9, 2026; 150 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (14)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Doherty Fontes		No balance on record
Taveiros Teixeira		No balance on record
Brandao Bellentani		No balance on record
Carlos Ferreira		No balance on record
Denilvo Morais		No balance on record
Tolmasquim Tiomno		No balance on record
Jose dos Santos		No balance on record
Freire Grossi		No balance on record
Gadelha Eloy		No balance on record
Paulo Franceschi		No balance on record
Regis Dudena		No balance on record
Luiz Nannini		No balance on record
Lopes Claro		No balance on record
Catia Tokoro		No balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.

AXIA Energia S.A. insiders sold $200M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Recent activity

Common questions

Is the AXIA Energia S.A. CEO selling stock?

Why are AXIA Energia S.A. insiders selling?

Are any AXIA Energia S.A. insiders buying?

The evidence

No plan disclosed · $200M

Taxes

Purchases · 3 buyers (44 trades)

Sales by month