Ryerson (RYZ) Director Court Carruthers Receives Equity Award

What Happened Court D. Carruthers, a director of Ryerson Holding Corp (RYZ), received director compensation on July 23, 2026 consisting of (1) 97 shares of common stock granted and vested the same day and (2) 3,067 restricted stock units (RSUs) that represent a contingent right to receive one share each. Both awards were recorded at $0 purchase price (they are compensation, not a cash purchase), for a total of 3,164 shares/units granted.

Key Details

• Transaction date(s): July 23, 2026; Form 4 filed July 27, 2026 (timely — within required two business days).
• Grants and amounts: 97 shares acquired (vested on grant date); 3,067 RSUs granted (derivative award).
• Price: $0.00 per share/unit (compensation award, not a market purchase).
• Vesting: The 97 shares vested immediately per the filing. The 3,067 RSUs are unvested and, per the filing, will vest on the earlier of (i) July 23, 2027 or (ii) the date of the next annual stockholders’ meeting.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: awards made under Ryerson’s Director Compensation Program; each RSU represents the right to one common share.

Context These transactions are awards of equity as part of director compensation. Awards and RSUs are common non-cash pay for board service; the vested shares are immediately owned, while RSUs are contingent and subject to vesting conditions before becoming actual shares. Awards do not necessarily signal the director’s market view and are routine corporate compensation unless accompanied by open-market purchases or sales.