Form 4: Cleveland-Cliffs Director John T. Baldwin Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director John T. Baldwin reports acquisition of deferred shares in Cleveland-Cliffs Inc.
Summary
- On April 23, 2025, Director John T. Baldwin acquired 18,567 deferred shares of Cleveland-Cliffs Inc.
- These deferred shares are the economic equivalent of common stock and will be payable as common stock according to the 2021 Nonemployee Directors' Compensation Plan.
- Following the transaction, Baldwin directly owns 85,895.954 common shares.
- The transaction was reported on April 25, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, indicating a standard transaction. Sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director's holdings.
Key Dates
| Date | Description |
|---|---|
| 04/23/2025 | Date of transaction: Acquisition of deferred shares. |
| 04/25/2025 | Date of Form 4 filing. |
Keywords
beneficial ownership, director, deferred shares, Cleveland-Cliffs, CLF, Form 4, insider trading
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