Poinsatte Richard A 4
4 · STEEL DYNAMICS INC · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Steel Dynamics (STLD) SVP Richard Poinsatte Receives Award
What Happened
- Richard A. Poinsatte, Senior Vice President of Steel Dynamics (STLD), received an award of 2,350 restricted stock units (RSUs) on 2026-02-20. The units were granted for no cash consideration (acquisition price $0) and are reported as an award rather than a purchase or sale.
Key Details
- Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (filed within the normal two-business-day window).
- Award: 2,350 restricted stock units (RSUs) granted at $0.
- Vesting/settlement: RSUs vest over four years in three installments — 1/3 on 02/20/2028, 1/3 on 02/20/2029, and the final 1/3 on 02/20/2030. Settlement will be made solely in the same number of shares of common stock after each vesting date.
- Legal note: Grant is exempt from Section 16(b) under Rule 16b-3(d)(1) and (3) (standard for bona fide equity compensation awards).
- Shares owned after the transaction: not specified in the provided filing.
Context
- RSUs are a form of equity compensation that convert into shares only after vesting; they are not an immediate market purchase and do not necessarily indicate an immediate change in insider sentiment. This grant appears to be routine long-term incentive compensation with multi-year vesting.
Insider Transaction Report
Form 4
Poinsatte Richard A
Senior Vice President
Transactions
- Award
Common Stock
[F1]2026-02-20+2,350→ 27,586 total
Footnotes (1)
- [F1]Represents grant of restricted stock units equal to the same number of underlying shares, received as an award under the Issuer's equity incentive plan, for no consideration, and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). The restricted units vest over a four year period as follows: 1/3 on 02/20/2028, 1/3 on 02/20/2029 and the final 1/3 on 02/20/2030, following which settlement is to be made solely in the same number of shares of the Issuer's common stock shown in Column 4.
Signature
/s/ Richard A. Poinsatte|2026-02-24