Leggio Karen Marie 4
Research Summary
AI-generated summary
Ryerson (RYZ) Director Karen Leggio Receives Equity Award
What Happened
- Karen Marie Leggio, a director of Ryerson Holding Corp (RYZ), received equity compensation on July 23, 2026 consisting of 97 shares issued and 3,067 restricted stock units (RSUs). Both items were reported as acquired at $0.00 (no cash paid). The 97 shares vested and were issued on the grant date; the 3,067 RSUs are a derivative award (contingent right to receive shares).
Key Details
- Transaction date: July 23, 2026. Form 4 filed July 27, 2026 (appears to be filed four days after the transaction; Form 4s are generally due within two business days).
- Awards reported: 97 shares acquired (vested on grant date; footnote F1) and 3,067 RSUs granted (reported as derivative; footnotes F2–F4).
- Price: $0.00 per share/unit (compensation grant — no purchase price).
- Vesting: The 97 shares vested in full on grant date (F1). The 3,067 RSUs are unvested and will vest on the earlier of July 23, 2027 or the date of the next annual stockholders’ meeting (F4).
- Shares owned after the transaction: Not specified in the provided filing details.
- No sale, open-market purchase, option exercise, tax-withholding, or 10b5-1 plan was reported in the provided summary.
Context
- These transactions are routine director compensation: the RSUs are a form of deferred equity (each RSU represents the right to one share if and when it vests). Such grants are compensation, not market purchases or sales, and do not by themselves signal the insider buying or selling stock on market sentiment.
- The filing indicates the award vested for the 97 shares immediately; the larger RSU grant remains subject to future vesting conditions. The apparent late filing is informational — investors may note timeliness when monitoring insider disclosure practices.