Wagler Theresa E 4
4 · STEEL DYNAMICS INC · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Steel Dynamics CFO Theresa Wagler Receives Award, Withholds Shares
What Happened Theresa E. Wagler, Executive Vice President & Chief Financial Officer of Steel Dynamics (STLD), received 20,766 shares as an equity award on 2026-03-13 (reported as a grant/acquisition). To cover withholding tax on the award, 9,114 shares were surrendered to the company at $182.19 per share, totaling $1,660,480. Net shares issued to Wagler from this transaction were 11,652 (20,766 awarded minus 9,114 withheld).
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-13 (appears timely).
- Award: 20,766 shares granted (reported at $0.00 acquisition price in filing).
- Tax withholding: 9,114 shares withheld/disposed at $182.19 each for $1,660,480.
- Net new shares to insider: 11,652 (20,766 − 9,114), based on the two reported entries.
- Footnotes: Award issued under the company’s Long-Term Incentive Program (2023 Equity Incentive Plan) and exempt from Section 16(b) per Rule 16b-3(d). Withheld shares were used to satisfy withholding tax per plan terms and exempt under Rule 16b-3(e).
- Shares owned after the transaction: not specified in the provided filing.
Context This was an equity award (A) with shares withheld for tax purposes (F), not an open-market sale or option exercise. Such withholdings to cover taxes are a routine administrative step when awards vest and do not, by themselves, indicate insider sentiment about the company.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-13+20,766→ 504,152 total - Tax Payment
Common Stock
[F2]2026-03-13$182.19/sh−9,114$1,660,480→ 495,038 total
Footnotes (2)
- [F1]Acquisition from Issuer: Shares awarded under Long-Term Incentive Program adopted by Compensation Committee composed of three or more independent non-employee directors pursuant to the Company's 2023 Equity Incentive Plan approved by Compensation Committee and Stockholders and exempt from Section 16(b) of Exchange Act pursuant to Rule 16b-3(d).
- [F2]Disposition to Issuer: Shares withheld by Issuer in payment of reporting person's withholding tax liability in connection with such person's receipt or vesting of an equity security, and either approved in advance by Compensation Committee or mandated by the express terms of the Plan and exempt from Section 16(b) of Exchange Act in accordance with Exchange Act Rule 16b-3(e).