CRONIN JANE M. 4
4 · CLEVELAND-CLIFFS INC. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Cleveland-Cliffs Director Jane M. Cronin Receives 4,534 Shares
What Happened
- Jane M. Cronin, a director of Cleveland-Cliffs Inc. (CLF), was issued 4,534 common shares as an award/retainer on 2026-04-01.
- The shares were valued at $8.27 each for a total reported value of $37,496. This was an award/acquisition (transaction code A) — shares issued in lieu of cash compensation, not an open-market purchase.
Key Details
- Transaction date: 2026-04-01; Price reported: $8.27 per share; Total value: $37,496.
- Transaction type: Award/Grant (A) — director retainer paid in shares.
- Footnote: Cronin elected 100% participation in the Cleveland‑Cliffs Nonemployee Director Retainer Share Election Program, receiving her quarterly retainer fully in shares.
- Shares owned after transaction: Not disclosed in this filing.
- Filing timing: Report filed 2026-04-02 for a 2026-04-01 transaction (appears timely).
Context
- This is routine director compensation (retainer paid in stock) rather than a personal cash purchase or sale, so it is not necessarily a direct signal of the director’s view on the stock.
- Such awards are common for nonemployee directors and reflect compensation policy rather than opportunistic trading.
Insider Transaction Report
Form 4
CRONIN JANE M.
Director
Transactions
- Award
Common Shares
[F1]2026-04-01$8.27/sh+4,534$37,496→ 58,776 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