Gerdau (GGB) EVP Marcos Wahrhaftig Sells 12,419 Shares

What Happened
Marcos Eduardo Faraco Wahrhaftig, Executive Vice President of Gerdau S.A. (GGB), sold 12,419 shares in an open-market transaction on April 9, 2026. The disposal generated proceeds of approximately $50,421, at a weighted-average price of $4.06 per share (transactions ranged $4.05–$4.06).

Key Details

• Transaction date: 2026-04-09 (reported April 13, 2026). Filing appears to have been submitted within the two-business-day window.
• Shares sold: 12,419; weighted-average price reported $4.06; trade prices ranged $4.05–$4.06.
• Proceeds: $50,421 (amount shown in U.S. dollars after currency conversion).
• Footnotes: Price was originally denominated in Brazilian reais and converted to USD using the April 9, 2026 rate of R$5.0821 per US$1.00. The reported price is a weighted average across multiple transactions.
• Shares owned after the transaction: not stated in the provided filing excerpt.

Context
This was a sale (S) via open-market/ private sale — sales by insiders are common and can reflect many reasons (portfolio diversification, personal liquidity, tax planning) and do not by themselves signal company outlook. No 10b5-1 plan, award, or option exercise is indicated in the provided information.