STEEL DYNAMICS INC·4

Mar 13, 8:29 AM ET

Poinsatte Richard A 4

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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.