New Insider Jose Reinaldo Magalhaes Files Initial Ownership at Energy Co of Minas Gerais
| Field | Detail |
|---|---|
| Company | Magalhaes Jose Reinaldo |
| Form Type | 3 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-filing, form-3, initial-ownership, corporate-governance
TL;DR
**New insider Magalhaes just filed his initial ownership at Energy Co of Minas Gerais, watch for future trades.**
AI Summary
Jose Reinaldo Magalhaes, a new insider at Energy Co of Minas Gerais (Issuer CIK: 0001157757), filed a Form 3 on March 24, 2026, indicating his initial beneficial ownership of securities as of June 26, 2025. This filing is important because it signals that Magalhaes has taken on a role that grants him access to non-public information, and his future buying or selling activity could provide insights into the company's prospects. Investors should monitor his subsequent filings (Form 4) for changes in his holdings.
Why It Matters
This filing introduces a new insider, Jose Reinaldo Magalhaes, to Energy Co of Minas Gerais, whose future trading activity could signal confidence or concern about the company's direction.
Risk Assessment
Risk Level: low — A Form 3 filing is purely informational and does not indicate any buying or selling activity, thus posing minimal direct risk.
Analyst Insight
Smart investors should add Jose Reinaldo Magalhaes to their insider tracking list for Energy Co of Minas Gerais and monitor future Form 4 filings for any buying or selling activity, which could provide insights into his sentiment about the company.
Key Players & Entities
- Jose Reinaldo Magalhaes (person) — Reporting Person, new insider
- Energy Co of Minas Gerais (company) — Issuer of securities
- 0001157557 (company) — CIK for Energy Co of Minas Gerais
- 0002122034 (person) — CIK for Jose Reinaldo Magalhaes
FAQ
What is the purpose of a Form 3 filing?
A Form 3 is an 'Initial statement of beneficial ownership of securities' filed by an insider (like Jose Reinaldo Magalhaes) when they first become an officer, director, or beneficial owner of more than 10% of a class of a company's equity securities. It discloses their initial holdings.
When was Jose Reinaldo Magalhaes's initial beneficial ownership established?
The period of report for this filing is June 26, 2025, indicating that his initial beneficial ownership was established on that date.
Filing Stats: 410 words · 2 min read · ~1 pages · Grade level 9.4 · Accepted 2026-03-24 10:13:26
Filing Documents
- primary_doc.html (3)
- primary_doc.xml (3) — 2KB
- 0001157557-26-000005.txt ( ) — 3KB
From the Filing
SEC FORM 3 SEC Form 3 FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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: 3235-0104 Estimated average burden hours per response: 0.5 1. Name and Address of Reporting Person * Magalhaes Jose Reinaldo (Last) (First) (Middle) BARBACENA 1.200 AVENUE (Street) BELO HORIZONTE MINAS GERAIS 30190-131 (City) (State) (Zip) BRAZIL (Country) 2. Date of Event Requiring Statement (Month/Day/Year) 06/26/2025 3. Issuer Name and Ticker or Trading Symbol ENERGY CO OF MINAS GERAIS [ CIG,CIGC ] 3a. Foreign Trading Symbol [ CMIG3,CMIG4 ] 5. If Amendment, Date of Original Filed (Month/Day/Year) 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below) 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person Table I - Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: No securities are beneficially owned. Matheus Campos, Attorney-in-Fact for Magalhaes Jose 03/24/2026 ** 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 5 (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 3: SEC 1473 (03-26)