Poinsatte Richard A 4
4 · STEEL DYNAMICS INC · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Steel Dynamics SVP Richard Poinsatte Receives 6,253-Share Award
What Happened
- Richard A. Poinsatte, Senior Vice President of Steel Dynamics, received an award of 6,253 shares on 2026-03-13 (acquired at $0.00). To cover withholding tax related to the award/vesting, 2,744 shares were surrendered to the issuer on the same date at $182.19 per share (proceeds of approximately $499,929).
Key Details
- Date: 2026-03-13
- Award: 6,253 shares (code A) — acquisition reported at $0.00 per share
- Withholding: 2,744 shares (code F) withheld/disposed at $182.19 per share; total value ≈ $499,929
- Post-transaction holdings: not specified in the provided filing excerpt
- Footnotes: F1 notes the award was granted under the company’s 2023 Equity Incentive Plan via the Compensation Committee; F2 notes the withheld shares were surrendered to the issuer to satisfy the reporting person’s tax withholding obligation
- Filing timeliness: filing date equals transaction date (2026-03-13); no late filing indicated in provided data
Context
- This was a compensation vesting/award event with routine tax withholding — common for equity awards and not the same as an open-market buy or sell. The withholding (disposal) is a standard mechanism to cover taxes and should not be interpreted on its own as a signal of insider sentiment. The award is reported as exempt from Section 16(b) per the cited plan/rules.
Insider Transaction Report
Form 4
Poinsatte Richard A
Senior Vice President
Transactions
- Award
Common Stock
[F1]2026-03-13+6,253→ 33,662 total - Tax Payment
Common Stock
[F2]2026-03-13$182.19/sh−2,744$499,929→ 30,918 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).
Signature
/s/ Richard A. Poinsatte|2026-03-13