Uhlein Clemir 4

What Happened

• Clemir Uhlein, identified as senior management at Gerdau S.A. (GGB), sold 38,276 shares in an open-market transaction on April 28, 2026.
• The filing reports a per-share amount of $4.51 (USD) and total proceeds of $172,625 (USD). The price was originally denominated in Brazilian reais and translated to USD using the April 28, 2026 rate; that implies roughly R$22.50 per share and total proceeds of about R$861,000.

Key Details

• Transaction date and price: Apr 28, 2026 — 38,276 shares sold at $4.51 per share (USD equivalent).
• Total proceeds reported: $172,625 (USD); amount in BRL converted at R$4.9878 = approx R$861,000 (see footnote).
• Shares owned after the transaction: not disclosed in the Form 4 filing.
• Footnote: Price was denominated in Brazilian reais and translated into USD at the Apr 28, 2026 selling rate of R$4.9878 per US$1.00.
• Filing date: Apr 30, 2026 — appears timely (within the typical two-business-day Form 4 filing window); no late-filing indicator reported.

Context

• This was a sale (S code), not a purchase or option exercise. Sales by executives can be routine (e.g., diversification, liquidity, tax reasons) and do not by themselves signal company outlook; the filing contains no plan designation (e.g., 10b5-1) or other explanatory note.
• No derivative activity, gift, or tax-withholding event was reported for this transaction.