STOCK TITAN

Gerdau (GGB) Executive Vice President details RSU and share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

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.

Positive

  • None.

Negative

  • None.
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 After Transaction: Restricted Stock Units — 6,395 shares (Direct); Preferred shares — 12,419 shares (Direct)
Footnotes (1)
  1. Restricted stock units vest on February 12, 2027. Exercise price denominated in Brazilian reais (R$). Restricted stock units vest on August 1, 2027. Exercise price denominated in Brazilian reais (R$). Restricted stock units vest on September 1, 2027. Exercise price denominated in Brazilian reais (R$). Restricted stock units vest on February 12, 2028. Exercise price denominated in Brazilian reais (R$). Restricted stock units vest on February 12, 2029. Exercise price denominated in Brazilian reais (R$).
SEC Form 3
FORM 3UNITED 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 PAULOSAO PAULO05425-070

(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)
Director10% Owner
Officer (give title below)XOther (specify below)
Executive Vice President
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 shares12,419D
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)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (1)02/12/2027Preferred shares6,395$19.5D
Restricted Stock Units (2)08/01/2027Preferred shares71,832$19.06D
Restricted Stock Units (3)09/01/2027Preferred shares229,331$18.97D
Restricted Stock Units (4)02/12/2028Preferred shares7,789$18.32D
Restricted Stock Units (5)02/12/2029Preferred shares6,850$20.83D
Explanation of Responses:
1. Restricted stock units vest on February 12, 2027. Exercise price denominated in Brazilian reais (R$).
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 Wahrhaftig03/17/2026
** Signature of Reporting PersonDate
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)

FAQ

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.