Kannan Molly D 4
4 · Ryerson Holding Corp · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Ryerson (RYZ) CAO Molly D. Kannan Receives Award
What Happened
Molly D. Kannan, Chief Accounting Officer & Corporate Controller of Ryerson Holding Corp (RYZ), was credited with three awards on 2026-03-19 totaling 120.474 units (19.457, 38.058 and 62.959). These entries are derivative awards (dividend equivalent rights related to previously granted restricted stock units) recorded at $0.00 per unit.
Key Details
- Transaction date: March 19, 2026; Filing date: March 23, 2026 (reported four days later).
- Awards: 19.457, 38.058 and 62.959 units; total = 120.474 units; reported price $0.00 (derivative awards).
- Nature: Dividend equivalent rights accrued on underlying restricted stock units (RSUs); each RSU represents a contingent right to one share. (Footnotes F1–F5)
- Vesting details (from footnotes):
- F3 (from 3/31/2023 grants): related units vest on March 31, 2026.
- F4 (from 3/31/2024 grants): related units vest on March 31, 2026 and March 31, 2027.
- F5 (from 3/31/2025 grants): related units vest on March 31, 2026, March 31, 2027 and March 31, 2028.
- Shares owned after the transaction: not disclosed in this filing.
- Timeliness: Filed March 23, 2026 for a March 19, 2026 transaction — beyond the typical 2-business-day Form 4 filing window.
Context
These entries are not open-market purchases or sales but dividend-equivalent credits tied to existing RSUs. They do not require cash outlay and will convert into shares only as the underlying RSUs vest per the schedule above. Such awards are routine compensation-related entries and do not, by themselves, indicate a buy/sell decision by the insider.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-03-19+19.457→ 2,109.309 total→ Common Stock (19.457 underlying) - Award
Restricted Stock Units
[F1][F2][F4]2026-03-19+38.058→ 4,125.959 total→ Common Stock (38.058 underlying) - Award
Restricted Stock Units
[F1][F2][F5]2026-03-19+62.959→ 6,825.55 total→ Common Stock (62.959 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of Ryerson Holding Corporation (the "Company").
- [F2]Represents dividend equivalent rights that accrued on the underlying award of restricted stock units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate.
- [F3]The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2023 and outstanding as of March 19, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2026.
- [F4]The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2024 and outstanding as of March 19, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2026 and March 31, 2027.
- [F5]The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2025 and outstanding as of March 19, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2026, March 31, 2027 and March 31, 2028.