X.United States Steel CORP

Form 4: U.S. Steel Executive Reports Stock Disposals for Tax Withholding

Sentiment:

SEC Form 4 Filing

📋All filings for United States Steel CORP
🔒Login to Follow

Manpreet Grewal, VP, Controller & CAO of United States Steel Corp, reports disposals of common stock to cover tax obligations related to vesting Restricted Stock Units (RSUs).

Summary

  • Manpreet Grewal, VP, Controller & CAO of United States Steel Corp, filed a Form 4 detailing changes in beneficial ownership.
  • The report indicates the disposal of U.S. Steel common stock on February 27, 2025, and February 28, 2025, to cover tax withholdings on vesting RSUs.
  • On February 27, 2025, 657 shares were disposed of at a price of $38.99.
  • On February 28, 2025, 594 shares were disposed of at a price of $39.61.
  • Following these transactions, Grewal directly owns 69,206 shares of U.S. Steel common stock and indirectly owns 2,927.977 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine filing related to executive stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Executive stock transactions are a normal part of corporate governance and compensation practices. Disposals for tax purposes are common when RSUs vest.

Key Dates

DateDescription
02/27/2024Date of RSU grant related to the February 27, 2025, tax withholding.
02/28/2023Date of RSU grant related to the February 28, 2025, tax withholding.
02/27/2025Date of stock disposal for tax withholding on vesting RSUs (657 shares at $38.99).
02/28/2025Date of stock disposal for tax withholding on vesting RSUs (594 shares at $39.61).
03/03/2025Date of Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.