GERDAU manager sells 34,000 preferred shares
GERDAU S.A. senior manager Wang Chia Yuan reported an open-market sale of 34,000 preferred shares on April 8, 2026, at a weighted average price around $4.00–$4.01 per American Depositary Receipt.
Rhea-AI Filing Summary
GERDAU S.A. senior manager Wang Chia Yuan reported an open-market sale of 34,000 preferred shares on April 8, 2026, at a weighted average price around $4.00–$4.01 per American Depositary Receipt. After the sale, Wang directly holds 193,895 preferred shares. The filing also lists several restricted stock unit (RSU) awards tied to preferred shares, with exercise prices between $2.83 and $4.04 per share and vesting dates in 2027, 2028, and 2029, indicating a substantial remaining equity-based position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 34,000 shares
Net Sell
6 txns
Insider
Wang Chia Yuan
Role
Insider
Sold
34,000 shs ($136K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares | 34,000 | $4.00 | $136K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 194,777 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. There shares were sold in multiple transactions at prices ranging from $4.00 to $4.01, 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: 34,000 preferred shares
Sale price: $4.00–$4.01 per share
Shares held after sale: 193,895 preferred shares
+4 more
7 metrics
Shares sold
34,000 preferred shares
Open-market sale on April 8, 2026
Sale price
$4.00–$4.01 per share
Weighted average range for the sale
Shares held after sale
193,895 preferred shares
Direct ownership following transaction
RSU tranche 1
76,817 underlying shares at $3.58
Restricted stock units vesting March 1, 2027
RSU tranche 2
184,494 underlying shares at $3.57
Restricted stock units vesting July 31, 2027
RSU tranche 3
102,580 underlying shares at $2.83
Restricted stock units vesting March 1, 2028
RSU tranche 4
75,639 underlying shares at $4.04
Restricted stock units vesting March 1, 2029
Key Terms
American Depositary Receipts, Restricted Stock Units, weighted average price, open-market sale
4 terms
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.
Restricted Stock Units financial
"Restricted stock units vest on March 1, 2027"
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.
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 Wang Chia Yuan report at GERDAU S.A. (GGB)?
Wang Chia Yuan reported selling 34,000 preferred shares of GERDAU S.A. in open-market trades. The weighted average sale price was about $4.00–$4.01 per American Depositary Receipt, reflecting a routine liquidity event rather than a change in control or role.
What restricted stock units does Wang Chia Yuan hold in GERDAU S.A. (GGB)?
The filing lists several restricted stock unit awards tied to GERDAU’s preferred shares. These RSUs have exercise prices between $2.83 and $4.04 per share and are scheduled to vest on March 1, 2027, July 31, 2027, March 1, 2028, and March 1, 2029.
Does this GERDAU S.A. (GGB) Form 4 show any option or RSU exercises?
No exercises are reported; the Form 4 lists only a sale of 34,000 preferred shares plus RSU holdings. The RSUs remain unexercised, with specified exercise prices and future vesting dates, indicating ongoing equity-based compensation rather than immediate share conversions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
