Gerdau EVP sells 5,000 preferred shares
Rhea-AI Filing Summary
GERDAU S.A. Executive Vice President Mauricio Metz reported an open-market sale of 5,000 preferred shares on May 26, 2026 at a price of 4.7000 per share. Following this transaction, he directly owns 29,536 preferred shares.
Metz also holds several tranches of restricted stock units linked to preferred shares. These include awards covering 6,683 underlying shares at an exercise price of 4.1400 expiring on February 12, 2029, 6,332 underlying shares at 3.6400 expiring on February 12, 2028, and two awards covering 32,280 and 4,060 underlying shares at 3.8800 expiring on February 22, 2027 and February 12, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
5 txns
Insider
Metz Mauricio
Role
Insider
Sold
5,000 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares | 5,000 | $4.70 | $24K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 29,536 shares (Direct);
Restricted Stock Units — 49,355 contracts (Direct)
Footnotes (2)
- F1. The price is denominated in Brazilian reais and has been translated into U.S. dollars at the May 26, 2026 selling rate of R$5.0211per US$1.00, as reported by the Central Bank of Brazil.
- F2. The price is denominated in Brazilian reais and has been translated into U.S. dollars at the April 10, 2026 selling rate of R$5.0229 per US$1.00, as reported by the Central Bank of Brazil.
Key Figures
Preferred shares sold: 5,000 shares
Sale price per share: 4.7000 per share
Preferred shares held after: 29,536 shares
+5 more
8 metrics
Preferred shares sold
5,000 shares
Open-market sale on May 26, 2026
Sale price per share
4.7000 per share
Preferred share sale on May 26, 2026
Preferred shares held after
29,536 shares
Direct ownership after sale
RSU underlying shares 2029
6,683 shares at 4.1400
Restricted stock units expiring February 12, 2029
RSU underlying shares 2028
6,332 shares at 3.6400
Restricted stock units expiring February 12, 2028
RSU underlying shares 2027 grant A
32,280 shares at 3.8800
Restricted stock units expiring February 22, 2027
RSU underlying shares 2027 grant B
4,060 shares at 3.8800
Restricted stock units expiring February 12, 2027
FX rate used
R$5.0211 per US$1.00
Currency translation rate on May 26, 2026
Key Terms
Restricted Stock Units, open-market sale, underlying security, exercise price, +2 more
6 terms
Restricted Stock Units financial
"security_title: Restricted Stock Units; underlying security is 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 5,000 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.
underlying security financial
"underlying_security_title: Preferred shares as underlying security"
exercise price financial
"conversion_or_exercise_price values such as 4.1400 and 3.8800"
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 entries like 2029-02-12T00:00:00.000Z"
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.
Central Bank of Brazil selling rate financial
"translated into U.S. dollars at the May 26, 2026 selling rate"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GERDAU S.A. (GGB) executive Mauricio Metz report in this Form 4?
Mauricio Metz reported an open-market sale of preferred shares. On May 26, 2026, he sold 5,000 preferred shares and updated his remaining direct ownership and restricted stock unit positions tied to Gerdau’s preferred shares.
What restricted stock units does Mauricio Metz hold in GERDAU S.A. (GGB)?
Metz holds restricted stock units linked to preferred shares, including 6,683 underlying shares at 4.1400, 6,332 at 3.6400, and awards of 32,280 and 4,060 at 3.8800. These units have expiration dates in 2027, 2028, and 2029.
How are currencies handled in Mauricio Metz’s GERDAU S.A. (GGB) Form 4 prices?
The filing notes that prices are denominated in Brazilian reais and translated into U.S. dollars. It references Central Bank of Brazil selling rates, such as R$5.0211 per US$1.00 on May 26, 2026, for the currency conversion.
Does Mauricio Metz retain significant exposure to GERDAU S.A. (GGB) after this Form 4 sale?
He retains a notable position through both shares and units. After selling 5,000 preferred shares, Metz still directly owns 29,536 preferred shares and holds multiple restricted stock unit awards tied to additional preferred shares with future expiration dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
