Anderson James Stanley 4
Research Summary
AI-generated summary
Steel Dynamics (STLD) SVP Anderson James Stanley Receives Award
What Happened
- Anderson James Stanley (Senior Vice President) was granted 4,187 restricted stock units (RSUs) on 2026-02-20. The grant price is $0.00, so the reported acquisition value is $0. These RSUs are awards (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-02-20 — Grant/Award (A).
- Shares/units granted: 4,187; Price per share/unit: $0.00; Total reported value: $0.
- Shares owned after transaction: Not specified in the filing.
- Vesting/footnote: Footnote F1 states these RSUs equal the underlying shares, are granted for no consideration, are exempt under Rule 16b-3(d)(1) and (3), and vest as follows — 1/3 on 02/20/2028, 1/3 on 02/20/2029, and the final 1/3 on 02/20/2030. Settlement will be solely in shares of common stock.
- Filing timeliness: Report filed 2026-02-24 for a 2026-02-20 transaction; filing is within the typical two-business-day Form 4 filing window (timely).
Context
- RSUs are restricted stock units that convert to actual shares only upon vesting; this grant is a compensation award rather than a market buy signal or sale. Such awards are common for executive compensation and do not necessarily indicate immediate trading intent or sentiment.