Steel Dynamics Inc: director Sheree L Bargabos received 40 shares

What happened Sheree L Bargabos, a director, received 40 shares as a grant/award (transaction code A) on Oct 9, 2026. The filing reports a price of $0.00 per share and a total reported value of $0.

Key details

• Transaction date and price: Oct 9, 2026 — award (A) of 40 shares at $0.00 per share; total $0.
• Shares owned after the transaction: not stated in the provided filing.
• Footnote F1: these 40 shares represent common stock underlying additional deferred stock units (DSUs) issued as dividend equivalents in connection with the director retainer under the company's 2023 Equity Incentive Plan; the transaction is described as exempt from Section 16(a) reporting and Section 16(b) by virtue of the dividend reinvestment feature and Rule 16b-3(d)(1) and (3).
• Footnote F2: reported as directly owned shares because any underlying DSUs are payable solely in common stock when settled.
• Footnote F3: total includes shares resulting from reinvestment of dividends on any underlying DSUs.
• Form filed on Oct 9, 2026; no late filing indication provided in the supplied data.

Why it may matter This was an award of shares tied to DSUs and dividend reinvestment, not a market purchase or sale. The filing shows the award details and related exemptions but does not explain the reason for the award. This filing does not show why the insider traded or why the company acted.