Hamann Jennifer L 4
4 · STEEL DYNAMICS INC · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Steel Dynamics (STLD) Director Jennifer Hamann Receives 79-Share Award
What Happened
- Jennifer L. Hamann, a director of Steel Dynamics (STLD), was granted 79 shares in the form of deferred stock units (DSUs) on 2026-05-06. The award is recorded at $0.00 per share because it is a compensation grant (not a cash purchase).
Key Details
- Transaction date: 2026-05-06; filing date: 2026-05-07 (timely).
- Transaction type: Award/Grant (A) of 79 DSUs at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: DSUs were issued as director retainer compensation under the company's 2023 Equity Incentive Plan and are exempt from Section 16(b) under Rule 16b-3(d)(1) and (3). These DSUs are reportable as directly owned common stock because they will be settled solely in common shares when paid.
Context
- DSUs are deferred compensation: they are granted now but payable later (in common stock) and do not represent an open-market purchase or sale. Such grants are routine director compensation and do not, by themselves, indicate insider buying or selling intent.
Insider Transaction Report
Form 4
Hamann Jennifer L
Director
Transactions
- Award
Common Stock
[F1]2026-05-06+79→ 4,574 total
Footnotes (1)
- [F1]Issued as deferred stock units (DSUs) in connection with reporting person's retainer, as a director, under the Company's 2023 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, as directly owned shares of common stock, rather than as derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in common stock. (See Lincoln National Corp. (March 20, 1992) (Q.3)
Signature
/s/ Theresa E. Wagler by Power of Attorney|2026-05-07