Anton Arthur F 4

What Happened Anton Arthur F, a director of Olympic Steel, disposed of a total of 88,864 company interests on February 13, 2026: 44,238 shares of Olympic Steel common stock and 44,626 derivative units (RSUs). No per‑share price or cash value is reported on the Form 4 because these dispositions were effected pursuant to the Company’s Merger Agreement—each Company share was converted into the right to receive Parent (Ryerson Holding) common stock at a 1.7105 exchange ratio (rounded down to whole shares) plus cash in lieu of any fractional shares. The RSUs were converted into Parent RSUs under the same ratio and were immediately settled in Parent common stock upon the reporting person’s separation in connection with the merger.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (filed within normal two-business-day Form 4 deadline given the Presidents’ Day holiday).
• Reported dispositions: 44,238 shares (company common stock) and 44,626 RSUs (derivative) — total 88,864 company-equivalent interests; prices/total dollar values: N/A on the filing.
• Footnote highlights: (F1) Company shares were converted into Parent common stock at a 1.7105 ratio plus cash for fractional shares; (F2) RSUs were fully vested, converted using the same ratio and immediately settled in Parent common stock upon separation.
• Transaction code: D = Disposition to issuer; one entry is a derivative settlement (RSU).
• Shares owned after the transaction: not specified in the information provided.

Context These were merger-related conversions/settlements rather than open-market sales or discretionary insider trades. The filing shows the disposition was part of the Merger Agreement process (exchange of Company shares/RSUs for Parent shares and cash for fractions), so it reflects the corporate transaction mechanics rather than a trading decision by the director.