Stovsky Richard P 4

4 · OLYMPIC STEEL INC · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 17, 2026

Olympic Steel (ZEUS) Director Richard Stovsky Sells Shares

What Happened

Richard P. Stovsky, a director of Olympic Steel, disposed of a total of 17,886 shares on February 13, 2026. This consists of 10,231 shares of company common stock and 7,655 derivative units (RSU-based), both reported as dispositions to the issuer pursuant to the company’s merger agreement. No per‑share prices are listed in the Form 4 (values shown as N/A).

Key Details

Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (reporting period 2/13/2026).
Shares disposed: 10,231 common shares + 7,655 derivative/RSU-related units = 17,886 total.
Prices/values: Not reported on the Form 4 (listed as N/A).
Shares owned after transaction: Not specified in the filing.
Footnote F1: Common shares were disposed pursuant to the Agreement and Plan of Merger; at the merger effective time each company share was converted into Parent common stock at a multiplier of 1.7105 plus cash in lieu of any fractional share.
Footnote F2: Each RSU represented one company share; fully vested RSUs were converted into Parent RSUs at the same 1.7105 multiplier under the merger.

Context

These dispositions are tied to the October 28, 2025 Merger Agreement (conversion into Parent stock and cash for fractional shares), not an open‑market sale. For retail investors, merger-related transfers are typically corporate-transaction driven and don’t necessarily signal the insider’s view of the stock’s standalone future performance.

Form 4Exit

Period: 2026-02-13

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2026-02-13−10,231→ 0 total
Disposition to Issuer
Restricted Share Units
[F2]
2026-02-13−7,655→ 0 total
→ Common Stock (7,655 underlying)

Footnotes (2)

[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. (the "Company"), Ryerson Holding Corporation ("Parent"), and Crimson MS Corp. (including restricted shares that vested in connection with the merger). 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 ("Parent common stock"), 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.
[F2]Each restricted share unit ("RSU") represents the contingent right to receive one share of Company common stock. These RSUs are fully vested and will generally be settled upon the Reporting Person's separation from service. Pursuant to the Merger Agreement, these RSUs were converted into RSUs with respect to Parent common stock by multiplying the number of shares of Company common stock underlying the award by 1.7105 (rounded down to the nearest whole share).

Signature

/s/ Lisa K. Christen, as Attorney-In-Fact|2026-02-17

1 file