Gerdau EVP granted 107,749 RSUs at $3.75
Rhea-AI Filing Summary
GERDAU S.A. (GGB) reported that Executive Vice President Marcos Eduardo Faraco received a grant of 107,749 Restricted Stock Units on July 15, 2026. Each unit corresponds to one preferred share at a conversion price of $3.75 (translated from Brazilian reais) and is scheduled to become exercisable on August 1, 2027. Footnotes state this grant reflects additional units from an amendment to his long term incentive plan, increasing the shares attributable to the plan from 71,832 to 179,581.
The filing also lists existing Restricted Stock Unit positions over several maturities through 2029, and indicates that Faraco currently holds no preferred shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 107,749 shares
Grant/Award
7 txns
Insider
Wahrhaftig Marcos Eduardo Faraco
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 107,749 | $3.75 | $404K |
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Preferred shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 429,946 contracts for 322,197 underlying shares (Direct);
Preferred shares — 0 shares (Direct)
Footnotes (2)
- F1. The price is denominated in Brazilian reais and has been translated into U.S. dollars at the April 9, 2026 selling rate of R$5.0821 per US$1.00, as reported by the Central Bank of Brazil.
- F2. Reflects 107,749 additional restricted stock units granted pursuant to an amendment to the reporting person long term incentive plan agreement executed on July 15, 2026, representing the difference between the 179,581 shares attributable to the plan following the amendment and the 71,832 shares previously reported.
Key Figures
Restricted Stock Units granted: 107,749 units
Conversion price for new RSUs: $3.75 per share
Exchange rate: R$5.0821 per US$1.00
+4 more
7 metrics
Restricted Stock Units granted
107,749 units
Additional RSUs granted July 15, 2026 under amended long term incentive plan
Conversion price for new RSUs
$3.75 per share
Exercise price for 107,749 RSUs expiring August 1, 2027
Exchange rate
R$5.0821 per US$1.00
Rate used to translate RSU price from Brazilian reais as of April 9, 2026
Shares attributable to plan after amendment
179,581 shares
Total shares linked to Faraco’s long term incentive plan after July 15, 2026 amendment
Previously reported plan shares
71,832 shares
Shares attributable to the plan before the July 15, 2026 amendment
RSUs expiring 2027-02-12
6,395 underlying shares at $3.84
Direct Restricted Stock Units tied to preferred shares expiring February 12, 2027
Direct preferred shares
0.0000 shares
Total preferred shares held directly after reported transactions
Key Terms
Restricted Stock Units, long term incentive plan, exercise price, expiration date, +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.
long term incentive plan financial
"granted pursuant to an amendment to the reporting person long term incentive plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
exercise price financial
"conversion_or_exercise_price": "3.7500""
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.
expiration date financial
"expiration_date": "2029-02-12""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Central Bank of Brazil financial
"as reported by the Central Bank of Brazil."
FAQ
What insider transaction did GGB report for Marcos Eduardo Faraco on July 15, 2026?
GERDAU S.A. reported that Executive Vice President Marcos Eduardo Faraco received a grant of 107,749 Restricted Stock Units on July 15, 2026, linked to preferred shares under the company’s long term incentive plan, with a stated conversion price of $3.75 per underlying share.
How was the $3.75 price for the GGB Restricted Stock Units determined?
The filing states the price is denominated in Brazilian reais and translated into U.S. dollars using the April 9, 2026 selling rate of R$5.0821 per US$1.00, as reported by the Central Bank of Brazil, resulting in the reported $3.75 per unit figure.
What change to Marcos Eduardo Faraco’s long term incentive plan does GGB disclose?
GERDAU S.A. discloses that an amendment to Marcos Eduardo Faraco’s long term incentive plan agreement resulted in 107,749 additional Restricted Stock Units, increasing the shares attributable to the plan from 71,832 to 179,581 linked preferred shares.
When do the newly granted GGB Restricted Stock Units become exercisable and when do they expire?
The 107,749 newly granted Restricted Stock Units are scheduled to become exercisable on August 1, 2027 and have an expiration date of August 1, 2027, as stated in the filing, matching the exercise and expiration dates for that grant.
What other GGB Restricted Stock Unit positions for Marcos Eduardo Faraco are disclosed?
The derivative summary lists several direct Restricted Stock Unit positions tied to preferred shares, including 6,395 underlying shares at $3.84 expiring in 2027, 71,832 at $3.75 expiring in 2027, 229,331 at $3.73 expiring in 2027, 7,789 at $3.60 expiring in 2028, and 6,850 at $4.10 expiring in 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
