Gerdau vice-chairman sells 85,607 preferred shares
The Vice-Chairman’s reported direct preferred-share holding was zero after the sale, alongside three listed restricted-stock-unit tranches.
Rhea-AI Filing Summary
GERDAU S.A. (GGB) Vice-Chairman of Board Johannpeter Claudio sold 85,607 preferred shares on September 23, 2026, at a reported $4.94 per share, translated from Brazilian reais using the September 23 selling rate of R$5.1414 per US$1.00. His reported direct preferred-share holding afterward was zero. The report also lists direct restricted stock units tied to 106,519, 116,745 and 105,670 preferred shares, vesting on February 12, 2027, February 12, 2028 and February 12, 2029, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 85,607 shares
Net Sell
6 txns
Insider
Johannpeter Claudio
Role
Insider
Sold
85,607 shs ($423K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Preferred shares F1 | 85,607 | $4.94 | $423K |
| holding | Restricted Stock Units F1, F2 | -- | -- | -- |
| holding | Restricted Stock Units F1, F3 | -- | -- | -- |
| holding | Restricted Stock Units F1, F4 | -- | -- | -- |
| holding | Common shares F5 | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
Holdings After Transaction:
Preferred shares — 0 shares (Direct);
Restricted Stock Units — 328,934 contracts (Direct);
Common shares — 702,952,615 shares (Indirect, Remarks);
Preferred shares — 283 shares (Indirect, Preferred shares held by an immediate family member (relationship: son).)
Footnotes (5)
- F1. The price is denominated in Brazilian reais and has been translated into U.S. dollars at the September 23, 2026 selling rate of R$5.1414 per US$1.00, as reported by the Central Bank of Brazil.
- F2. Restricted stock units vest on February 12, 2027.
- F3. Restricted stock units vest on February 12, 2028.
- F4. Restricted stock units vest on February 12, 2029.
- F5. The Reporting Person has a 20% interest in Klapar Participacoes S.A.. Klapar Participacoes S.A holds a 25% equity interest in INDAC - Investimentos e Participacoes S.A. INDAC owns 57% of Grupo Gerdau Empreendimentos Ltda. INDAC holds 100% of Acoter Participacoes Ltda. Acoter Participacoes Ltda. owns the remaining 43% of Grupo Gerdau Empreendimentos Ltda. Grupo Gerdau Empreendimentos Ltda., together with INDAC, jointly controls Gerdau Metalurgica S.A. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Preferred shares sold: 85,607 shares
Reported sale price: $4.94 per share
Direct preferred shares after sale: 0 shares
+4 more
7 metrics
Preferred shares sold
85,607 shares
September 23, 2026
Reported sale price
$4.94 per share
Translated from Brazilian reais at the September 23, 2026 selling rate of R$5.1414 per US$1.00
Direct preferred shares after sale
0 shares
Reported following the September 23, 2026 transaction
Underlying preferred shares in 2027 RSUs
106,519 shares
Vest on February 12, 2027
Underlying preferred shares in 2028 RSUs
116,745 shares
Vest on February 12, 2028
Underlying preferred shares in 2029 RSUs
105,670 shares
Vest on February 12, 2029
Indirect common shares listed
702,952,615 shares
Reported following the September 23, 2026 transaction; Claudio disclaims beneficial ownership except to the extent of his pecuniary interest
Key Terms
Restricted Stock Units, pecuniary interest, beneficial ownership
3 terms
Restricted Stock Units financial
"Restricted stock units vest on February 12, 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.
pecuniary interest financial
"except to the extent of their pecuniary interest therein"
beneficial ownership financial
"disclaims beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What restricted stock units are listed for GGB’s Vice-Chairman?
The reported direct restricted stock units are tied to 106,519 preferred shares vesting February 12, 2027, 116,745 vesting February 12, 2028, and 105,670 vesting February 12, 2029. Their reported conversion or exercise prices were $3.79, $3.56 and $4.05 per share, respectively, translated from Brazilian reais at R$5.1414 per US$1.00.
Was the GGB Vice-Chairman’s sale reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the September 23, 2026 sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
