Scott Peter Jennings 4

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.