• BlackRock cut its stake in Gerdau to 125,993,285 preferred shares, including ADRs, equal to 9.99% of preferred stock.
• Holdings comprised 110,888,953 preferred shares, 15,104,332 ADRs as of Aug. 14, 2026.
• BlackRock also held 10,674,077 cash-settled derivatives tied to preferred shares, equal to 0.85% of preferred stock.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gerdau SA published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.