Lehner Edward J. 4

What Happened
Edward J. Lehner, President & CEO and a director of Ryerson Holding Corp (RYI), sold a total of 60,001 shares in two dispositions. On 2026-01-21 he sold 1,000 shares at $30.01 for $30,008, and on 2026-01-22 he sold 59,001 shares at an average price of $30.06 for $1,773,570, for combined gross proceeds of $1,803,578. These were sales (not purchases or option exercises).

Key Details

• Transaction dates and prices: 2026-01-21 — 1,000 shares @ $30.01; 2026-01-22 — 59,001 shares @ avg $30.06 (multiple trades within $30.000–$30.035 also noted).
• Total shares sold: 60,001; total proceeds: $1,803,578.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted Mar 28, 2025 (prearranged plan). The filing notes multiple transactions/price slices and offers to provide a breakdown on request.
• Filing timeliness: Form filed 2026-01-23 for transactions on 2026-01-21 and 2026-01-22 (appears timely under Form 4 rules).

Context
Sales executed under a Rule 10b5-1 plan are prearranged and often reflect scheduled disposition rather than a real-time view on the company. For retail investors, purchases generally carry more direct informational weight about insider sentiment; planned sales like this are typically routine or for personal-liquidity purposes.