Form 4: U.S. Steel Director Jeh C. Johnson Reports Acquisition of Shares Through Deferred Compensation Program

Director Jeh C. Johnson acquired 8,177 shares of U.S. Steel common stock through the company's Deferred Compensation Program for Non-Employee Directors.

Summary

• On April 30, 2024, Jeh C. Johnson, a director of United States Steel Corporation, acquired 8,177 shares of common stock.
• The acquisition was made through the Corporation's Deferred Compensation Program for Non-Employee Directors and was exempt under Rule 16b-3.
• The price per share was $0.
• Following the transaction, Johnson directly owns 72,123.731 shares of United States Steel Corporation common stock.
• Deferred stock units vest on the earlier of (i) the first anniversary of the grant date and (ii) the next annual meeting of stockholders, and remain deferred until retirement from the Board of Directors.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock acquisition through a compensation program. It doesn't inherently suggest positive or negative implications for the company's performance.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The deferred stock units vest on the earlier of (i) the first anniversary of the grant date and (ii) the next annual meeting of stockholders, and remain deferred until retirement from the Board of Directors.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows director alignment with company performance.

Key Dates