Gerdau EVP reports initial equity holdings

Accepted by SEC EDGAR 03/18/2026 - 09:25 PM EDT

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Form Type

Rhea-AI Filing Summary

GERDAU S.A. Executive Vice President Marcos Eduardo Faraco filed an initial ownership report showing existing equity interests in the company. He holds several grants of restricted stock units linked to preferred shares, including 6,395 underlying preferred shares at an exercise price of 19.5000 (denominated in Brazilian reais) vesting on February 12, 2027, and 71,832 underlying preferred shares at 19.0600 vesting on August 1, 2027. Additional restricted stock units cover 229,331 underlying preferred shares at 18.9700 vesting on September 1, 2027, 7,789 underlying preferred shares at 18.3200 vesting on February 12, 2028, and 6,850 underlying preferred shares at 20.8300 vesting on February 12, 2029. He also directly holds 12,419 preferred shares, and the filing does not report any open‑market purchases or sales.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider Wahrhaftig Marcos Eduardo Faraco

Role Insider

Type	Security	Shares	Price	Value
Holding	Restricted Stock Units	--	--	--
Holding	Restricted Stock Units	--	--	--
Holding	Restricted Stock Units	--	--	--
Holding	Restricted Stock Units	--	--	--
Holding	Restricted Stock Units	--	--	--
Holding	Preferred shares	--	--	--

Holdings: Restricted Stock Units — 322,197 contracts (Direct); Preferred shares — 12,419 shares (Direct)

Footnotes (5)

F1. Restricted stock units vest on February 12, 2027. Exercise price denominated in Brazilian reais (R$).
F2. Restricted stock units vest on August 1, 2027. Exercise price denominated in Brazilian reais (R$).
F3. Restricted stock units vest on September 1, 2027. Exercise price denominated in Brazilian reais (R$).
F4. Restricted stock units vest on February 12, 2028. Exercise price denominated in Brazilian reais (R$).
F5. Restricted stock units vest on February 12, 2029. Exercise price denominated in Brazilian reais (R$).

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Gerdau (GGB) Form 3 filing by Marcos Eduardo Faraco show?

The filing shows Executive Vice President Marcos Eduardo Faraco’s existing equity holdings in Gerdau. It lists multiple restricted stock unit awards tied to preferred shares, plus 12,419 preferred shares held directly, without reporting any open-market purchases or sales.

How many Gerdau (GGB) preferred shares are tied to Faraco’s restricted stock units?

Faraco’s restricted stock units cover several blocks of underlying preferred shares, including 6,395, 71,832, 229,331, 7,789, and 6,850 shares at different exercise prices. These figures represent potential future share deliveries if the units vest and are exercised.

When do Marcos Eduardo Faraco’s Gerdau (GGB) restricted stock units vest?

His restricted stock units vest on specific future dates: February 12, 2027, August 1, 2027, September 1, 2027, February 12, 2028, and February 12, 2029. These vesting schedules outline when the awards can convert into preferred shares.

Are the exercise prices for Faraco’s Gerdau (GGB) restricted stock units in Brazilian reais?

Yes. The filing states each block of restricted stock units has an exercise price denominated in Brazilian reais (R$). Examples include R$19.5000, R$19.0600, R$18.9700, R$18.3200, and R$20.8300, all tied to underlying preferred shares.

Does the Gerdau (GGB) Form 3 indicate that Faraco bought or sold shares?

No. The Form 3 records Faraco’s existing holdings and equity awards but does not report any open-market buying or selling. All transactions are classified as holdings, reflecting his current ownership position rather than new trades.

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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^*

Wahrhaftig Marcos Eduardo Faraco

(Last)

(First)

(Middle)

AVENUE DOUTORA RUTH DE CARDOSO, 8501

8TH FLOOR, PINHEIROS

(Street)

SAO PAULO

05425-070

(City)

(State)

(Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
GERDAU S.A. [ GGB ]

3a. Foreign Trading Symbol
[GGBR]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Executive Vice President

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)
Preferred shares	12,419	D

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Restricted Stock Units	⁽¹⁾	02/12/2027	Preferred shares	6,395	$19.5	D
Restricted Stock Units	⁽²⁾	08/01/2027	Preferred shares	71,832	$19.06	D
Restricted Stock Units	⁽³⁾	09/01/2027	Preferred shares	229,331	$18.97	D
Restricted Stock Units	⁽⁴⁾	02/12/2028	Preferred shares	7,789	$18.32	D
Restricted Stock Units	⁽⁵⁾	02/12/2029	Preferred shares	6,850	$20.83	D

Explanation of Responses:

1. Restricted stock units vest on February 12, 2027. Exercise price denominated in Brazilian reais (R$).

2. Restricted stock units vest on August 1, 2027. Exercise price denominated in Brazilian reais (R$).

3. Restricted stock units vest on September 1, 2027. Exercise price denominated in Brazilian reais (R$).

4. Restricted stock units vest on February 12, 2028. Exercise price denominated in Brazilian reais (R$).

5. Restricted stock units vest on February 12, 2029. Exercise price denominated in Brazilian reais (R$).

	Marcos Eduardo Faraco Wahrhaftig	03/17/2026
	** 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)

Source: View Original Filing on SEC EDGAR