Ryerson Holding Corp·4

Apr 2, 8:38 PM ET

Claussen James J 4

4 · Ryerson Holding Corp · Filed Apr 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Ryerson (RYZ) CFO James Claussen Vests/Converts RSUs; 10,415 Shares Withheld

What Happened

  • James J. Claussen, Executive Vice President & CFO of Ryerson Holding Corp (RYZ), had multiple restricted stock units (RSUs) and performance RSUs vest/convert on March 31, 2026. The filing shows conversions/acquisitions totaling 24,619 shares (from multiple prior grants) at $0.00 per share and a contemporaneous withholding of 10,415 shares to cover tax obligations at $22.48 per share (cash value withheld = $234,129). The filing also reports a new grant of 13,200 RSUs on March 31, 2026 (vesting 4,400 shares each year over three years).
  • These transactions are vesting/settlement events (derivative conversions and awards), not open‑market purchases or discretionary sales.

Key Details

  • Transaction date: March 31, 2026; Form 4 filed April 2, 2026 (timely).
  • Conversions/acquisitions: 4,219 + 4,125 + 4,550 + 11,725 = 24,619 shares acquired at $0.00 (conversion/vesting of RSUs/performance RSUs).
  • Tax withholding/net settlement: 10,415 shares withheld at $22.48/share = $234,129 (code F; routine withholding to satisfy tax obligations).
  • New grant: 13,200 RSUs (code A) granted Mar 31, 2026; vesting schedule: 4,400 on each of years 1, 2 and 3 after grant (F11).
  • Footnotes: performance RSUs granted Mar 31, 2023 vested upon committee certification (F2); dividend equivalent rights related to various grants were settled proportionately (F1, F6, F8, F10). Each RSU converts to one share when vested (F3).
  • Shares owned after the transactions are not stated in the excerpt of the filing provided.

Context

  • These were vesting/settlement events and a new time‑based RSU grant — common executive compensation actions. The withheld shares represent a net‑share settlement to cover withholding taxes (a routine administrative step), not an open‑market sale. No 10b5‑1 plan or late filing is indicated in the provided data.

Insider Transaction Report

Form 4
Period: 2026-03-31
Claussen James J
Executive Vice President & CFO
Transactions
  • Exercise/Conversion

    Common Stock (par value $0.01 per share)

    [F1]
    2026-03-31+4,21978,503.337 total
  • Exercise/Conversion

    Common Stock (par value $0.01 per share)

    [F1]
    2026-03-31+4,12582,628.337 total
  • Exercise/Conversion

    Common Stock (par value $0.01 per share)

    [F1]
    2026-03-31+4,55087,178.337 total
  • Exercise/Conversion

    Common Stock (par value $0.01 per share)

    [F2]
    2026-03-31+11,72598,903.337 total
  • Tax Payment

    Common Stock (par value $0.01 per share)

    [F12]
    2026-03-31$22.48/sh10,415$234,12988,488.337 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F4][F5][F6]
    2026-03-314,2190 total
    Common Stock (4,219 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F4][F7][F8]
    2026-03-314,1254,125.881 total
    Common Stock (4,125 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F4][F9][F10]
    2026-03-314,5509,101.098 total
    Common Stock (4,550 underlying)
  • Award

    Restricted Stock Units

    [F3][F11]
    2026-03-31+13,20013,200 total
    Common Stock (13,200 underlying)
Footnotes (12)
  • [F1]Represents shares received upon the vesting of restricted stock units and shares received upon the vesting of dividend equivalent rights granted in connection with the quarterly dividends declared by Ryerson Holding Corporation (the "Company"). Dividend equivalent rights are subject to the same terms and conditions, including vesting, as the underlying restricted stock units.
  • [F10]Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2025. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
  • [F11]On March 31, 2026, the reporting person was granted 13,200 restricted stock units, of which 4,400 will vest on the first anniversary of the grant date, 4,400 will vest on the second anniversary of the grant date and 4,400 will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
  • [F12]Represents shares that have been withheld by the Company to satisfy its income tax and withholding remittance obligations in connection with the net settlement of restricted stock units.
  • [F2]Represents shares received or that will be received in respect of performance-based restricted stock units granted on March 31, 2023. Each performance-based restricted stock unit became vested on March 31, 2026, which was the later of (i) the third anniversary of the grant date and (ii) the date the compensation committee certified the achievement of the applicable performance objectives in accordance with the underlying award agreement. The compensation committee certified the achievement of the applicable performance objectives on March 31, 2026. Vested shares will be delivered to the reporting person not later than 60 days following the vesting date.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of common stock of the Company.
  • [F4]The restricted stock units reported as disposed herein were settled for shares of common stock of the Company.
  • [F5]On March 31, 2023, the reporting person was granted 11,550 restricted stock units, of which 3,850 vested on the first anniversary of the grant date, 3,850 vested on the second anniversary of the grant date and 3,850 vested on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
  • [F6]Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2023. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
  • [F7]On March 31, 2024, the reporting person was granted 11,550 restricted stock units, of which 3,850 vested on the first anniversary of the grant date and 3,850 vested on the second anniversary of the grant date. All 3,850 of the remaining unvested restricted stock units will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
  • [F8]Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2024. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
  • [F9]On March 31, 2025, the reporting person was granted 13,200 restricted stock units, of which 4,400 vested on the first anniversary of the grant date. Of the remaining unvested restricted stock units, 4,400 will vest on the second anniversary of the grant date and 4,400 will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
Signature
/s/ Camilla Rykke Merrick, attorney-in-fact|2026-04-02

Documents

1 file
  • 4
    form4.xmlPrimary

    R121810660