Gerdau (NYSE: GGB) executive details ADR stake and RSUs vesting 2027–2029
Rhea-AI Filing Summary
GERDAU S.A. senior management member Wang Chia Yuan reports current holdings of the company’s securities. The filing shows direct ownership of 226,635 preferred shares plus an additional 882 preferred shares.
He also holds several restricted stock unit awards tied to preferred shares: 75,639 underlying shares at an exercise price of $4.04 expiring on March 1, 2029; 102,580 underlying shares at $2.83 expiring on March 1, 2028; 184,494 underlying shares at $3.57 expiring on July 31, 2027; and 76,817 underlying shares at $3.58 expiring on March 1, 2027. Footnotes indicate these restricted stock units vest on March 1, 2027, July 31, 2027, March 1, 2028 and March 1, 2029, respectively, in the form of American Depositary Receipts.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Wang Chia Yuan
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 439,530 shares (Direct);
Preferred shares — 227,517 shares (Direct)
Footnotes (5)
- F1. American Depositary Receipts.
- F2. Restricted stock units vest on March 1, 2027 (American Depositary Receipts).
- F3. Restricted stock units vest on July 31, 2027 (American Depositary Receipts).
- F4. Restricted stock units vest on March 1, 2028 (American Depositary Receipts).
- F5. Restricted stock units vest on March 1, 2029 (American Depositary Receipts).
Key Figures
Preferred shares holding: 226,635 preferred shares
Additional preferred shares: 882 preferred shares
RSU tranche 1: 75,639 underlying shares at $4.04
+3 more
6 metrics
Preferred shares holding
226,635 preferred shares
Direct ownership reported
Additional preferred shares
882 preferred shares
Separate direct holding
RSU tranche 1
75,639 underlying shares at $4.04
Restricted Stock Units, expire March 1, 2029
RSU tranche 2
102,580 underlying shares at $2.83
Restricted Stock Units, expire March 1, 2028
RSU tranche 3
184,494 underlying shares at $3.57
Restricted Stock Units, expire July 31, 2027
RSU tranche 4
76,817 underlying shares at $3.58
Restricted Stock Units, expire March 1, 2027
Key Terms
Restricted Stock Units, American Depositary Receipts, Preferred shares, Senior management
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with underlying preferred shares."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
American Depositary Receipts financial
"Footnotes state restricted stock units vest into American Depositary Receipts."
A certificate traded on U.S. markets that represents ownership of shares in a foreign company, letting U.S. investors buy and sell that company as if it were listed domestically. Think of it as a local voucher for a foreign product: it makes price quotes in dollars, trades on familiar exchanges, and brings differences in liquidity, fees and legal protections that can affect returns and risk compared with buying the underlying foreign shares directly.
Senior management financial
"Reporting person is described as "Senior management" of GERDAU S.A."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider holdings does GERDAU S.A. (GGB) report for Wang Chia Yuan?
The filing shows Wang Chia Yuan directly holds 226,635 preferred shares plus 882 additional preferred shares. It also lists several restricted stock unit awards that can convert into preferred shares upon vesting and exercise under specified prices and dates.
What restricted stock units does Wang Chia Yuan hold in GGB?
He holds four restricted stock unit awards over preferred shares: 75,639, 102,580, 184,494 and 76,817 underlying shares. Each award has its own exercise price, expiration date and vesting schedule, giving potential future equity exposure in GERDAU S.A.
What are the exercise prices of Wang Chia Yuan’s GGB restricted stock units?
The restricted stock units have exercise prices of $4.04, $2.83, $3.57 and $3.58 per underlying preferred share. These prices define the cost to convert each unit into preferred shares when the awards become exercisable under their terms.
When do Wang Chia Yuan’s GGB restricted stock units vest?
Footnotes state that the restricted stock units vest on March 1, 2027, July 31, 2027, March 1, 2028 and March 1, 2029. Upon vesting, they are deliverable in American Depositary Receipts representing GERDAU S.A. preferred shares, subject to each award’s conditions.
How are American Depositary Receipts referenced in this GGB insider filing?
American Depositary Receipts are explicitly mentioned in the footnotes. They clarify that the restricted stock units vest into American Depositary Receipts on specific dates, providing a U.S.-traded representation of GERDAU S.A. preferred shares rather than local-market securities directly.