Scott Peter Jennings 4
4 · OLYMPIC STEEL INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Olympic Steel (ZEUS) Director Scott Jennings Sells 5,030 Shares
What Happened Scott Peter Jennings, a director of Olympic Steel, reported a disposition to the issuer of 5,030 shares of Olympic Steel common stock on February 13, 2026. No per‑share price or cash value is reported on the Form 4 (listed as N/A) because the shares were transferred pursuant to the company’s merger transaction rather than sold on the open market.
Key Details
- Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (four days later).
- Transaction type: Disposition to issuer (code D) — tied to the merger with Ryerson Holding Corporation/Crimson MS Corp.
- Shares disposed: 5,030 common shares; price/total value: N/A on the filing.
- Shares owned after the transaction: not provided in the supplied data.
- Footnote: Under the Merger Agreement (dated Oct 28, 2025), each Olympic Steel share was converted into 1.7105 shares of Parent (rounded down to whole shares) plus cash in lieu of any fractional share (see footnote F1).
Context This was a corporate‑action disposition as part of the merger, not an open‑market sale by the director. In such transactions shares are exchanged for acquirer stock (and cash for fractions), so the filing does not directly signal a personal decision to sell for liquidity or sentiment reasons. Check the full Form 4 for any additional ownership details or related filings by the company or other insiders.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-02-13−5,030→ 0 total
Footnotes (1)
- [F1]Represents shares of Olympic Steel, Inc. common stock, without par value ("Company common stock"), disposed of pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated as of October 28, 2025, by and among Olympic Steel, Inc., Ryerson Holding Corporation ("Parent"), and Crimson MS Corp. At the effective time of the merger, each such share of Company common stock was converted into the right to receive a number of shares of common stock, $0.01 par value per share, of Parent, multiplied by 1.7105 (rounded down to the nearest whole share), plus a cash payment (rounded down to the nearest cent) in lieu of any fractional shares as determined pursuant to the Merger Agreement.