Form 4: Cleveland-Cliffs Director Susan Miranda Green Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Susan Miranda Green reports acquisition of restricted shares and an adjustment to previously held shares of Cleveland-Cliffs Inc.

Summary

  • On April 23, 2025, Susan Miranda Green, a director of Cleveland-Cliffs Inc., reported changes in her beneficial ownership of the company's common shares.
  • She acquired 18,567 restricted shares as part of the 2025 Director Restricted Shares under the 2021 Nonemployee Directors' Compensation Plan.
  • An adjustment of 194 shares was made due to reconciliation with the Reporting Person's records.
  • Following these transactions, Green beneficially owns 116,726.3438 common shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing reflects standard compensation practices and accurate reporting, suggesting good corporate governance.

Positives

  • The acquisition of restricted shares indicates continued alignment of the director's interests with the company's performance.
  • The reconciliation adjustment suggests attention to detail and accuracy in reporting beneficial ownership.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding changes in ownership.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the ownership stake of a key company director.

Key Dates

DateDescription
04/23/2025Date of transaction: acquisition of restricted shares and reconciliation adjustment.
04/25/2025Date of signature on the report.

Keywords

beneficial ownership, Form 4, director, restricted shares, Cleveland-Cliffs, CLF

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