Claussen James J 4

What Happened

• James J. Claussen, Executive Vice President and Chief Financial Officer of Ryerson Holding Corp (RYZ), received three derivative awards on March 19, 2026 totaling 240.937 restricted stock unit (RSU)–related shares (38.913; 76.106; 125.918). Each was recorded at $0.00 on the Form 4 and reflects dividend equivalent rights tied to previously granted RSUs rather than an open-market purchase.

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (timely).
• Awards: 38.913; 76.106; and 125.918 units; aggregate = 240.937 units; reported acquisition price $0.00 (derivative awards).
• Nature of award: Each unit is a contingent right to one share (restricted stock unit); the reported items are dividend equivalent rights that accrued on underlying RSUs (see footnotes).
• Vesting/settlement: Footnotes state the dividend equivalents relate to RSUs granted on 3/31/2023, 3/31/2024, and 3/31/2025 and vest/settle on March 31 of 2026, 2027 and/or 2028 depending on the grant year (see filing for exact mapping).
• Shares owned after transaction: Not specified in the excerpt provided.

Context

• These entries are compensation-related derivative awards (RSUs and accrued dividend equivalents), not purchases or sales in the open market. Such awards are routine executive compensation and do not by themselves indicate buying or selling intent.