Steel Dynamics Inc: director Kenneth W. Cornew received 2 shares

What happened Kenneth W. Cornew, a director, received 2 shares at $0.00 on Oct 9, 2026, total value $0. The filing reports these 2 shares represent the number of shares underlying additional deferred stock units (DSUs) issued as dividend equivalents under the company's 2023 Equity Incentive Plan.

Key details

• Transaction date and price: Oct 9, 2026; 2 shares at $0.00 each, total $0.
• Shares owned after the transaction: not specified in this filing.
• Footnotes: the shares represent DSUs issued as dividend equivalents (F1); the DSUs are reportable as directly owned shares because they are payable solely in shares when settled (F2); the total includes shares from reinvested dividends on underlying DSUs (F3).
• Filing timeliness: filed on Oct 9, 2026; the filing does not indicate it was late.

Why it may matter

• This was an award/acquisition of shares via dividend-equivalent DSUs, not a market purchase or sale.
• The filing does not show why the insider traded or why the company acted.