Form 4: Steel Dynamics Inc. Executive Glenn Pushis Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Senior Vice President Glenn Pushis of Steel Dynamics Inc. reports acquisition and disposition of common stock related to a long-term incentive program and tax withholding.

Summary

  • On March 14, 2025, Glenn Pushis, a Senior Vice President at Steel Dynamics Inc., reported changes in beneficial ownership of the company's common stock.
  • Pushis acquired 29,679 shares of common stock through a Long-Term Incentive Program at a price of $0.
  • He also disposed of 13,040 shares to cover withholding tax liabilities at a price of $119.4 per share.
  • Following these transactions, Pushis directly owns 141,350 shares of Steel Dynamics Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and does not indicate any significant positive or negative sentiment.

Positives

  • The acquisition of shares through the Long-Term Incentive Program aligns the executive's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of executive compensation and ownership transparency in publicly traded companies.

Stakeholder Impact

  • The transactions reflect standard executive compensation practices and are unlikely to have a significant impact on stakeholders.

Key Dates

DateDescription
03/14/2025Date of the reported transactions (acquisition and disposition of shares).

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