Form 4 Filing for GERDAU S.A. (GGB)

This filing details a transaction by Chia Yuan Wang, a member of the senior management of GERDAU S.A. On April 8, 2026, 34,000 shares of preferred stock were disposed of at a weighted average price of $4.00 per share. Following this transaction, the reporting owner directly holds 193,895 shares of preferred stock. The filing also lists several grants of restricted stock units (RSUs) that vest on various dates between March 1, 2027, and March 1, 2029. These RSUs are convertible into preferred shares, with conversion prices ranging from $2.83 to $4.04. The RSUs are held indirectly, with the number of shares following the transaction ranging from 75,639 to 184,494.