Form 4: Ryerson Holding Corp: Chief Information Officer Reports Stock Transactions
SEC Form 4 Filing
Alagu Sundarrajan, Chief Information Officer of Ryerson Holding Corp, reports acquisition and disposal of common stock and restricted stock units on March 31, 2025, due to vesting and tax obligations.
Summary
- On March 31, 2025, Alagu Sundarrajan, the Chief Information Officer of Ryerson Holding Corp, reported transactions involving the company's common stock and restricted stock units.
- These transactions include the acquisition of shares through the vesting of restricted stock units and dividend equivalent rights.
- The reporting person acquired 1,785, 2,039, 1,994 and 10,050 shares of common stock through vesting of restricted stock units and performance-based restricted stock units.
- The reporting person disposed of 4,047 shares to cover income tax obligations related to the vesting of restricted stock units at a price of $22.96.
- Following these transactions, the reporting person directly owns 32,005.4521 shares of common stock.
- The reporting person also holds 6,600 restricted stock units.
Sentiment
Score: 6
Explanation: Neutral sentiment as the document primarily reports routine stock transactions related to executive compensation.
Positives
- The vesting of restricted stock units indicates that the reporting person is meeting the conditions of their compensation package.
- The acquisition of shares through dividend equivalent rights suggests the company is paying dividends.
Negatives
- The disposal of shares to cover tax obligations could be seen as a slight negative, although it's a common practice.
Future Outlook
Vested shares from restricted stock units will be delivered to the reporting person not later than 60 days following the vesting dates.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Grant date of 4,950 restricted stock units, vesting annually over three years. |
| 03/31/2023 | Grant date of 5,775 restricted stock units, vesting annually over three years. |
| 03/31/2024 | Grant date of 5,775 restricted stock units, vesting annually over three years. |
| 03/31/2025 | Date of reported transactions: vesting of restricted stock units, dividend equivalent rights, and performance-based restricted stock units; disposal of shares for tax obligations; grant date of 6,600 restricted stock units, vesting annually over three years. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Ryerson Holding Corp, Alagu Sundarrajan, Chief Information Officer, Form 4, Stock Transactions, Restricted Stock Units, Vesting, Dividend Equivalent Rights, Common Stock
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