Form 4: Cleveland-Cliffs Director Susan Miranda Green Receives Restricted Shares
SEC Form 4 Filing
Director Susan Miranda Green acquired 7,679 common shares of Cleveland-Cliffs Inc. as restricted shares on April 25, 2024.
Summary
- On April 25, 2024, Susan Miranda Green, a director of Cleveland-Cliffs Inc., acquired 7,679 common shares.
- These shares were granted as restricted shares under the 2021 Nonemployee Directors' Compensation Plan.
- Following this transaction, Green directly owns 97,965.3438 common shares of Cleveland-Cliffs Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects a director receiving compensation in the form of restricted shares, indicating alignment with the company's success.
Positives
- The acquisition of restricted shares by a director signals confidence in the company's future.
Future Outlook
The document does not contain any specific forward-looking statements.
Industry Context
This filing is a routine disclosure of a director's acquisition of company stock, which is common in publicly traded companies. It reflects part of director compensation packages.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/25/2024 | Date of transaction: Susan Miranda Green acquired 7,679 restricted shares. |
| 04/26/2024 | Date of signature: James D. Graham signed the report by Power of Attorney. |
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