This cluster is routine and immaterial relative to Gerdau's $9.5B market cap. The CEO's sale was paired with an equal grant, likely a planned tax-withholding transaction. No actionable signal for traders — monitor next earnings for any fundamental changes in steel demand or margins.
Price Chart
Executive Summary
Gerdau's CEO Gustavo Werneck sold $2.11M in stock on May 8, 2026, alongside two other insiders selling $199K, creating a $2.31M cluster. The CEO's sale was paired with a non-cash grant of the same number of shares, suggesting a planned tax-related transaction, but the total selling volume represents 0.024% of market cap — trivial and routine for a $9.5B company.
Key Financial Metrics
Key Facts
- CEO Gustavo Werneck sold 432,854 shares at $4.87 for $2.11M on May 8, 2026
- CEO also received a grant of 432,774 shares at $0 (non-cash) on the same day
- Two other insiders sold 42K shares for $199K on May 5, 2026
- Total cluster value: $2.31M, representing 0.024% of Gerdau's $9.5B market cap
- Prior 30-day insider activity: 8 sells totaling $3.3M
Financial Impact
Total insider selling of $2.31M is 0.024% of market cap — immaterial
Risk Factors
- Insider selling pattern may continue if steel prices decline further
- No material risk identified from this specific cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GGB-1778627564574 |
Filters
| 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%) |
US Market Status
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