Form 4: U.S. Steel VP, Controller & CAO Manpreet Grewal Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Manpreet Grewal, VP, Controller & CAO of United States Steel Corp, reports a transaction involving the disposal of common stock to cover tax obligations related to vesting RSUs.
Summary
- On February 22, 2025, Manpreet Grewal, VP, Controller & CAO of United States Steel Corp, disposed of 733 shares of common stock.
- The transaction was to cover tax withholding on the vesting of Restricted Stock Units (RSUs) that were granted on February 22, 2022.
- The price per share for the disposal was $37.41.
- Following the transaction, Grewal directly owns 59,510 shares of United States Steel Corporation Common Stock.
- Grewal also indirectly owns 2,927.977 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily reflect a strategic shift or material event for United States Steel Corp within the broader steel industry.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2022 | Date of grant for the Restricted Stock Units (RSUs). |
| 02/22/2025 | Date of transaction: Disposal of shares for tax withholding. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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