← United States · Coverage record
US · SEC FORM 4
GERDAU S.A.
GGB · NYSE · CIK 0001073404 · Basic Materials · Steel
INSIDER SIGNAL
1 qualifying P purchase group
in the current 180-day scoring window
21 Form 4 transaction lines observed in the same window
19 sales · 1 option, withholding, award, gift or other lines
WHY NO ACTIVE SIGNAL?
Score anatomy
No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.
Why is there no score?
- No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
- Sales and other Form 4 activity remain visible as context and do not create a negative score.
Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.
Insider activity timeline
Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.
Showing the six most active owners; 4 additional owner(s) remain in Form 4 evidence.
Purchase breadth & concentration
Roles in the peak window: CEO and Board Member. Concentration uses priced qualifying P lines only and does not change the saved score.
SIGNAL HISTORY
Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2026-06-12 · Da Cunha Gustavo Werneck.
Recent Form 4 activity
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 40,763,775
- Previous report
- 43,249,432
- Avg daily volume
- 11,325,463
- Days to cover
- 3.6
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-12 | Da Cunha Gustavo Werneck | Purchase (P) | Preferred shares | 165,224 | USD 4.73 | USD 781,510 | SEC filing ↗ |
Form 4 evidence
29 transaction lines in the latest 365-day window; 29 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-23 | Johannpeter Claudio | Sale (S) | Preferred shares | 85,607 | USD 4.94 | USD 422,899 | SEC filing ↗ |
| 2026-09-17 | Lopes Rafael Gamboa | Sale (S) | Preferred shares | 51,800 | USD 5.09 | USD 263,662 | SEC filing ↗ |
| 2026-08-10 | Johannpeter Andre Bier Gerdau | Sale (S) | Preferred shares | 99,200 | USD 4.94 | USD 490,048 | SEC filing ↗ |
Show recent Form 4 evidence (29 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-23 | Johannpeter Claudio | Sale (S) | Preferred shares | 85,607 | USD 4.94 | USD 422,899 | SEC filing ↗ |
| 2026-09-17 | Lopes Rafael Gamboa | Sale (S) | Preferred shares | 51,800 | USD 5.09 | USD 263,662 | SEC filing ↗ |
| 2026-08-10 | Johannpeter Andre Bier Gerdau | Sale (S) | Preferred shares | 99,200 | USD 4.94 | USD 490,048 | SEC filing ↗ |
| 2026-08-06 | Japur Rafael Dorneles | Sale (S) | Preferred shares | 10,000 | USD 5.10 | USD 51,000 | SEC filing ↗ |
| 2026-06-12 | Da Cunha Gustavo Werneck | Purchase (P) | Preferred shares | 165,224 | USD 4.73 | USD 781,510 | SEC filing ↗ |
| 2026-06-08 | Mattiello Marcos Zilles | Sale (S) | Preferred shares | 10,387 | USD 5.11 | USD 53,078 | SEC filing ↗ |
| 2026-06-02 | Wang Chia Yuan | Sale (S) | Preferred shares | 30,935 | USD 4.49 | USD 138,898 | SEC filing ↗ |
| 2026-06-02 | Metz Mauricio | Sale (S) | Preferred shares | 7,000 | USD 4.85 | USD 33,950 | SEC filing ↗ |
| 2026-05-26 | Metz Mauricio | Sale (S) | Preferred shares | 5,000 | USD 4.70 | USD 23,500 | SEC filing ↗ |
| 2026-05-22 | Japur Rafael Dorneles | Sale (S) | Preferred shares | 5,000 | USD 4.75 | USD 23,750 | SEC filing ↗ |
| 2026-05-19 | Peres Cesar Obino da Rosa | Sale (S) | Preferred shares | 8,000 | USD 4.60 | USD 36,800 | SEC filing ↗ |
| 2026-05-13 | Metz Mauricio | Sale (S) | Preferred shares | 5,000 | USD 4.85 | USD 24,250 | SEC filing ↗ |
| 2026-05-08 | Da Cunha Gustavo Werneck | Sale (S) | Preferred shares | 432,854 | USD 4.87 | USD 2,107,999 | SEC filing ↗ |
| 2026-05-08 | Da Cunha Gustavo Werneck | Award / grant (A) | Preferred shares | 432,774 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-05-05 | Metz Mauricio | Sale (S) | Preferred shares | 2,000 | USD 4.69 | USD 9,380 | SEC filing ↗ |
| 2026-05-05 | Wang Chia Yuan | Sale (S) | Preferred shares | 40,000 | USD 4.75 | USD 190,000 | SEC filing ↗ |
| 2026-04-30 | Wang Chia Yuan | Sale (S) | Preferred shares | 20,000 | USD 4.54 | USD 90,800 | SEC filing ↗ |
| 2026-04-28 | Da Cunha Gustavo Werneck | Sale (S) | Preferred shares | 88,000 | USD 4.50 | USD 396,000 | SEC filing ↗ |
| 2026-04-28 | Wang Chia Yuan | Sale (S) | Preferred shares | 76,700 | USD 4.49 | USD 344,383 | SEC filing ↗ |
| 2026-04-28 | Uhlein Clemir | Sale (S) | Preferred shares | 38,276 | USD 4.51 | USD 172,625 | SEC filing ↗ |
| 2026-04-28 | Metz Mauricio | Sale (S) | Preferred shares | 1,000 | USD 4.53 | USD 4,530 | SEC filing ↗ |
| 2026-04-10 | Wang Chia Yuan | Sale (S) | Preferred shares | 25,000 | USD 4.21 | USD 105,250 | SEC filing ↗ |
| 2026-04-10 | Metz Mauricio | Sale (S) | Preferred shares | 1,000 | USD 4.24 | USD 4,240 | SEC filing ↗ |
| 2026-04-09 | Wahrhaftig Marcos Eduardo Faraco | Sale (S) | Preferred shares | 12,419 | USD 4.06 | USD 50,421 | SEC filing ↗ |
| 2026-04-09 | Da Cunha Gustavo Werneck | Sale (S) | Preferred shares | 50,000 | USD 4.16 | USD 208,000 | SEC filing ↗ |
| 2026-04-08 | Wang Chia Yuan | Sale (S) | Preferred shares | 34,000 | USD 4.00 | USD 136,000 | SEC filing ↗ |
| 2026-04-08 | Da Cunha Gustavo Werneck | Sale (S) | Preferred shares | 50,000 | USD 4.01 | USD 200,500 | SEC filing ↗ |
| 2026-03-20 | Johannpeter Guilherme Chagas Gerdau | Sale (S) | Preferred shares | 85,607 | USD 3.29 | USD 281,647 | SEC filing ↗ |
| 2026-03-20 | Johannpeter Guilherme Chagas Gerdau | Sale (S) | Preferred shares | 85,607 | USD 3.29 | USD 281,647 | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-18 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | GGB |
| CIK | 0001073404 |
| Sector | Basic Materials |
| Industry | Steel Yahoo Finance |
| SEC SIC | 3310 Steel Works, Blast Furnaces & Rolling & Finishing Mills |
| Exchange | NYSE |
Data coverage
| Local Form 4 history | 29 transaction lines from 2026-03-20 to 2026-09-23 1 P purchase lines · 27 S sale lines · 1 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.