Batista de Lima Filho Pedro sold $26.4M of AXIAY (indirect holdings)
Batista de Lima Filho Pedro sold 2,237,300 indirectly-held shares of AXIA Energia S.A. (AXIAY) at $11.81 ($26.42M total) across 6 trades on 2026-10-05.
How this was made
The 30-second read
Market read
The insider sale may signal reduced confidence from a senior insider, potentially exerting modest downward pressure on the stock.
Timing
same-day filing
Background
SEC Form 4 filing discloses a director of AXIA Energia S.A. sold $26.4 million of shares at $11.81 each, reducing his holdings to 4.95 million shares.