Form 4: Ryerson Holding Corp Executive Acquires Dividend Equivalent Rights on Restricted Stock Units
SEC Form 4
Mark S. Silver, EVP, GC & Chief HR Officer of Ryerson Holding Corp, reports the acquisition of dividend equivalent rights on restricted stock units.
Summary
- On March 20, 2025, Mark S. Silver, EVP, GC & Chief HR Officer of Ryerson Holding Corp, acquired dividend equivalent rights on previously granted restricted stock units.
- These rights are associated with restricted stock units granted on March 31, 2022, March 31, 2023, and March 31, 2024.
- The dividend equivalent rights accrue when dividends are paid on the common shares underlying the restricted stock units and vest proportionately with the restricted stock units.
- Mr. Silver now beneficially owns 2,676.482 dividend equivalent rights related to the 2022 grant, 5,826.579 related to the 2023 grant, and 8,548.021 related to the 2024 grant.
- The restricted stock units and associated dividend equivalent rights vest on various dates in March 2025, March 2026, and March 2027.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the acquisition of dividend equivalent rights, which are a common component of executive compensation packages.
Stakeholder Impact
- The acquisition of dividend equivalent rights by an executive could be perceived as a positive sign by shareholders, indicating confidence in the company's future performance and dividend payouts.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Date of original restricted stock unit grant related to some of the dividend equivalent rights. |
| 03/31/2023 | Date of original restricted stock unit grant related to some of the dividend equivalent rights. |
| 03/31/2024 | Date of original restricted stock unit grant related to some of the dividend equivalent rights. |
| 03/20/2025 | Date of transaction: Acquisition of dividend equivalent rights. |
| 03/24/2025 | Date of signature on the 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, dividend equivalent rights, restricted stock units, Ryerson Holding Corp, insider transaction, Mark S. Silver
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