Form 4: U.S. Steel CEO David Burritt Reports Stock Transactions
SEC Form 4 Filing
David Burritt, President and CEO of United States Steel Corp, reports the disposal of 19,427 shares for tax withholding related to RSU vesting.
Summary
- On February 22, 2025, David B. Burritt, the President and CEO of United States Steel Corporation, disposed of 19,427 shares of common stock to cover tax obligations.
- The transaction was related to the vesting of Restricted Stock Units (RSUs) granted on February 22, 2022.
- The shares were disposed of at a price of $37.41 per share.
- Following the transaction, Burritt directly owns 994,185 shares of United States Steel Corporation common stock.
- Burritt also indirectly owns 290,082 shares through a trust and 11,756.872 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any explicit positive or negative sentiment about the company's performance or outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It doesn't necessarily reflect a change in the executive's confidence in the company's future prospects, as it's primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Date of RSU grant |
| 02/22/2025 | Date of stock disposal for tax withholding |
| 02/25/2025 | Date of signature on the Form 4 filing |
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