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 reported as receiving 109.299 restricted stock units (RSUs) on June 18, 2026. The Form 4 shows an acquisition of 109.299 derivative units at $0.00 per unit (no cash paid in connection with this award). This is an equity compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-18; Form filed: 2026-06-23 (5 calendar days / 3 business days later). Form 4s are generally due within 2 business days, so this filing appears to have been submitted late.
- Instrument: 109.299 Restricted Stock Units (derivative award) at $0.00 per unit.
- Shares owned following transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: Each RSU is a contingent right to receive one share of common stock.
- F2: Dividend equivalent rights accrued on the underlying RSUs and vest/settle on the same schedule as the RSUs.
- F3: The dividend equivalents relate to RSUs granted March 31, 2026; the unvested RSUs and related dividend equivalents vest on March 31 of 2027, 2028, and 2029.
Context
This was an equity compensation award (A = Award/Grant) rather than a market transaction. RSUs represent a future right to receive shares if vesting conditions are met; they do not require cash outlay by the insider at grant and do not by themselves indicate buying or selling sentiment.