Form 4: U.S. Steel Director John V. Faraci Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director John V. Faraci reports a transaction involving U.S. Steel common stock related to tax withholding on vested RSUs.
Summary
- On April 30, 2025, John V. Faraci, a director of United States Steel Corporation, reported a change in beneficial ownership of the company's common stock.
- The transaction involved the disposal of 26 shares at a price of $43.13 per share.
- This disposal was due to tax withholding related to the vesting of Restricted Stock Units (RSUs) granted on April 30, 2024, under the Corporation's Non-Employee Director Compensation Policy.
- Following the reported transaction, Faraci beneficially owns 49,977.485 shares of U.S. Steel common stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares disposed of for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of RSU grant under the Corporation's Non-Employee Director Compensation Policy. |
| 04/30/2025 | Date of transaction (disposal of shares for tax withholding). |
| 05/01/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, beneficial ownership, John V. Faraci, U.S. Steel, director, stock transaction, RSUs, tax withholding
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