Wahrhaftig Marcos Eduardo Faraco 4
4 · GERDAU S.A. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Sale
Preferred shares
[F1][F2]2026-04-09$4.06/sh−12,419$50,421→ 0 total
- 6,395
Restricted Stock Units
[F1]Exercise: $3.84From: 2027-02-12Exp: 2027-02-12→ Preferred shares (6,395 underlying) - 71,832
Restricted Stock Units
[F1]Exercise: $3.75From: 2027-08-01Exp: 2027-08-01→ Preferred shares (71,832 underlying) - 229,331
Restricted Stock Units
[F1]Exercise: $3.73From: 2027-09-01Exp: 2027-09-01→ Preferred shares (229,331 underlying) - 7,789
Restricted Stock Units
[F1]Exercise: $3.60From: 2028-02-12Exp: 2028-02-12→ Preferred shares (7,789 underlying) - 6,850
Restricted Stock Units
[F1]Exercise: $4.10From: 2029-02-12Exp: 2029-02-12→ Preferred shares (6,850 underlying)
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]The price reported in Column 4 is a weighted average price. There shares were sold in multiple transactions at prices ranging from $4.05 to $4.06, inclusive.