Ryerson Holding Corp·4

Mar 23, 5:15 PM ET

Kannan Molly D 4

Research Summary

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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.