Lehner Edward J. 4
4 · Ryerson Holding Corp · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Ryerson (RYZ) CEO Edward J. Lehner Receives RSU Awards
What Happened Edward J. Lehner, CEO and Director of Ryerson Holding Corp (RYZ), was granted three awards on June 18, 2026 consisting of 87.768 RSUs, 169.411 RSUs, and 245.713 RSUs — a total of 502.892 restricted stock units. Each award was recorded at $0.00 (typical for RSU grants) and is a derivative/award transaction (code A): these are contingent rights to receive common shares if and when the RSUs vest.
Key Details
- Transaction date: June 18, 2026; Filing date (Form 4): June 23, 2026 (filed one business day late vs. the two-business-day Form 4 deadline).
- Transaction type/code: Award/Grant (A); reported acquisition price: $0.00.
- Award components: 87.768 RSUs, 169.411 RSUs, 245.713 RSUs (total 502.892 RSUs).
- Footnotes: Awards include dividend equivalent rights that accrued on the underlying RSUs. Footnotes indicate the RSUs relate to grants made on March 31, 2024; March 31, 2025; and March 31, 2026, with vesting dates stretching through March 31, 2029.
- Shares owned after the transaction: Not specified in the provided excerpt of the filing.
Context These are compensation awards (RSUs), not open-market purchases or sales. RSUs are a contingent right to receive shares upon vesting; dividend equivalents accrue alongside the RSUs and vest/settle on the same schedule. Because they were granted at $0, their eventual cash/share value depends on Ryerson’s stock price at settlement — the grants themselves do not involve an immediate cash outlay or sale. The late filing note is procedural; it does not change the nature of the awards but is useful for compliance-aware investors.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-06-18+87.768→ 13,053.947 total→ Common Stock (87.768 underlying) - Award
Restricted Stock Units
[F1][F2][F4]2026-06-18+169.411→ 25,196.928 total→ Common Stock (169.411 underlying) - Award
Restricted Stock Units
[F1][F2][F5]2026-06-18+245.713→ 36,545.713 total→ Common Stock (245.713 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of Ryerson Holding Corporation (the "Company").
- [F2]Represents dividend equivalent rights that accrued on the underlying award of restricted stock units. Dividend equivalent rights accrue when and as dividends are paid on the common shares underlying the applicable restricted share units and vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate.
- [F3]The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2024 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027.
- [F4]The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2025 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027 and March 31, 2028.
- [F5]The dividend equivalent rights accrued on restricted stock units that were granted on March 31, 2026 and outstanding as of June 18, 2026. These unvested restricted stock units, and the dividend equivalent rights related to such unvested restricted stock units, will vest on March 31, 2027, March 31, 2028, and March 31, 2029.