Form 4: Ryerson Holding Corp Executive Mark S. Silver Reports Changes in Beneficial Ownership
SEC Form 4
EVP, GC & Chief HR Officer of Ryerson Holding Corp, Mark S. Silver, reports acquisition of dividend equivalent rights on restricted stock units.
Summary
- Mark S. Silver, EVP, GC & Chief HR Officer of Ryerson Holding Corp, filed a Form 4 on June 24, 2024.
- The report details the acquisition of dividend equivalent rights on 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 June 20, 2024.
- The dividend equivalent rights vest proportionately with the underlying restricted stock units.
- Silver now beneficially owns 2,607.1369 restricted stock units related to the 2022 grant, 5,675.6206 related to the 2023 grant, and 8,326.5549 related to the 2024 grant.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, and does not inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the compensation and equity ownership of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and equity ownership.
- It assures stakeholders that executives' interests are aligned with those of the shareholders through equity-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Date of grant for some of the restricted stock units. |
| 03/31/2023 | Date of grant for some of the restricted stock units. |
| 03/31/2024 | Date of grant for some of the restricted stock units. |
| 06/20/2024 | Date of transaction for dividend equivalent rights. |
| 06/24/2024 | 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. |
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