Anderson James Stanley 4

What Happened
Anderson James Stanley, Senior Vice President of Steel Dynamics, sold a total of 10,000 shares in multiple open-market transactions on June 5, 2026, generating aggregate proceeds of $2,687,029. The filing reports four tranches: 1,100 shares at a weighted average $267.35 ($294,085); 4,177 shares at $268.42 ($1,121,190); 4,401 shares at $269.22 ($1,184,837); and 322 shares at $269.93 ($86,917). These were outright sales (transaction code S) — sales are often routine portfolio management rather than a clear signal about company prospects.

Key Details

• Transaction date: June 5, 2026; Form 4 filed June 8, 2026 (filed three calendar days after the trades; appears timely within typical 2-business-day reporting window).
• Reported weighted-average prices: $267.35, $268.42, $269.22, $269.93. Per footnotes, individual trades occurred across price ranges of $266.77–$267.70; $267.83–$268.78; $268.83–$269.67; and $269.89–$269.98. The filer offers to provide a breakdown of exact execution prices on request.
• Shares sold: 10,000 total; aggregate proceeds: $2,687,029.
• Shares owned after transaction: Not disclosed in the supplied filing details.
• Notable footnotes: Weighted-average prices reported; multiple execution prices within disclosed ranges (see footnotes).
• No 10b5-1 plan, tax-withholding, or gift designation is indicated in the provided information.

Context
For retail investors: purchases by insiders often draw more attention than routine sales. This filing documents an open-market sale by an executive; it is factual record of disposal, not an explanation of motive. If you want exact per-trade prices or post-transaction holdings, the filer has committed to provide that data on request to Steel Dynamics, shareholders, or the SEC staff.