Ryerson (RYZ) CFO James Claussen Receives RSU Awards

What Happened
James J. Claussen, Executive Vice President and Chief Financial Officer of Ryerson Holding Corp (RYZ), was granted a total of 178.885 derivative units on June 18, 2026. The filing shows three award entries — 27.928, 61.606 and 89.351 units — reported at $0.00 (award/derivative). These represent restricted stock units (RSUs) or dividend‑equivalent rights tied to RSUs rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-18; Filing date (Form 4): 2026-06-23 (filed five days after the transaction; Form 4s are generally required within two business days, so this filing appears late).
• Awards: 27.928, 61.606 and 89.351 RSU‑related units; total = 178.885 units; reported price = $0.00 (award).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes:
  • These units are RSUs (each unit = contingent right to one common share).
  • They include dividend‑equivalent rights that accrued on underlying RSU awards.
  • The accrued dividend equivalents relate to prior grants dated March 31, 2024; March 31, 2025; and March 31, 2026, and vest on the dates noted in the filing (vesting schedules include March 31, 2027, 2028 and 2029 depending on the grant).
• Transaction code: A = Award/Grant; treated as a derivative award, not a cash purchase or sale.

Context
RSUs and associated dividend equivalents are common forms of executive compensation and represent a contingent right to receive shares if and when they vest. These awards do not involve immediate cash outlay by the insider and do not indicate a market purchase or sale. A late Form 4 filing can be corrected by amendment; timeliness issues are administrative and do not by themselves indicate intent or market view.