Get email alerts when GGB insiders make a move — free, no credit card

GGB Insider Trading & Form 4 Activity

GERDAU S.A.
Last filing: Jun 15, 2026·5 days ago
BEARISH · LAST 90 DAYS
9%
buyers
$782K
1 buy
$3.0M
10 sells
-$2.2M
net selling
5
insiders
Tracking GGB insiders takes 3 seconds. Get free alerts →
ACTIVE SELLING CLUSTER

3 insiders sold a combined $2.7M of GGB between Apr 28, 2026 and May 8, 2026.

Da Cunha Gustavo Werneck, Wang Chia Yuan, Metz Mauricio

Don't miss the next GGB cluster. Tracenotes detected this one — get the next alert free.

Net flow — last 12 months

Monthly net of insider buys minus sells. Green months indicate net buying; red months indicate net selling.

Most active insiders

Ranked by total transaction value over the last 90 days.

INSIDERBOUGHTSOLDNET
Da Cunha Gustavo Werneck
CEO and Board Member
$782K
$2.5M
-$1.7M
Wang Chia Yuan
Insider
$329K
-$329K
Metz Mauricio
Insider
$91K
-$91K
Peres Cesar Obino Da Rosa
Officer
$37K
-$37K
Japur Rafael Dorneles
Insider
$24K
-$24K

Recent transactions

Every Form 4 transaction for GGB, newest first.

BUY
Da Cunha Gustavo Werneck · CEO and Board Member
Tx Jun 12·Filed Jun 15·EDGAR ↗
165,224 sh @ $4.73
$782K
SELL
Wang Chia Yuan · Insider
Tx Jun 2·Filed Jun 3·EDGAR ↗
30,935 sh @ $4.49
$139K
SELL
Metz Mauricio · Insider
Tx Jun 2·Filed Jun 3·EDGAR ↗
7,000 sh @ $4.85
$34K
SELL
Metz Mauricio · Insider
Tx May 26·Filed May 28·EDGAR ↗
5,000 sh @ $4.70
$24K
SELL
Japur Rafael Dorneles · Insider
Tx May 22·Filed May 26·EDGAR ↗
5,000 sh @ $4.75
$24K
SELL
Peres Cesar Obino Da Rosa · Officer
Tx May 19·Filed May 22·EDGAR ↗
8,000 sh @ $4.60
$37K
SELL
Metz Mauricio · Insider
Tx May 13·Filed May 15·EDGAR ↗
5,000 sh @ $4.85
$24K
SELL
Da Cunha Gustavo Werneck · CEO and Board Member
Tx May 8·Filed May 12·EDGAR ↗
432,854 sh @ $4.87
$2.1M
AWARD
Da Cunha Gustavo Werneck · CEO and Board Member
Tx May 8·Filed May 12·EDGAR ↗
432,774 sh
SELL
Metz Mauricio · Insider
Tx May 5·Filed May 8·EDGAR ↗
2,000 sh @ $4.69
$9K
SELL
Wang Chia Yuan · Insider
Tx May 5·Filed May 7·EDGAR ↗
40,000 sh @ $4.75
$190K
SELL
Da Cunha Gustavo Werneck · CEO and Board Member
Tx Apr 28·Filed May 5·EDGAR ↗
88,000 sh @ $4.50
$396K

Track every ticker you care about

Free plan includes 3 tickers, daily insider scans, and cluster alerts. No credit card.

Start free (3 tickers)See plans

Join investors tracking SEC filings.

About GGB insider trading data

Form 4 is the SEC filing required when an officer, director, or 10% owner of a public company buys or sells the company's stock. By law, these filings must be submitted within two business days of the trade. Tracenotes pulls every Form 4 filing for GGB from EDGAR, parses it, and surfaces the activity on this page.

What insider buying tells you. Open-market purchases by insiders are widely studied as a meaningful signal. Unlike stock awards (which are compensation, not conviction), an executive spending their own money to buy shares of the company they run is a vote of confidence. Studies have found insider-buying clusters — three or more insiders buying within a short window — outperform the broader market over the following year.

What insider selling tells you. Selling is noisier. Many sales are pre-scheduled under SEC Rule 10b5-1 plans, which let insiders sell on a fixed schedule regardless of company news. We label these "10b5-1" so you can see them. Discretionary sales — sales not tied to a plan — are more meaningful, especially when multiple insiders sell in quick succession.

Tracenotes methodology. We scan EDGAR daily for new Form 4 filings, parse them into individual transactions, and detect clusters when three or more distinct insiders buy or sell within a 14-day window. The data on this page covers the last 12 months. For deeper analysis, Tracenotes also runs language-change detection on 10-K and 10-Q filings — that's our core product.

See this for every ticker.

Tracenotes covers the S&P 500 and beyond. Pick any ticker — get the same depth of insider trading data.

AAPLNVDAMSFTTSLA

Free plan available — no credit card. Sign up free →

Frequently asked questions

What is a Form 4 filing?

Form 4 is the SEC disclosure required when a company insider — an officer, director, or 10% owner — buys or sells the company's stock. By law these filings must be submitted within two business days of the trade.

Is insider buying GGB always bullish?

Open-market purchases by insiders are widely viewed as a bullish signal because executives are spending their own money. Stock awards and option exercises are part of compensation and don't carry the same weight, which is why we treat them separately on this page.

What is a 10b5-1 trade?

A trade made under SEC Rule 10b5-1, which lets insiders pre-schedule sales weeks or months in advance. These sales execute on a fixed plan regardless of company news, so they're a weaker signal than discretionary sales. We label them with a "10b5-1" tag.

What is an insider cluster?

A cluster is when three or more distinct insiders buy or sell within a 14-day window. Clusters are studied as stronger signals than single trades because multiple people independently reach the same view. We surface active clusters on GERDAU S.A. (GGB) when they form.

Where does GGB insider trading data come from?

Every Form 4 filing for GGB is sourced directly from SEC EDGAR. Tracenotes scans EDGAR daily, parses each Form 4 into individual transactions, and updates this page within hours of new filings.

Nothing on this page constitutes investment advice. Form 4 data is sourced from SEC EDGAR and provided for research purposes only.

© 2026 Tracenotes · tracenotes.ai