Monitor Gerdau's next earnings release for any guidance revision or margin pressure commentary. The cluster selling without a plan suggests insiders may be reacting to near-term headwinds in steel pricing or demand.
Price Chart
Executive Summary
Two Gerdau insiders sold a combined $687K in open-market transactions over a week, with the largest sale by Claudio Johannpeter at $423K. The total is ~0.2% of market cap, a modest but notable cluster of selling without a 10b5-1 plan indicated, suggesting potential caution ahead of upcoming operational or macro headwinds in the steel sector.
Key Financial Metrics
Key Facts
- Two insiders sold shares between 2026-09-16 and 2026-09-23
- Total open-market sales: $687,000
- Lopes Rafael Gamboa sold 51,800 shares at $5.09 for $264,000
- Johannpeter Claudio sold 85,600 shares at $4.94 for $423,000
- No 10b5-1 plan indicated for either sale
- Cluster represents approximately 0.2% of Gerdau's market cap
Financial Impact
$687K in insider selling, ~0.2% of market cap
Risk Factors
- Insider selling may signal deteriorating fundamentals or sector headwinds
- Steel industry faces potential demand slowdown and price volatility
- Historical insider cluster selling at Gerdau has preceded negative returns
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GGB-1790368591326 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 6-K | $4.80 | awaiting T+60 | — | $4.75 (−1.04%) |
Oct 26, 2026 today | 6-K | $4.77 | awaiting T+60 | — | $4.75 (−0.42%) |
Oct 23, 2026 3d ago | 6-K | $5.05 | awaiting T+60 | — | $4.75 (−5.94%) |
Sep 25, 2026 4w ago | Insider Cluster | $4.78 | awaiting T+60 | — | $4.75 (+0.63%) |
Aug 14, 2026 10w ago | Insider Cluster | $4.74 | awaiting T+60 | — | $4.75 (+0.21%) |
Aug 12, 2026 10w ago | Insider Cluster | $4.80 | awaiting T+60 | — | $4.75 (−1.04%) |
Aug 5, 2026 11w ago | 6-K | $5.14 | awaiting T+60 | — | $4.75 (−7.59%) |
Jul 21, 2026 13w ago | 6-K | $4.64 $5.18 | ▲ +11.64% | ▲ +7.66% | $4.75 (+2.37%) |
Jun 15, 2026 19w ago | 6-K | $4.62 $5.10 | ▲ +10.39% | ▲ +9.39% | $4.75 (+2.81%) |
Jun 11, 2026 19w ago | Institutional Cluster | $4.66 $4.97 | ▲ +6.65% | ▲ +2.26% | $4.75 (+1.93%) |
US Market Status
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