Gerdau executive sells 7,000 preferred shares
GERDAU S.A. executive vice president Mauricio Metz reported an open-market sale of 7,000 preferred shares on June 2, 2026 at $4.85 per share, with the price translated from Brazilian reais using a Central Bank of Brazil exchange rate.
Rhea-AI Filing Summary
GERDAU S.A. executive vice president Mauricio Metz reported an open-market sale of 7,000 preferred shares on June 2, 2026 at $4.85 per share, with the price translated from Brazilian reais using a Central Bank of Brazil exchange rate.
After this sale, he directly holds 22,536 preferred shares. He also retains several blocks of restricted stock units tied to preferred shares, including 6,683 underlying shares at a $4.14 exercise price expiring February 12, 2029, plus additional RSU grants with exercise prices around $3.64–$3.88 expiring in 2027–2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares
Net Sell
5 txns
Insider
Metz Mauricio
Role
Insider
Sold
7,000 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares | 7,000 | $4.85 | $34K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 22,536 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 June 02, 2026 selling rate of R$5.0160 per 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
Shares sold: 7,000 shares
Sale price: $4.85/share
Shares held after sale: 22,536 shares
+4 more
7 metrics
Shares sold
7,000 shares
Open-market sale of preferred shares on June 2, 2026
Sale price
$4.85/share
Price for 7,000 preferred shares sold June 2, 2026
Shares held after sale
22,536 shares
Direct preferred share holdings following the transaction
RSU block 1
6,683 underlying shares at $4.14
Restricted stock units, expiration February 12, 2029
RSU block 2
6,332 underlying shares at $3.64
Restricted stock units, expiration February 12, 2028
RSU block 3
32,280 underlying shares at $3.88
Restricted stock units, expiration February 22, 2027
Exchange rate
R$5.0160 per US$1.00
Central Bank of Brazil selling rate on June 2, 2026
Key Terms
Restricted Stock Units, Preferred shares, open-market sale, exercise price, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and derivative positions retained after sale"
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 7,000 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
"exercisePrice values of $4.14, $3.64 and $3.88 for RSU grants"
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.
Central Bank of Brazil financial
"footnote citing the selling rate reported by the Central Bank of Brazil"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GERDAU S.A. (GGB) report for Mauricio Metz?
GERDAU S.A. reported that executive vice president Mauricio Metz sold 7,000 preferred shares. The open-market transaction occurred on June 2, 2026 at $4.85 per share, reducing his direct holdings but leaving him with a substantial remaining stake.
What restricted stock units does Mauricio Metz retain in GERDAU (GGB)?
Metz retains multiple restricted stock unit positions linked to GERDAU preferred shares. These include 6,683 underlying shares at a $4.14 exercise price expiring February 12, 2029, along with additional RSUs at exercise prices near $3.64–$3.88 expiring across 2027 and 2028.
Was the GERDAU (GGB) insider transaction a buy or sell?
The primary insider transaction reported for Mauricio Metz was a sale. He conducted an open-market sale of 7,000 preferred shares, while the remaining derivative entries in the filing describe ongoing restricted stock unit holdings rather than new purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
