Form 4: U.S. Steel Executive Reports Stock Transaction
SEC Form 4 Filing
Duane D. Holloway, SVP, GC & CCO of United States Steel Corp, reports disposition of shares to cover tax obligations from vesting RSUs.
Summary
- On February 22, 2025, Duane D. Holloway, SVP, GC & CCO of United States Steel Corp [X], disposed of 2,562 shares of common stock to cover tax obligations.
- The shares were disposed of at a price of $37.41 per share.
- Following the transaction, Holloway directly owns 174,329 shares of United States Steel Corporation Common Stock.
- Holloway also indirectly owns 4,957.287 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who have stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax-related sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Date of RSU grant |
| 02/22/2025 | Date of stock transaction (disposal of shares) |
| 02/25/2025 | Date of signature on the report |
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