CRONIN JANE M. 4
4 · CLEVELAND-CLIFFS INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Cleveland‑Cliffs (CLF) Director Jane Cronin Receives 4,246 Shares
What Happened
- Jane M. Cronin, a non-employee director of Cleveland‑Cliffs Inc. (CLF), was issued 4,246 common shares on 2026-07-01 as an award/acquisition (transaction code A).
- The shares were valued at $9.42 each, for a total reported value of $39,997. This issuance was in lieu of cash as payment of her quarterly director retainer.
Key Details
- Transaction date and price: 2026-07-01 at $9.42 per share (4,246 shares; total ~$39,997).
- Transaction type: Award/Grant (A) — issuance of shares as compensation, not an open‑market purchase.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: The shares were issued under the Cleveland‑Cliffs Nonemployee Director Retainer Share Election Program; Cronin elected 100% of her quarterly retainer to be paid in shares.
- Filing timeliness: Report covers 2026-07-01 and was filed 2026-07-02 — appears timely.
Context
- This was a standard director compensation issuance (retainer paid in shares), a routine non-cash award rather than a personal cash purchase or sale. Such retainer-share issuances are common and reflect compensation choices, not necessarily a buy/sell signal about company prospects.
Insider Transaction Report
Form 4
CRONIN JANE M.
Director
Transactions
- Award
Common Shares
[F1]2026-07-01$9.42/sh+4,246$39,997→ 78,356 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 third 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|2026-07-02