Gerdau EVP Sells Company Stock in NYSE Transaction
1 report, 1 independent
Updated Thu 00:00
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What happened
Gerdau S.A. Executive Vice President Rafael Lopes sold 51,800 shares of the company through a transaction completed on September 17th. The shares were sold at an average price of $5.09, totaling $263,662.00. Following the sale, Rafael Lopes directly owned 83,399 shares of Gerdau, representing a 38.31% reduction in his stake.
From dailypolitical.com
Why it matters
The sale was disclosed in a document filed with the Securities & Exchange Commission. The transaction details are relevant to investors tracking insider activity at the publicly traded company.
From dailypolitical.com
Who's involved
- GerdauCompany whose stock was sold
- Rafael LopesExecutive Vice President who sold the company stock