Claussen James J 4

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.