Gerdau executive sells 30,935 preferred shares
GERDAU S.A. senior manager Wang Chia Yuan reported an open-market sale of 30,935 preferred share American Depositary Receipts at a reported price of $4.49 per share, with the footnote stating a weighted average price from $4.86 to $4.91.
Rhea-AI Filing Summary
GERDAU S.A. senior manager Wang Chia Yuan reported an open-market sale of 30,935 preferred share American Depositary Receipts at a reported price of $4.49 per share, with the footnote stating a weighted average price from $4.86 to $4.91. After this trade, no preferred shares are held directly.
The filing also shows continued direct holdings of restricted stock units over preferred shares, including 75,639 underlying shares vesting on March 1, 2029, 102,580 vesting on March 1, 2028, 184,494 vesting on July 31, 2027, and 76,817 vesting on March 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,935 shares
Net Sell
6 txns
Insider
Wang Chia Yuan
Role
Insider
Sold
30,935 shs ($139K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares | 30,935 | $4.49 | $139K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 882 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 $4.86 to $4.91, 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: 30,935 shares
Reported sale price: $4.49 per share
Weighted price range: $4.86–$4.91 per share
+5 more
8 metrics
Shares sold
30,935 shares
Preferred share ADRs sold in open market on 2026-06-02
Reported sale price
$4.49 per share
Column 4 price for preferred share ADR sale
Weighted price range
$4.86–$4.91 per share
Footnote weighted average price range for sold ADRs
RSUs underlying shares (vest 2029-03-01
75,639 shares
Restricted stock units over preferred shares vesting March 1, 2029
RSUs underlying shares (vest 2028-03-01
102,580 shares
Restricted stock units over preferred shares vesting March 1, 2028
RSUs underlying shares (vest 2027-07-31
184,494 shares
Restricted stock units over preferred shares vesting July 31, 2027
RSUs underlying shares (vest 2027-03-01
76,817 shares
Restricted stock units over preferred shares vesting March 1, 2027
Preferred shares before sale
882 shares
Preferred shares holding entry showing 882 after earlier activity
Key Terms
Restricted Stock Units, American Depositary Receipts, open-market sale, weighted average price
4 terms
Restricted Stock Units financial
"The filing also shows continued direct holdings of restricted stock units over 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.
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.
open-market sale financial
"reported an open-market sale of 30,935 preferred share American Depositary Receipts"
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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Wang Chia Yuan report at Gerdau (GGB)?
Wang Chia Yuan reported selling 30,935 preferred share American Depositary Receipts of Gerdau in an open-market transaction. The reported price was $4.49 per ADR, with a weighted average between $4.86 and $4.91 across multiple trades on the same date.
At what prices were the Gerdau (GGB) ADRs sold by the insider?
The Form 4 lists a sale price of $4.49 per preferred share ADR, with a footnote explaining a weighted average price. The individual trades occurred in a range from $4.86 to $4.91 per ADR, inclusive, across multiple transactions on the transaction date.
What restricted stock units linked to Gerdau (GGB) does the insider still hold?
The filing shows restricted stock units over preferred shares covering 75,639 underlying shares, 102,580 underlying shares, 184,494 underlying shares, and 76,817 underlying shares. These awards vest on March 1, 2029, March 1, 2028, July 31, 2027, and March 1, 2027, respectively.
What are the exercise prices for the Gerdau restricted stock units reported?
The restricted stock units reference exercise prices of $4.04, $2.83, $3.57, and $3.58 per underlying preferred share. Each grouping of RSUs is tied to a specific price and vesting schedule, with expirations matching the vesting dates described in the accompanying footnotes.
Does the Form 4 indicate any derivative exercises by Wang Chia Yuan at Gerdau?
No derivative exercises are reported in this Form 4. The filing lists the restricted stock units as holdings, with future vesting and expiration dates, but the transaction summary shows zero derivative exercises and focuses on a single open-market sale of preferred share ADRs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
