Gerdau EVP sells 1,000 preferred shares
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Form Type
4
Rhea-AI Filing Summary
GERDAU S.A. Executive Vice President Mauricio Metz reported an open-market sale of 1,000 preferred shares on April 10, 2026 at $4.24 per share. After this transaction, he directly holds 42,536 preferred shares.
Metz also holds several tranches of Restricted Stock Units tied to preferred shares, with exercise prices between $3.64 and $4.14 and expiration dates from February 2027 through February 2029. The reported U.S. dollar share price reflects a currency translation using an exchange rate of R$5.0229 per US$1.00.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
5 txns
Insider
Metz Mauricio
Role
Insider
Sold
1,000 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares | 1,000 | $4.24 | $4K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 42,536 shares (Direct);
Restricted Stock Units — 49,355 contracts (Direct)
Footnotes (1)
- F1. 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: 1,000 preferred shares
Sale price: $4.24 per share
Shares held after sale: 42,536 preferred shares
+5 more
8 metrics
Shares sold
1,000 preferred shares
Open-market sale on April 10, 2026
Sale price
$4.24 per share
Preferred share sale on April 10, 2026
Shares held after sale
42,536 preferred shares
Direct ownership following transaction
RSU underlying shares (2027-02-12)
4,060 shares at $3.88
Restricted Stock Units expiring February 12, 2027
RSU underlying shares (2027-02-22)
32,280 shares at $3.88
Restricted Stock Units expiring February 22, 2027
RSU underlying shares (2028-02-12)
6,332 shares at $3.64
Restricted Stock Units expiring February 12, 2028
RSU underlying shares (2029-02-12)
6,683 shares at $4.14
Restricted Stock Units expiring February 12, 2029
FX rate used
R$5.0229 per US$1.00
Currency translation for April 10, 2026 price
Key Terms
Restricted Stock Units, open-market sale, preferred shares, currency translation, +1 more
5 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
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""
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.
currency translation financial
"translated into U.S. dollars at the April 10, 2026 selling rate"
exchange rate financial
"selling rate of R$5.0229 per US$1.00"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gerdau (GGB) report for Mauricio Metz?
Mauricio Metz reported an open-market sale of 1,000 preferred shares at $4.24 each. Following this transaction, he directly owns 42,536 preferred shares, according to the Form 4 filing for April 10, 2026.
What Restricted Stock Units does Mauricio Metz hold in Gerdau (GGB)?
He holds several Restricted Stock Unit awards linked to preferred shares, with exercise prices between $3.64 and $4.14. These RSUs cover multiple underlying share amounts and have expiration dates from February 2027 through February 2029.
Does the Form 4 show remaining equity incentives for Mauricio Metz at Gerdau (GGB)?
Yes. Beyond his 42,536 preferred shares, Metz retains multiple Restricted Stock Unit positions tied to preferred shares. These RSUs represent additional potential equity, exercisable at specified prices and dates extending through February 2029, illustrating ongoing long-term incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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