Bank of America lifts Gerdau stake to 5.07%

Bank of America increased its stake in Gerdau to 5.07% on August 20, 2026, triggering a mandatory disclosure. The bank now holds 63,970,174 preferred shares and has minor derivative exposure. Bank of America stated it does not seek changes in control or management.

Bank of America lifted its stake in Gerdau to 5.07% on Aug. 20, 2026, triggering a CVM 5% disclosure. * Holding totals 63,970,174 preferred shares (GGBR4) out of 1,261,042,330 shares outstanding. * Cash-settled derivative exposure was 223,569 shares, equal to 0.02% of outstanding shares. * Bank of America said it does not seek changes in control or management. 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 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here