Form 4: Ryerson Holding Corp CAO Molly D. Kannan Reports Changes in Beneficial Ownership
SEC Form 4
Molly D. Kannan, CAO & Corporate Controller of Ryerson Holding Corp, reports acquisitions of dividend equivalent rights related to restricted stock units.
Summary
- Molly D. Kannan, CAO & Corporate Controller of Ryerson Holding Corporation, filed a Form 4 on March 24, 2025, reporting changes in beneficial ownership.
- The reported transactions involve the acquisition of dividend equivalent rights related to restricted stock units.
- These rights accrued on restricted stock units granted on March 31, 2022, March 31, 2023, and March 31, 2024, and outstanding as of March 20, 2025.
- The dividend equivalent rights vest proportionately with the underlying restricted stock units and are subject to the same settlement and expiration terms.
- The reported acquisitions resulted in Ms. Kannan beneficially owning 1,784.322, 4,078.605, and 5,983.617 restricted stock units respectively.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing, indicating neutral sentiment. It reflects standard compensation practices and insider ownership.
Positives
- The acquisition of dividend equivalent rights suggests continued alignment of Ms. Kannan's interests with those of the company and its shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider ownership and compensation.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Date of grant for some of the restricted stock units related to the dividend equivalent rights. |
| 03/31/2023 | Date of grant for some of the restricted stock units related to the dividend equivalent rights. |
| 03/31/2024 | Date of grant for some of the restricted stock units related to the dividend equivalent rights. |
| 03/20/2025 | Date of transaction for the acquisition of dividend equivalent rights. |
| 03/24/2025 | Date of Form 4 filing. |
| 03/31/2025 | Vesting date for some of the restricted stock units and dividend equivalent rights. |
| 03/31/2026 | Vesting date for some of the restricted stock units and dividend equivalent rights. |
| 03/31/2027 | Vesting date for some of the restricted stock units and dividend equivalent rights. |
Keywords
Form 4, beneficial ownership, Ryerson Holding Corp, restricted stock units, dividend equivalent rights, Kannan Molly D, RYI
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.