Form 4: U.S. Steel CFO Jessica Graziano Reports Stock Disposals for Tax Withholding
SEC Form 4 Filing
Jessica Graziano, SVP & CFO of United States Steel Corp, reports disposals of common stock to cover tax obligations related to vesting Restricted Stock Units (RSUs).
Summary
- Jessica Graziano, the SVP & Chief Financial Officer of United States Steel Corp, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On February 27, 2025, 6,258 shares of common stock were disposed of at a price of $38.99 to cover tax withholding on vesting RSUs granted on February 27, 2024.
- On February 28, 2025, 5,682 shares of common stock were disposed of at a price of $39.61 to cover tax withholding on vesting RSUs granted on February 28, 2023.
- Following these transactions, Graziano directly owns 211,444 shares of United States Steel Corporation Common Stock.
- Additionally, Graziano indirectly owns 2,626.777 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock disposals for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates stock disposals to cover tax obligations, which is a common practice.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on stakeholders as they are related to tax obligations and represent a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/28/2023 | Date of RSU grant related to the February 28, 2025 transaction. |
| 02/27/2024 | Date of RSU grant related to the February 27, 2025 transaction. |
| 02/27/2025 | Disposal of 6,258 shares at $38.99 for tax withholding. |
| 02/28/2025 | Disposal of 5,682 shares at $39.61 for tax withholding. |
| 03/03/2025 | Date of Form 4 filing. |
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