JAPUR RAFAEL DORNELES

PrivateCIK: 2120466

JAPUR RAFAEL DORNELES enters GERDAU S.A. with 101.97K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives
InsiderJAPUR RAFAEL DORNELESCIK 2120466
IssuerGERDAU S.A.CIK 1073404
Other
Since Mar 2026
101.97K
Baseline shares
100% direct
101.97K
Direct ownership
1 position
220.47K
Derivative underlying
6 instruments
1
Security positions
All direct
Non-Derivative Holdings1

Preferred shares

Direct
Shares owned101.97K
Total
101.97K direct101.97K
Derivative Holdings6

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

46.63K

Shares owned

N/A

Exercise price

19.50

Expiration

Exercise window

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

8.92K

Shares owned

N/A

Exercise price

19.50

Expiration

Exercise window

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

38.05K

Shares owned

N/A

Exercise price

19.06

Expiration

Exercise window

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

81.11K

Shares owned

N/A

Exercise price

20.83

Expiration

Exercise window

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

15.83K

Shares owned

N/A

Exercise price

18.32

Expiration

Exercise window

Restricted Stock Units

Direct
Underlying security
Preferred shares

Underlying shares

29.93K

Shares owned

N/A

Exercise price

20.83

Expiration

Exercise window

Total

Underlying

220.47K

Owned

0.00

JAPUR RAFAEL DORNELES — Initial Ownership Disclosure (Form 3) Filed Mar 18, 2026 | Finecho