Form 4: Ryerson Holding Corp Executive Vice President & CFO James J Claussen Reports Changes in Beneficial Ownership
SEC Form 4
Executive Vice President & CFO of Ryerson Holding Corp, James J Claussen, reports changes in beneficial ownership due to the acquisition of dividend equivalent rights on restricted stock units.
Summary
- On March 21, 2024, James J Claussen, Executive Vice President & CFO of Ryerson Holding Corp, reported changes in beneficial ownership.
- The changes involve the acquisition of dividend equivalent rights on restricted stock units.
- These rights accrued on restricted stock units granted on March 31, 2021, March 31, 2022, and March 31, 2023, and outstanding as of March 21, 2024.
- The dividend equivalent rights vest proportionately with the restricted stock units to which they relate.
- Claussen now beneficially owns 4,058.0155 restricted stock units related to the 2021 grant, 8,036.5174 related to the 2022 grant, and 11,809.2213 related to the 2023 grant.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction and reporting of changes in beneficial ownership. |
| 03/25/2024 | Date of signature by attorney-in-fact. |
| 03/31/2021 | Date of grant for some of the restricted stock units. |
| 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 | Vesting date for some of the restricted stock units and dividend equivalent rights. |
| 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. |
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