Ron A. Bloom - 02 Jan 2026 Form 4 Insider Report for CLEVELAND-CLIFFS INC. (CLF)

Role: Director
Signature: /s/ James D. Graham by Power of Attorney
Issuer symbol: CLF
Transactions as of: 02 Jan 2026
Net transactions value: +$39,999
Form type: 4
Filing time: 06 Jan 2026, 18:38:00 UTC
Previous filing: 03 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Bloom Ron A.	Director	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND	/s/ James D. Graham by Power of Attorney	06 Jan 2026	0001737668

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLF	Common Shares	Award	$39,999	+3,012	+3%	$13.28	102,937	02 Jan 2026	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for the first quarter pursuant to the Reporting Person's election to participate in the Cleveland-Cliffs Inc. Nonemployee Director Retainer Share Election Program. The Reporting Person elected to participate in the Retainer Election Program at 100%.