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Petrobras (NYSE: PBR) details phantom share balance for product chief
Petrobras’s Chief Product Officer, William Franca Da Silva, has updated his phantom share holdings, now totaling 285.52 phantom shares tied to PETR3 common shares. These shares are part of the Petrobras Performance Award Program, settled in cash upon vesting, and increase proportionally with company dividends or interest on equity. The reference price for these shares is $10.49, based on a conversion from BRL to USD on April 22, 2026.