Greiff Andrew S 4
Research Summary
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Ryerson (RYZ) EVP Andrew Greiff Receives RSU Award
What Happened
Andrew S. Greiff, Executive Vice President of Ryerson Holding Corp (RYZ), was credited with 79.488 restricted stock units (RSUs) / dividend equivalent rights in a grant reported as a derivative acquisition on June 18, 2026. The reported acquisition price is $0.00 (no cash paid); the filing shows a derivative award rather than an open‑market purchase or sale.
Key Details
- Transaction date: June 18, 2026; Filing date: June 23, 2026 (filed after the transaction date).
- Award: 79.488 RSUs / dividend equivalent rights; reported acquisition price $0.00; reported value $0.
- What the award means: Each RSU represents a contingent right to receive one share of Ryerson common stock (F1). The reported units are dividend equivalent rights that accrued on the underlying RSU award and vest/settle on the same schedule as those RSUs (F2).
- Vesting schedule note: The underlying RSUs were granted March 31, 2026 and the unvested RSUs and related dividend equivalents will vest on March 31, 2027, March 31, 2028, and March 31, 2029 (F3).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Timeliness: Filing was submitted on June 23 for a June 18 transaction (outside the typical 2 business‑day Form 4 window), so the report appears late.
Context
This was a grant of RSU‑linked dividend equivalents (a compensation award), not a purchase or sale. Such awards represent future rights to shares if and when they vest and are common as executive compensation; they do not reflect an immediate cash outlay or sale of stock.