MARABITO RICHARD T 4
Research Summary
AI-generated summary
Ryerson (RYZ) President Richard Marabito Receives RSU Award
What Happened
Richard T. Marabito, President & COO and a director of Ryerson Holding Corp (RYZ), was granted 16,147.56 restricted stock units (RSUs) on March 31, 2026. The grant is recorded at $0.00 per unit (an equity award/derivative grant), so no cash was exchanged. This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31; filing date (Form 4): 2026-04-02 (Accession 0000899140-26-000358).
- Grant amount: 16,147.56 RSUs; price reported: $0.00 (award).
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes:
- F1 — Each RSU represents a contingent right to one share of common stock.
- F2 — Vesting schedule: 5,382.52 RSUs vest on each of the 1st, 2nd and 3rd anniversaries of the grant; vested shares will be delivered within 60 days following each vesting date.
- No indication in the filing that this was part of a 10b5-1 plan or that the filing was late.
Context
RSU grants are common executive compensation and do not involve an immediate market purchase or sale; they convert to shares only upon vesting. Because the units vest over three years, this grant is intended as long-term incentive/retention rather than a near-term market signal.