Form 4: Ryerson Holding Corp Executive John E. Orth Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


EVP of Operations at Ryerson Holding Corp, John E. Orth, reports acquisition of dividend equivalent rights on restricted stock units.

Summary

  • On June 20, 2024, John E. Orth, EVP of Operations at Ryerson Holding Corp, reported the acquisition of dividend equivalent rights related to previously granted restricted stock units.
  • These rights accrued on restricted stock units granted on March 31, 2022, March 31, 2023, and March 31, 2024.
  • The dividend equivalent rights vest proportionately with the underlying restricted stock units and are subject to the same settlement and expiration terms.
  • The reported transactions did not involve the sale or disposal of any securities.
  • Following the reported transactions, Orth directly owns 1,738.0909 shares related to the 2022 grant, 3,972.9346 shares related to the 2023 grant and 5,828.5884 shares related to the 2024 grant.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation, with no inherent positive or negative sentiment.

Positives

  • The acquisition of dividend equivalent rights suggests continued alignment of executive compensation with shareholder returns.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The reported transactions provide transparency to shareholders regarding executive compensation and alignment of interests.

Key Dates

DateDescription
03/31/2022Date of grant for some of the restricted stock units.
03/31/2023Date of grant for some of the restricted stock units.
03/31/2024Date of grant for some of the restricted stock units.
06/20/2024Date of transaction: Acquisition of dividend equivalent rights.
06/24/2024Date of filing.
03/31/2025Vesting date for some of the restricted stock units and dividend equivalent rights.
03/31/2026Vesting date for some of the restricted stock units and dividend equivalent rights.
03/31/2027Vesting date for some of the restricted stock units and dividend equivalent rights.

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