Ryerson (RYZ) CEO Edward Lehner Receives RSU Awards

What Happened
Edward J. Lehner, CEO and a director of Ryerson Holding Corp (RYZ), was granted three awards of restricted stock units (RSUs) on September 17, 2026. The awards were recorded as derivative acquisitions (code A) of 99.175, 191.428 and 277.647 RSUs, totaling 568.25 RSUs. Each award is shown at $0.00 per unit (these are compensation awards, not cash purchases or open-market trades).

Key Details

• Transaction date: September 17, 2026; Form 4 filed September 21, 2026 (filed on time).
• Grants: 99.175 RSUs, 191.428 RSUs, 277.647 RSUs; aggregate = 568.25 RSUs. Price per unit reported: $0.00. Transaction code: A (award/grant).
• Shares owned after transaction: Not disclosed in the provided data.
• Footnotes:
  • F1: Each RSU represents a contingent right to receive one common share upon vesting.
  • F2–F5: These entries reflect dividend-equivalent rights that accrued on RSUs granted previously (Mar 31 of 2024, 2025, and 2026). Dividend equivalents vest and settle on the same schedule as the underlying RSUs. Vesting schedules noted:
    • 2024 grant-related units vest on Mar 31, 2027.
    • 2025 grant-related units vest on Mar 31, 2027 and Mar 31, 2028.
    • 2026 grant-related units vest on Mar 31, 2027, Mar 31, 2028 and Mar 31, 2029.
• No 10b5-1 plan, immediate sale, tax-withholding sale, or gift notation was indicated in the provided details.

Context
These are compensation awards (RSUs) rather than purchases or sales of outstanding shares. RSUs are contingent rights to receive shares in the future if vesting conditions are met; dividend-equivalent amounts accrue and will be settled per the same vesting schedule. Such awards are common for executive compensation and do not by themselves indicate an insider buying or selling stock on the open market.