GERDAU S.A.·4

May 22, 8:47 AM ET

Peres Cesar Obino da Rosa 4

Research Summary

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GERDAU (GGB) Officer Peres Cesar Obino da Rosa Sells 8,000 Shares

What Happened
Peres Cesar Obino da Rosa, an officer of GERDAU S.A. (GGB), sold 8,000 shares on May 19, 2026 in an open-market or private sale. The shares were reported at $4.60 per share (USD equivalent), for a total of $36,800. The filing notes the price was denominated in Brazilian reais and translated to USD using the May 19, 2026 rate of R$5.0378 per US$1.

Key Details

  • Transaction date: May 19, 2026
  • Transaction type/code: Sale (S) — open market or private sale
  • Price: $4.60 per share (USD equivalent); implied BRL price ≈ R$23.17 per share
  • Quantity: 8,000 shares; Total: $36,800 (≈ R$185,391 using R$5.0378/USD)
  • Shares owned after transaction: not disclosed in this filing
  • Footnote: Price denominated in BRL and translated at R$5.0378 per US$1 (May 19, 2026) — F1
  • Filing date/accession: Report filed May 22, 2026 (covers transaction on May 19, 2026)

Context
This was a sale by a company officer. Sales can be routine (tax needs, diversification, pre-arranged plans) and do not necessarily indicate a change in company outlook; purchases are generally more informative about insider confidence. No 10% owner or option-exercise details are indicated in this filing.