Bloom Ron A. 4
4 · CLEVELAND-CLIFFS INC. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Cleveland-Cliffs (CLF) Director Ron Bloom Receives 4,837 Shares
What Happened
- Ron A. Bloom, a director of Cleveland-Cliffs Inc. (CLF), was issued 4,837 common shares on 2026-04-01. The shares were recorded at $8.27 each for a total value of $40,002. The Form 4 transaction code is A (award/grant or other acquisition) — these shares were issued as payment of his director retainer, not an open-market purchase.
Key Details
- Transaction date: 2026-04-01; filing date: 2026-04-02 (filed the next day, appears timely).
- Price per share: $8.27; total value: $40,002.
- Shares acquired: 4,837.
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnote: Bloom elected to receive his quarterly non-employee director retainer in shares (100% election) under the Cleveland-Cliffs Nonemployee Director Retainer Share Election Program.
- Transaction code: A (award/grant or other acquisition).
Context
- This issuance reflects routine compensation for a non-employee director (retainer paid in stock). Such director retainer share issuances are common and represent compensation rather than a market purchase that would signal a personal bullish bet.
Insider Transaction Report
Form 4
Bloom Ron A.
Director
Transactions
- Award
Common Shares
[F1]2026-04-01$8.27/sh+4,837$40,002→ 107,774 total
Footnotes (1)
- [F1]Reflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for the second quarter pursuant to the Reporting Person's election to participate in the Cleveland-Cliffs Inc. Nonemployee Director Retainer Share Election Program. The Reporting Person elected to participate in the Retainer Election Program at 100%.
Signature
/s/ James D. Graham by Power of Attorney|2026-04-02