Gerdau officer sells 8,000 preferred shares
GERDAU S.A. officer Peres Cesar Obino da Rosa reported an open-market sale of 8,000 preferred shares on May 19, 2026 at $4.60 per share, a price translated from Brazilian reais using a Central Bank of Brazil exchange rate.
Rhea-AI Filing Summary
GERDAU S.A. officer Peres Cesar Obino da Rosa reported an open-market sale of 8,000 preferred shares on May 19, 2026 at $4.60 per share, a price translated from Brazilian reais using a Central Bank of Brazil exchange rate. Following this sale, he holds 8 preferred shares directly. In addition, he holds restricted stock units tied to 5,263 underlying preferred shares at an exercise price of $4.13 expiring on February 12, 2029, 4,987 underlying shares at $3.64 expiring on February 12, 2028, and 4,060 underlying shares at $3.87 expiring on February 12, 2027, providing continued equity exposure through future vesting or exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,000 shares
Net Sell
4 txns
Insider
Peres Cesar Obino da Rosa
Role
Officer
Sold
8,000 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares | 8,000 | $4.60 | $37K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 8 shares (Direct);
Restricted Stock Units — 14,310 contracts (Direct)
Footnotes (1)
- F1. The price is denominated in Brazilian reais and has been translated into U.S. dollars at the May 19, 2026 selling rate of R$5.0378per US$1.00, as reported by the Central Bank of Brazil.
Key Figures
Preferred shares sold: 8,000 shares
Sale price per share: $4.60 per share
Preferred shares held after sale: 8 shares
+3 more
6 metrics
Preferred shares sold
8,000 shares
Open-market sale on May 19, 2026
Sale price per share
$4.60 per share
Translated from Brazilian reais
Preferred shares held after sale
8 shares
Direct ownership after May 19, 2026 sale
RSUs underlying shares (2029)
5,263 shares at $4.13
Restricted stock units expiring February 12, 2029
RSUs underlying shares (2028)
4,987 shares at $3.64
Restricted stock units expiring February 12, 2028
RSUs underlying shares (2027)
4,060 shares at $3.87
Restricted stock units expiring February 12, 2027
Key Terms
Restricted Stock Units, open-market sale, preferred shares, exercise price, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and derivative positions 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.
open-market sale financial
"transaction_action: "open-market sale" for the 8,000 preferred shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
exercise price financial
"conversion_or_exercise_price values of 4.1300, 3.6400, and 3.8700 on RSUs"
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.
expiration date financial
"expiration_date fields in derivativeSummary entries for RSUs"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GERDAU S.A. (GGB) report for Peres Cesar Obino da Rosa?
GERDAU S.A. reported that officer Peres Cesar Obino da Rosa sold 8,000 preferred shares on May 19, 2026, in an open-market transaction at $4.60 per share. This Form 4 filing also shows his remaining direct holdings and outstanding restricted stock units.
How is the currency conversion handled in this GERDAU (GGB) insider sale filing?
The filing explains that the share price is denominated in Brazilian reais and translated into U.S. dollars. It uses the May 19, 2026 selling exchange rate of R$5.0378 per US$1.00, as reported by the Central Bank of Brazil, for presentation purposes.
Does the GERDAU (GGB) Form 4 show remaining equity exposure for the reporting officer?
Yes. Although he sold 8,000 preferred shares and now directly holds 8 shares, he still has several blocks of restricted stock units. These RSUs are linked to underlying preferred shares with exercise prices between $3.64 and $4.13, expiring from 2027 to 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
