Trade Summary

5 days ago, Japur Rafael Dorneles, serving as VP, CFO and IR Officer at GERDAU S.A. (GGB), sold 10,000 shares at $5.10 per share, for a total transaction value of $51,000.00. Following this transaction, Japur Rafael Dorneles now holds 86,967 shares of GGB.

This sale represents a 10.31% decrease in Japur Rafael Dorneles's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, August 6, 2026 and publicly disclosed via SEC Form 4 filing on Monday, August 10, 2026 at 4:16 PM ET, 4 days after the trade was made.

GERDAU S.A. operates in the BASIC MATERIALS sector, specifically within the STEEL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.