DA CUNHA GUSTAVO WERNECK

PrivateCIK: 2120774

DA CUNHA GUSTAVO WERNECK (CEO and Board Member) sold 53.2% of their position (100K shares) of GERDAU S.A. on the open market

Open‑market sale worth $408.5K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales
InsiderDA CUNHA GUSTAVO WERNECKCIK 2120774
IssuerGERDAU S.A.CIK 1073404
Officer· CEO and Board Member
Since Mar 2026
-100K
Net shares
Net seller
$408.5K
Total sold
2
Open market trades
0B · 2S
2
Total transactions
100K disposed
Non-Derivative Transactions2

Preferred shares

Direct
S · Sale

Shares

50K

Price / share

$4.01

Trade value

$200.50K

% of position

26.6%
4/8/2026
188.08K138.08K

Preferred shares

Direct
S · Sale

Shares

50K

Price / share

$4.16

Trade value

$208K

% of position

36.2%
4/9/2026
138.08K88.08K
Total

Net shares

100K

Net value

-$408.50K

Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)4

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

86.45K

Shares owned

86.45K

Exercise price

3.84

Expiration

Exercise window

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

86.60K

Shares owned

86.60K

Exercise price

4.1

Expiration

Exercise window

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

152.89K

Shares owned

152.89K

Exercise price

3.73

Expiration

Exercise window

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

92.02K

Shares owned

92.02K

Exercise price

3.6

Expiration

Exercise window

Total

Underlying

417.96K

Owned

417.96K

DA CUNHA GUSTAVO WERNECK — Insider Transaction (Form 4) Filed Apr 10, 2026 | Finecho