Form 4: U.S. Steel Executive Scott D. Buckiso Exercises Stock Options and Disposes of Shares for Tax Obligations

Sentiment:

SEC Form 4 Filing


Scott D. Buckiso, SVP & Chief Mfg Officer NAFR at United States Steel Corp, exercised stock options and disposed of shares to cover exercise price and tax obligations on February 3, 2025.

Summary

  • On February 3, 2025, Scott D. Buckiso, a Senior Vice President and Chief Manufacturing Officer at United States Steel Corporation, exercised stock options to acquire 8,880 shares of common stock at a price of $24.78 per share.
  • Simultaneously, Mr. Buckiso disposed of 6,965 shares at $36.84 to cover the exercise price and tax obligations associated with the option exercise.
  • Following these transactions, Mr. Buckiso directly owns 181,056 shares of United States Steel Corporation common stock and indirectly owns 10,345.12 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a standard transaction related to stock options and tax obligations.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine insider transaction.

Key Dates

DateDescription
02/24/2016Original grant date of the stock options, which vest ratably over three years.
02/03/2025Date of the stock option exercise and share disposal.
02/05/2025Date of signature on the Form 4 filing.
02/24/2025Expiration date of the stock options.

Keywords

Form 4, Stock Options, Beneficial Ownership, United States Steel Corporation, Scott D. Buckiso, Insider Trading

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