Gerdau S.A. (GGB) executive sells ADRs, retains 18,119 RSU-linked shares
Rhea-AI Filing Summary
Gerdau S.A. senior manager Marcos Zilles Mattiello reported selling 10,387.111 preferred shares (American Depositary Receipts) on June 8, 2026 at $5.11 per share in an open-market or private transaction. He continues to hold Restricted Stock Units convertible into 18,119 preferred shares at an exercise price of $4.04 vesting on March 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,387.111 shares
Net Sell
3 txns
Insider
Mattiello Marcos Zilles
Role
Insider
Sold
10,387.111 shs ($53K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares F1 | 10,387.111 | $5.11 | $53K |
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 8,997 shares (Direct);
Restricted Stock Units — 18,119 shares (Direct)
Footnotes (2)
- F1. American Depositary Receipts.
- F2. Restricted stock units vest on March, 1, 2029 (American Depositary Receipts)
Key Figures
Shares sold: 10,387.111 preferred shares
Sale price: $5.11 per share
RSU underlying shares: 18,119.0000 preferred shares
+2 more
5 metrics
Shares sold
10,387.111 preferred shares
Non-derivative sale on June 8, 2026
Sale price
$5.11 per share
Price for preferred shares (ADRs) sold on June 8, 2026
RSU underlying shares
18,119.0000 preferred shares
Underlying shares for Restricted Stock Units held directly
RSU exercise price
4.0400
Exercise price per underlying preferred share for RSUs
RSU vesting/expiration date
2029-03-01
Vesting and expiration date for Restricted Stock Units
Key Terms
Restricted Stock Units, American Depositary Receipts, exercise price
3 terms
Restricted Stock Units financial
"Restricted stock units vest on March, 1, 2029 (American Depositary Receipts)"
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
"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.
exercise price financial
"conversion_or_exercise_price: "4.0400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did Gerdau S.A. (GGB) report on this Form 4?
Gerdau S.A. reported that senior manager Marcos Zilles Mattiello sold 10,387.111 preferred shares (ADRs) on June 8, 2026 at $5.11 per share in an open-market or private transaction.
Did the Gerdau (GGB) insider retain any equity awards after this sale?
Yes. The insider holds Restricted Stock Units covering 18,119 underlying preferred shares with an exercise price of $4.04. These RSUs are scheduled to vest on March 1, 2029, based on the filing.
What type of securities did the GGB insider sell and what do the footnotes indicate?
The insider sold preferred shares, identified in the footnotes as American Depositary Receipts. A separate footnote states the restricted stock units vest on March 1, 2029, also referencing American Depositary Receipts.
Were there any option or RSU exercises reported for Gerdau (GGB) in this Form 4?
No option or RSU exercises were reported. The Form 4 lists a sale of preferred shares and a holding entry for Restricted Stock Units representing 18,119 underlying preferred shares with a $4.04 exercise price expiring March 1, 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
