GERDAU S.A. (GGB) insider discloses 18,119 RSU-linked preferred shares vesting in 2029
Rhea-AI Filing Summary
GERDAU S.A. senior manager Marcos Zilles Mattiello reported his equity holdings, including Restricted Stock Units that are convertible into 18,119 preferred shares at a conversion price of $4.0400 per share. According to the disclosure, these restricted stock units vest on March 1, 2029 and are associated with American Depositary Receipts. The filing also lists direct holdings of preferred shares, with no new purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Mattiello Marcos Zilles
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
| holding | Preferred shares F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 18,119 shares (Direct);
Preferred shares — 19,384.111 shares (Direct)
Footnotes (2)
- F1. American Depositary Receipts.
- F2. Restricted stock units vest on March, 1, 2029 (American Depositary Receipts).
Key Figures
Underlying preferred shares: 18,119.0000 shares
Conversion price: $4.0400 per share
Vesting/expiration date: 2029-03-01
+2 more
5 metrics
Underlying preferred shares
18,119.0000 shares
Underlying shares for Restricted Stock Units held directly by the insider
Conversion price
$4.0400 per share
Conversion or exercise price for the Restricted Stock Units
Vesting/expiration date
2029-03-01
Vesting date for the Restricted Stock Units and expiration date in derivative summary
RSU holdings entry
18,119.0000 units
Total shares following transaction for Restricted Stock Units holding entry
Holding entries
3
Number of holding entries reported in transaction summary
Key Terms
Restricted Stock Units, American Depositary Receipts, underlying preferred shares
3 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
"Footnote: "American Depositary Receipts." and RSUs vesting note"
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.
FAQ
What insider position did GERDAU S.A. (GGB) report for Marcos Zilles Mattiello?
The company reported that senior manager Marcos Zilles Mattiello holds Restricted Stock Units linked to 18,119 preferred shares and has direct holdings of preferred shares, with no new buy or sell transactions disclosed.
What is the conversion or exercise price of the GERDAU S.A. (GGB) Restricted Stock Units?
The Restricted Stock Units have a reported conversion or exercise price of $4.0400 per share. This price applies to the 18,119 underlying preferred shares associated with the units held directly by the senior manager.
When do the GERDAU S.A. (GGB) Restricted Stock Units for Marcos Zilles Mattiello vest?
The Restricted Stock Units are disclosed to vest on March 1, 2029. A footnote clarifies that these units relate to American Depositary Receipts, tying the vesting event to ADR-based equity compensation for the senior manager.
Are the reported GERDAU S.A. (GGB) holdings American Depositary Receipts (ADRs)?
A footnote specifies that the preferred shares and related Restricted Stock Units are associated with American Depositary Receipts. This means the equity interests are represented in ADR form rather than directly as local Brazilian shares.
Does the GERDAU S.A. (GGB) Form 3/A show any insider buying or selling activity?
No new buying or selling activity is shown. The filing presents holding entries only, detailing existing Restricted Stock Units and preferred share positions, with transaction directions marked as unknown and no buy or sell codes reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
