Hamann Jennifer L 4

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.