Silver Mark S. 4

What Happened

• Mark S. Silver, EVP and Chief Legal and Risk Officer of Ryerson Holding Corp (RYZ), was granted/credited with a total of 176.595 restricted stock units (RSUs) and related dividend equivalent rights on March 19, 2026. The awards are reported as derivative awards (transaction code A) and were recorded at $0.00 per unit (these are compensation awards, not open-market purchases).

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 23, 2026.
• Award breakdown (all are RSUs/dividend equivalents):
  • 27.793 RSUs (and accrued dividend equivalents) — $0.00
  • 54.364 RSUs (and accrued dividend equivalents) — $0.00
  • 94.438 RSUs (and accrued dividend equivalents) — $0.00
  • Total: 176.595 RSUs/dividend-equivalent units.
• Vesting/notes:
  • Each RSU represents a contingent right to one share upon vesting (F1).
  • These units include dividend equivalent rights that accrue and vest with the underlying RSUs (F2).
  • The 27.793 units relate to RSUs granted 3/31/2023 and will vest on 3/31/2026 (F3).
  • The 54.364 units relate to RSUs granted 3/31/2024 and will vest on 3/31/2026 and 3/31/2027 (F4).
  • The 94.438 units relate to RSUs granted 3/31/2025 and will vest on 3/31/2026, 3/31/2027, and 3/31/2028 (F5).
• Shares owned after transaction: not disclosed in the Form 4 provided.
• Timeliness: Form 4 filed March 23, 2026 reporting the March 19, 2026 transaction; no late filing flag noted.

Context

• These entries are compensation awards (RSUs and dividend equivalents), not purchases or sales. RSUs are contingent rights to receive shares if and when they vest; dividend equivalents are credited amounts tied to dividends on the underlying shares and vest on the same schedule. Such awards are routine components of executive compensation and do not by themselves indicate a buy/sell decision in the market.