Gerdau executive sells 20,000 preferred shares
GERDAU S.A. senior manager Wang Chia Yuan reported an open‑market sale of 20,000 preferred shares on April 30, 2026 at a weighted average price of $4.54 per share, with individual trades occurring between $4.52 and $4.56.
Rhea-AI Filing Summary
GERDAU S.A. senior manager Wang Chia Yuan reported an open‑market sale of 20,000 preferred shares on April 30, 2026 at a weighted average price of $4.54 per share, with individual trades occurring between $4.52 and $4.56.
After the sale, Wang directly holds 72,195 preferred shares and several tranches of restricted stock units tied to preferred shares. These RSUs cover 75,639, 102,580, 184,494, and 76,817 underlying preferred shares, with exercise prices from $2.83 to $4.04 and vesting between March 1, 2027 and March 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
6 txns
Insider
Wang Chia Yuan
Role
Insider
Sold
20,000 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares | 20,000 | $4.54 | $91K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 73,077 shares (Direct);
Restricted Stock Units — 439,530 contracts (Direct)
Footnotes (6)
- F1. American Depositary Receipts.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.52 to $4.56, inclusive.
- F3. Restricted stock units vest on March 1, 2027 (American Depositary Receipts).
- F4. Restricted stock units vest on July 31, 2027 (American Depositary Receipts).
- F5. Restricted stock units vest on March 1, 2028 (American Depositary Receipts).
- F6. Restricted stock units vest on March 1, 2029 (American Depositary Receipts).
Key Figures
Shares sold: 20,000 preferred shares
Weighted average sale price: $4.54 per share
Shares held after sale: 72,195 preferred shares
+4 more
7 metrics
Shares sold
20,000 preferred shares
Open‑market sale on April 30, 2026
Weighted average sale price
$4.54 per share
Preferred shares sale price range $4.52–$4.56
Shares held after sale
72,195 preferred shares
Direct holdings following transaction
RSU underlying shares (tranche 1)
75,639 preferred shares
RSUs at $4.04 exercise price, vesting by March 1, 2029
RSU underlying shares (tranche 2)
102,580 preferred shares
RSUs at $2.83 exercise price, vesting by March 1, 2028
RSU underlying shares (tranche 3)
184,494 preferred shares
RSUs at $3.57 exercise price, vesting by July 31, 2027
RSU underlying shares (tranche 4)
76,817 preferred shares
RSUs at $3.58 exercise price, vesting by March 1, 2027
Key Terms
Restricted Stock Units, American Depositary Receipts, weighted average price, open-market sale
4 terms
Restricted Stock Units financial
"Restricted stock units vest on March 1, 2027 (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
"Restricted stock units vest on March 1, 2027 (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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GERDAU S.A. (GGB) report for Wang Chia Yuan?
GERDAU S.A. reported that senior manager Wang Chia Yuan sold 20,000 preferred shares in an open‑market transaction. The weighted average sale price was $4.54 per share, with individual trades executed between $4.52 and $4.56 on April 30, 2026.
What restricted stock units linked to GERDAU (GGB) does Wang Chia Yuan hold?
Wang Chia Yuan holds several restricted stock unit tranches tied to preferred shares, covering 75,639, 102,580, 184,494, and 76,817 underlying shares. These RSUs have exercise prices between $2.83 and $4.04 and remain part of his longer‑term equity position.
When do Wang Chia Yuan’s GERDAU (GGB) restricted stock units vest?
The restricted stock units vest on future dates specified in the filing’s footnotes: March 1, 2027, July 31, 2027, March 1, 2028, and March 1, 2029. These vesting dates outline when each RSU tranche may convert into preferred shares.
Does the Form 4 for GERDAU (GGB) show any option exercises by Wang Chia Yuan?
The Form 4 does not report any option or RSU exercises; it shows one open‑market sale of preferred shares and several holding entries for RSUs. The derivative summary lists remaining RSU positions, indicating they continue outstanding after the reported sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
