Insider Cluster (4 insiders) ·Filed Apr 28, 2026
Insider cluster: 4 insiders, $0.8M total
Actionable Insight • Neutral
The insider selling is too small to warrant action. Monitor for any acceleration in insider sales or material corporate events that could explain increased selling.
Final — all horizons settled through T+60d ⚠ clustered
GGB ▲ +5.76% at T+60d
NEUTRAL call ✓ call won +5.76% · α vs SPY +1.78% · entry $4.51 → $4.77
T+1d
-1.77%
call -1.77% · α -1.76%
$4.43
settled 5mo ago
T+5d
+6.43%
call +6.43% · α +4.74%
$4.80
settled 5mo ago
T+20d
+3.77%
call +3.77% · α -1.70%
$4.68
settled 4mo ago
T+60d
+5.76%
call +5.76% · α +1.78%
$4.77
settled 2mo ago
Price Chart
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Executive Summary
Four Gerdau insiders, including CEO Gustavo Werneck, sold a total of $763K in open-market shares over the past week. The total represents only 0.008% of market cap, making this a routine and immaterial cluster.
Key Financial Metrics
Direction
selling
Total Value
$763.0K
Insiders
4
Key Facts
- Total insider sales: $763K across 4 insiders (all open-market sales)
- CEO Gustavo Werneck sold $396K worth of shares
- Sales represent ~0.008% of GGB's $9.7B market cap
- No insider purchases were reported in the cluster
Financial Impact
Insider sales of $763K are negligible relative to $9.7B market cap
dilution
Risk Factors
- No material risk from this cluster
Market Snapshot
Exchange
NYSE
Sector
Steel Works, Blast Furnaces & Rolling & Finishing Mills
Analyst Consensus
85% bullish (20 analysts)
Investment Themes
Materials & Mining
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GGB-1778188762876 |
16 reports for GGB
50% Hit rate best @ T+60▲ +10.39%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 7w ago | Insider Cluster | $4.74 $4.89 | ▲ +3.16% | ▲ +5.16% | $4.81 (+1.48%) |
Aug 12, 2026 7w ago | Insider Cluster | $4.83 $5.10 | ▲ +5.59% | ▲ +7.49% | $4.81 (−0.41%) |
Aug 5, 2026 8w ago | 6-K | $5.14 $4.97 | ▼ −3.31% | ▼ −2.71% | $4.81 (−6.42%) |
Jul 21, 2026 10w ago | 6-K | $4.64 $4.67 | ▲ +0.65% | ▼ −1.92% | $4.81 (+3.66%) |
Jun 15, 2026 15w ago | 6-K | $4.62 $4.61 | ▼ −0.22% | ▼ −0.42% | $4.81 (+4.11%) |
Jun 11, 2026 16w ago | Institutional Cluster | $4.66 $4.41 | ▼ −5.36% | ▼ −7.26% | $4.81 (+3.22%) |
Jun 3, 2026 17w ago | Insider Cluster | $4.71 $4.07 | ▼ −13.59% | ▼ −12.22% | $4.81 (+2.12%) |
May 28, 2026 18w ago | Insider Cluster | $4.50 $4.13 | ▼ −8.22% | ▼ −6.43% | $4.81 (+6.89%) |
May 22, 2026 19w ago | Insider Cluster | $4.75 $4.17 | ▼ −12.16% | ▼ −10.75% | $4.81 (+1.26%) |
May 5, 2026 21w ago | Insider Cluster | $4.80 $4.89 | ▲ +1.88% | ▼ −3.08% | $4.81 (+0.21%) |
Showing 10 of 16
US Market Status
Market Closed — Opens Mon (37h 4m)
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