GERDAU S.A. (GGB) SEC Filings

Gerdau S.A. and Metalúrgica Gerdau S.A. approved dividends as an anticipation of the minimum payment for fiscal 2026. Gerdau S.A. set R$ 0.34 per common and preferred share, payable December 15, 2026; its ADR schedule lists R$ 0.34 per share, payable December 22. Metalúrgica Gerdau S.A. set R$ 0.16 per share, payable December 16. For Gerdau and Metalúrgica shares, the record date is November 10 and the ex-dividend date is November 11; both dates for Gerdau ADRs are November 12.

Gerdau S.A.'s board approved cancellation of 277,600 common shares, without reducing capital. Its capital is now divided into 716,698,119 common shares and 1,261,042,330 preferred shares. An amendment to Article 4 of the bylaws reflecting the new share count is to be resolved at a shareholders’ meeting to be called in due course, and the current share buyback plan remains in effect.

Gerdau S.A. completed the acquisition of the remaining interests in Dona Francisca Energética S.A. (DFESA), paying R$300 million in cash with its own funds, net of proportional consolidated cash. On July 20, 2026 and August 6, 2026, it acquired a 23.03% interest from each of Centrais Elétricas de Santa Catarina S.A. and Companhia Paranaense de Energia, bringing its ownership to 100% and DFESA into consolidation. Gerdau recorded a R$243.8 million gain from remeasuring its previously held interest. Gerdau now uses DFESA's entire 65.94 average MW of firm energy for self-production; the company says the acquisition increases self-generation to more than 50% of its energy consumption.

For the nine months ended September 30, 2026, net sales were R$53.277 billion, compared with R$52.884 billion a year earlier; net income was R$4.042 billion versus R$2.712 billion, and net cash provided by operating activities was R$5.741 billion versus R$4.840 billion. As of September 30, 2026, cash and cash equivalents were R$5.696 billion, and loans and financing totaled R$9.164 billion.

Gerdau S.A. said S&P Global Ratings affirmed its credit ratings and revised its outlook from stable to positive. S&P cited its expectation of a stronger operating and financial profile over the next years, supported by North American operations, competitiveness and efficiency gains from strategic investments in Brazil, prospective cash-flow generation, and conservative capital allocation and financial policies with low leverage.

The updated table lists S&P at brAAA on the national scale and BBB on the global scale, with a positive outlook (October 2026); Fitch at brAAA and BBB, with a positive outlook (July 2026); and Moody’s at Baa2 on the global scale, with a stable outlook (March 2026).

GERDAU S.A. (GGB) Vice-Chairman of Board Johannpeter Claudio sold 85,607 preferred shares on September 23, 2026, at a reported $4.94 per share, translated from Brazilian reais using the September 23 selling rate of R$5.1414 per US$1.00. His reported direct preferred-share holding afterward was zero. The report also lists direct restricted stock units tied to 106,519, 116,745 and 105,670 preferred shares, vesting on February 12, 2027, February 12, 2028 and February 12, 2029, respectively.

GERDAU S.A. (GGB) reports that Executive Vice President Rafael Gamboa Lopes sold 51,800 preferred shares on September 17, 2026 at $5.09 per share, leaving him with 83,399 preferred shares held directly. He also holds several tranches of restricted stock units linked to preferred shares with exercise prices translated from Brazilian reais.

GERDAU S.A. (GGB) announced that it and several affiliates have entered into a new global credit facility, the Senior Unsecured Global Working Capital Credit Agreement, replacing an existing facility. A fully available and undrawn US$875,000,000.00 facility will be replaced by a US$1,125,000,000.00 facility, increasing total availability by approximately 29%.

The new credit facility has a five-year term from execution, with maturity expected at the end of August 2031 and a possible extension of up to one year. It is administered by Crédit Agricole Corporate and Investment Bank and includes participation from nine creditor banks, contracted under their respective credit approval procedures and the terms and conditions established by Gerdau.

GERDAU S.A. (GGB) reported that Executive Vice President Marcos Eduardo Faraco received a grant of 107,749 Restricted Stock Units on July 15, 2026. Each unit corresponds to one preferred share at a conversion price of $3.75 (translated from Brazilian reais) and is scheduled to become exercisable on August 1, 2027. Footnotes state this grant reflects additional units from an amendment to his long term incentive plan, increasing the shares attributable to the plan from 71,832 to 179,581.

The filing also lists existing Restricted Stock Unit positions over several maturities through 2029, and indicates that Faraco currently holds no preferred shares directly.

GERDAU S.A. (GGB) reports an amended Form 3 for officer Gustavo de Franca Silva, updating his equity holdings. The amendment corrects the number of preferred shares beneficially owned, now reported as 37,511 shares held directly. It also lists several outstanding restricted stock unit (RSU) awards over preferred shares, with exercise prices stated in Brazilian reais and vesting dates from February 2027 through February 2029. The filing records positions only and does not report any new purchases, sales, or exercises.