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GGB GERDAU S.A. Insider Trading

Latest: CEO and Board Member Sold $2.1M of Shares · May 2026
1 filing analyzed · Latest 2026-05-12
Insider buys
0
Insider sells
1
Unique insiders
1
Direction
Net selling
May 2026
2026-05-12
medium
Da Cunha Gustavo Werneck Sell
CEO and Board Member
432,854 shares
$2,107,999
@ $4.87
Significance 4/10

CEO Da Cunha liquidates entire stake with same-day award and sale totaling $2.1M in shares.

Da Cunha Gustavo Werneck, the company's CEO, executed a same-day acquisition and full liquidation of stock on the filing date, disposing of approximately 433,000 shares worth roughly $2.1 million. This is his fourth open-market sale in the past three years with no open-market purchases on record — a pattern of consistent selling with no corresponding buying. The stock has rallied sharply over the past three months but remains noticeably below its 52-week high, suggesting he chose to exit near a relative peak rather than during a decline. The combination of complete stake liquidation by the CEO, combined with his exclusive history of sales rather than purchases, reflects a significant change in insider ownership position at the company.

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