STEEL DYNAMICS INC·4

Mar 13, 8:28 AM ET

SCHNEIDER BARRY 4

Research Summary

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Steel Dynamics (STLD) President Barry Schneider Receives Award

What Happened

  • Barry Schneider, President and COO of Steel Dynamics (STLD), was awarded 26,571 shares on 2026-03-13 under the company's long-term incentive program. On the same date, 11,662 shares were withheld by the issuer to satisfy the reporting person's tax withholding obligation, resulting in $2,124,700 withheld (11,662 shares × $182.19).

Key Details

  • Transaction date: 2026-03-13.
  • Award: 26,571 shares granted at $0.00 (code A — award/grant from issuer).
  • Tax withholding: 11,662 shares withheld at $182.19 per share, totaling $2,124,700 (code F — disposition to issuer to cover taxes).
  • Shares owned after the transaction: not specified in this filing.
  • Footnotes: Award granted under the Company’s 2023 Equity Incentive Plan and Long-Term Incentive Program (exempt from Section 16(b) per Rule 16b-3(d)). Withholding was approved/mandated under the plan and is exempt under Rule 16b-3(e).
  • Filing timeliness: filing date equals transaction date (2026-03-13), so no late filing is indicated.

Context

  • This was an issuer grant and a tax-withholding event, not an open-market sale. Withholding shares to cover taxes is a routine administrative action and does not necessarily signal a change in the insider’s view of the company.